Mapleridge Duplexes
About the project
Osborn Neighborhood Alliance (ONA) was founded in 2008 with the support of the Skillman Foundation’s Good Neighborhood Initiative. ONA works to be the voice of the Osborn community, with a mission to “function as an independent governing body that engages and empowers families to have all the resources and supports necessary to make their children successful by creating an effective format for communication and cooperation between parents, residents, community leaders, business, clergy, law enforcement, housing developers, and school staff in the Osborn neighborhood.”
ONA is based in Detroit, MI and serves the Osborn neighborhood on the northeast side.
LISC provided $1.00 million in construction financing to support the rehabiliation of three duplex properties in Detroit's Osborn neighborhood. Each home will have two units and be sold to buyers making no more than 80% of AMI. The second unit will be rented to households making no more than 60% AMI.
Partner:
Osborn Neighborhood Alliance
Location:
Detroit, MI
Total Investment:
$1.00 million
Results:
6 units
Project Category:
Affordable Housing;
Product:
Construction loan
UN SDGs:
