Sturgis apartment complex awarded improvement funds

State Rep. Aaron Miller has announced that a Sturgis apartment complex will receive funding to rehabilitate units to provide affordable housing for low-income families and individuals.
Miller said the Michigan State Housing Development Authority recently awarded more than $14 million for 20 Low-Income Housing Tax Credit (LIHTC) projects in 14 counties. The Gateway Village project will receive a tax credit of almost $500,000 annually for 10 years.
The Sturgis project includes work on 80 one- and two-bedroom apartments and 20 two- and three-bedroom townhouses. MSHDA officials said the 40-year-old apartment complex requires many age-related improvements that will be funded by the tax credits.
The federal government provides the tax credits, which are then administered by MSHDA based on housing needs at the local level.

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