Michigan / Ann Arbor / Maple Towers
Maple Towers    –
Ann Arbor, MI
Number of Units
135
Type of Housing
Permanent Supportive Housing, Rehabilitation
Development Cost
$16.5 million
Financing

Federal tax credit equity
Federal Home Loan Bank funds
Energy tax credits

Investor

JPMorgan Chase Bank, N.A.
Cinnaire Investment Corporation
Red Stone Equity Partners

Norstar Role
Turnkey Developer
Partner
Ann Arbor Housing Commission
Completion Year

2015

Norstar Building Corporation Role
General Contractor