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EL CENTRAL Hispanic News
  • Home
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    • Introducing the partnership with the Race and Justice reporting Initiative
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    Archbishop Weisenburger calls Catholics to be witnesses of hope for immigrants

    Archbishop Weisenburger calls Catholics to be witnesses of hope for immigrants

    The 7th Annual Talentos Latinos Awards Honor Latino Community Leaders Across Michigan

    The 7th Annual Talentos Latinos Awards Honor Latino Community Leaders Across Michigan

    Detroit Election Videos Bridge Gap Between Candidates and Voters

    Detroit Election Videos Bridge Gap Between Candidates and Voters

    Supreme Court clears way for racial profiling in immigration raids

    Supreme Court clears way for racial profiling in immigration raids

    Huicholes

    Huicholes

    Details for the Grand Opening of Ralph C. Wilson Jr. Centennial Park

    Details for the Grand Opening of Ralph C. Wilson Jr. Centennial Park

    Cultura y Comunidad – October

    Dominican Republic

    Senate Dems: Don’t cave! And explain the big picture!

    Senate Dems: Don’t cave! And explain the big picture!

  • Community
    Archbishop Weisenburger calls Catholics to be witnesses of hope for immigrants

    Archbishop Weisenburger calls Catholics to be witnesses of hope for immigrants

    The 7th Annual Talentos Latinos Awards Honor Latino Community Leaders Across Michigan

    The 7th Annual Talentos Latinos Awards Honor Latino Community Leaders Across Michigan

    DHDC Celebrates Founder Angie Reyes’ Retirement

    DHDC Celebrates Founder Angie Reyes’ Retirement

    Kirk Gibson Center for Parkinson’s Wellness Opens

    Kirk Gibson Center for Parkinson’s Wellness Opens

    Detroit Officials Implement New Truck Traffic Restrictions in Southwest Detroit

    Detroit Officials Implement New Truck Traffic Restrictions in Southwest Detroit

    Supreme Court clears way for racial profiling in immigration raids

    Supreme Court clears way for racial profiling in immigration raids

    Details for the Grand Opening of Ralph C. Wilson Jr. Centennial Park

    Details for the Grand Opening of Ralph C. Wilson Jr. Centennial Park

    TechTown Invites Latin Innovators to ‘Latin-X-Tech’ 

    Kintsugi Village Opens Its Doors in Corktown

    Michigan Hispanic Chamber of Commerce Named 2025 Chamber of the Year by USHCC

    Michigan Hispanic Chamber of Commerce Named 2025 Chamber of the Year by USHCC

  • Featured
    Archbishop Weisenburger calls Catholics to be witnesses of hope for immigrants

    Archbishop Weisenburger calls Catholics to be witnesses of hope for immigrants

    Cultura y Comunidad – October

    Hispanic Heritage Month Shifts into High Gear with Local Events

    Hispanic Heritage Month Shifts into High Gear with Local Events

    Mexican Consulate Sponsors El Grito Event in Southwest Detroit

    Mexican Consulate Sponsors El Grito Event in Southwest Detroit

    Family Ties Build Foundation for Detroit Cristo Rey Boys Soccer

    Family Ties Build Foundation for Detroit Cristo Rey Boys Soccer

    City Council Historic Designation Advisory Board to nominate Bagley-West Vernor Historic District

    City Council Historic Designation Advisory Board to nominate Bagley-West Vernor Historic District

    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

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    Seguimo’ Aqui: From Detroit to Puerto Rico for El Conejo Malo

    Seguimo’ Aqui: From Detroit to Puerto Rico for El Conejo Malo

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    Detroit Symphony Orchestra Presents The Three Mexican Tenors

    Detroit Symphony Orchestra Presents The Three Mexican Tenors

    TechTown Invites Latin Innovators to ‘Latin-X-Tech’ 

    Kintsugi Village Opens Its Doors in Corktown

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    TechTown Invites Latin Innovators to ‘Latin-X-Tech’ 

    TechTown Invites Latin Innovators to ‘Latin-X-Tech’ 

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    DIA Announces Artists Participating in 13th Annual Ofrendas

    DIA Announces Artists Participating in 13th Annual Ofrendas

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Southwest Detroit Business Association Launches 2nd-Floor Residential Grants to Create More Affordable Housing

EL CENTRAL by EL CENTRAL
February 23, 2023
in Business
Reading Time: 3 mins read
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In collaboration with the City of Detroit Housing & Revitalization Department (HRD), the Southwest Detroit Business Association (SDBA) have announced the start of its Second-Floor Residential Grant Program, which aims to convert vacant, second-floor space above commercial spaces into affordable apartment units in Southwest Detroit.

The program, which will reimburse property owners up to $10,000 for performing eligible improvements on their unused second-floor apartments, is expected to result in 24 new affordable housing units. Property owners can apply now until 5 p.m. March 31.

“At the City of Detroit, we are always looking for ways to create affordable housing and opportunities for Detroiters,” said Julie Schneider, director of HRD. “This great program does both, by converting unused space into affordable places for Detroiters to live, reinvigorating our commercial corridors and helping to stabilize income for local property owners.”

The funding allocated by the City of Detroit is part of the $203 million housing plan announced in July by Mayor Mike Duggan and City Council members as part of an effort to increase the number of code-compliant, naturally occurring affordable rental housing units.

Eligible properties must have unused second-floor apartments located above ground-floor commercial space. They also must be located within the geographic boundaries of West Vernor Highway from Woodmere to 15th Street; Springwells Street from West Vernor to the West Fisher Service Drive; Junction from Michigan Avenue to Konkel Street; and Bagley Avenue from the West Fisher Service Drive to 25th Street.

Anticipated rental rates for apartments are $780-$1,250, making them affordable to residents earning between 50 percent and 80 percent of area median income. More information can be found at www.southwestdetroit.com.

In 2016, the SDBA surveyed local business owners and identified more than 80 buildings with vacant second floors that are located within the West Vernor & Springwells Business Improvement District (BID). As a result, the SDBA implemented a publicly funded pilot with funding from the Kresge Foundation to incentivize commercial property owners to renovate their vacant second floors into affordable apartments.

The successful pilot demonstrated the feasibility of such conversions and further demonstrated how second-floor residential units provide a more active business corridor. The 12 new rental apartments increased the living options for residents, generated more foot traffic in the area, and spurred economic development along the commercial corridor. The program also created new revenue streams for local property owners, providing financial stability as neighborhood retail markets were disrupted by the COVID pandemic.

“We are excited for our continued partnership with the City of Detroit, bringing economic development opportunities to Southwest Detroit and simultaneously increasing access to safe and affordable housing for Detroit residents,” said SDBA Vice President of Programs and Compliance Laura Chavez-Wazeerud-Din.

For more information about the Second-Floor Residential Program, contact SDBA Real Estate Advocate Greg Mangan at 313-283-6533.

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