(Holland, MI) – The state has approved 12-million-dollars in low-income housing tax credits for the Kollen Park Drive project in Holland. The credits will cover about 90-percent of the funding for the affordable housing project. Construction is expected to start early next year and will build 32 one-bedroom and six two-bedroom apartments at 345 West 14th Street, which used to be the site of the Community Action House.
“We’re very excited to be part of the team that has put together this project,” said Jeremy DeRoo, CEO of Grand Rapids-based nonprofit Dwelling Place.
“That’s often how this works is we connect with people who are passionate about their community, that see affordable housing challenges in front of (their) face and ask the question, ‘What can we do about this?’ And Dwelling Place tries to come alongside them and find solutions to those challenges,” DeRoo explained.
Rent will start at around 400-dollars.
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