A block away from some of the most beautiful homes in Detroit, a 1923 apartment building will be rehabbed for affordable housing. The Charlotte sits at Glynn Court and Second Avenue, and developers plan for the work to be done early next year.
The Charlotte has 12 one-bedroom apartments, 13 two-bedroom apartments and three studio apartments. 32 percent of the building will be offered to those making 60 percent Area Median Income, while the rest will be offered to those making 80 percent AMI.
The work is being led by developers Tom Anderton and Adam Noel of Charlotte Detroit LLC. A $2.55 million loan from the Detroit Housing for the Future Fund is supporting the renovation.
The Detroit Housing for the Future Fund has investments from JP Morgan Chase at $15 million and the Kresge Foundation at $10 million. It's managed by LISC Detroit and part of a larger initiative in the City's Housing and Revitalization Department.
“Creating long-term housing affordability in Detroit is foundational to ensuring safe, healthy places for families to thrive and grow,” said Tahirih Ziegler, LISC Midwest Program vice president. “This is crucial to ensuring that Detroit remains a place where all can afford to call home and live in quality housing.”
Renovations to the building include a new roof, new windows, rehabs of the apartments, and a new HVAC system, plus on-site laundry and updated common space.
