[DetroitMan]

Great visual updates on the construction projects in DT Ann Arbor! Also, I'm glad you started to compile a list of all the projects in Ann Arbor. It's amazing how many developments are underway right now. While this project isn't in Ann Arbor proper, it should help with some of the housing affordability issues in the area.

295-unit affordable apartment complex breaks ground near Ann Arbor

The $76 million Haverhill on Clark development from Lockwood Companies broke ground Wednesday at the southwest corner of Clark and Golfside roads in Pittsfield Township. The project will consist of 295 apartments over two four-story buildings and will include a swimming pool, grilling area, outdoor lounge, electric vehicle charging stations, community room and fitness center, according to a news release. Funded, in part, with more than $34 million in low income housing tax credits from real estate company Berkadia, the development will be targeted at those making between 40% and 60% of the area median income, which is $73,276 for Ann Arbor. Rents at the new Pittsfield Township development for one person would be limited to those making $34,720-$52,080, according to a memo from MSHDA. Two-person households could have incomes of $39,680-$59,520.

Rents are projected to range from $809-$1,137 for a one-bedroom, one-bathroom unit; $968-$1,333 for a two-bedroom, two-bathroom unit and $1,114-$1,558 for a three-bedroom, two-bathroom unit.

The development sits within the Ann Arbor school district.

The Washtenaw County market "has had a real shortage of affordable housing," said Mark Lockwood, president and CEO of Lockwood Companies.

https://www.crainsdetroit.com/real-e...near-ann-arbor