1880 Stonebrook Grand Rapids, MI
Stonebrook offers 2 and 3 bedroom apartment homes for low income and moderate income families in Grand Rapids, Michigan. All units are townhomes and feature in-unit washers and dryers, as well as a full basement. The property is located on a GRATA bus route and also features an on-site pool and playground.
214 Family Apartments / 128 units at AMI 60% or lower, 86 market rate units
Total project cost:
$26,030,371 LIHTC / MSHDA Mortgage / MSHDA HOME Loan / MSHDA Preservation Loan
Ginosko Development Company (2013-2016) Acquisition | Financing | Construction Oversight | Asset Management | Resident Engagement | Development Team Formation and Administration
GDC-KMG Stonebrook I&II LDHA, LLC / Stonebrook III LDHA, LP
Ginosko Development Company | KMG Prestige, Inc. | Hooker DeJong Architects | Depauda Construction | Loomis