G.A. Haan Development is pleased to announce that it has been awarded $764,000 in HOME Investment Partnership Program funds by the Michigan State Housing Development Authority (MSHDA) for Phelps Square Apartments. These funds will be used to create 24 affordable family units at the site formerly known as Phelps School in Ishpeming. HOME funds are a federal resource that are administered by MSHDA and assist in the creation of affordable housing.
“We’re grateful that MSHDA has recognized the importance of this project to the city of Ishpeming, and we’re excited to see Phelps Square become a reality” said Gerald Haan, principal of G.A. Haan Development. The next hurdle for Phelps Square comes in the form of an application for housing tax credits, which is due to MSHDA by February 15th.
Questions about Phelps Square should be directed to Ben Ide, Development Coordinator for G.A. Haan Development, at (231) 526-7380.