In honor of Veteran’s Day this week, we are shining a light on Grand View Place in Grand Rapids, MI, where 21 rental homes were set aside and furnished for local homeless or disabled veterans.
Woda Cooper Companies, Inc. opened Grand View Place earlier this year to offer a total 68 one- and two-bedroom affordable rental apartments in a new, four-story building overlooking the Grand River. All apartments at this $12 million property are affordable for singles, families, and seniors who earn up to 60 percent area median income. With great demand for affordable housing in Grand Rapids, the community was fully occupied quickly.
Woda Cooper worked with Community Rebuilders to facilitate leasing and supportive services for the 21 veteran apartments. A local church donated new furniture, cookware, and personal items such as toiletries and linens to help each veteran home feel complete.
“Giving veterans in need a safe, secure place to live at Grand View Place was a goal from the time we started dreaming and planning for this property,” said Craig Patterson, Woda Cooper Companies’ Senior Vice President-Development who himself is a veteran and led this development.
Grand View Place was designed by Hooker DeJong Architects and built by Woda Construction, Inc. The property features open concept living spaces, with fully equipped kitchens energy efficient appliances, and washer/dryer hookups. Many units are fully handicapped accessible and universal design is employed throughout the site. Community amenities include a central laundry and two large community rooms. The 4th floor outdoor patio offers spectacular views of the historic 6th Street Bridge and downtown Grand Rapids. The property was built to LEED Silver specifications.
Supportive services are available to residents who need additional daily living support through Community Rebuilders. They are collaborating in this effort with other nonprofit organizations such as Salvation Army.
Funding was made possible for Grand View Place through Low Income Housing Tax Credits allocated by the Michigan State Housing Development Authority, with an equity investment by City Real Estate Advisors (CREA), LLC. Huntington Bank provided additional financing.
Woda Cooper Companies, Inc. appreciates the support from our funding partners and collaborators in creating Grand View Place.
About Woda Cooper Companies, Inc.
Woda Cooper Companies, Inc. and its affiliates are experienced developers, general contractors, and property managers specializing in the design, construction, and management of affordable multi-family apartments, senior communities, and single-family homes. Considered leading experts in the affordable housing industry, the Woda Cooper team is known for producing and maintaining high quality affordable housing. Affordable Housing Finance ranked the firm 6th overall among Developers and 29nth overall among Owners in its April/May 2018 issue. Woda Cooper Companies, Inc. has developed and currently manages more than 300 communities and 12,000 units, operating in 15 states. In addition to its Columbus headquarters, the firm has offices in Savannah, GA; Indianapolis, Indiana; Shelbyville, Kentucky; Annapolis, Maryland; Mackinaw City, Michigan; Charlotte, North Carolina; and Norfolk, Virginia.