1 minute read

ON THE BOARDS

Keeler Flats

GRAND RAPIDS, MICHIGAN

Keeler Flats is a seven (7) story, 126-unit historic downtown building located in the heart of Grand Rapids with high energy efficiency performance and 23,800 square feet of new commercial space commercial space for community organizations. The project will utilize funding from multiple sources including City of Grand Rapids DDA, Federal Historic Tax Credits, Federal Home Loan Bank, PACE, Consumers Zero Net Pilot Grant, and Brownfield.

The Keeler Flats building will be an adaptive restoration project that will contain a mix of units to support many different types of families and individuals in the Grand Rapids workforce. The building will have twelve (12) studios, seventy-two (72) one-bedroom units and forty-two (42) two-bedroom units. The project will serve residents earning a maximum of 80% AMI. 40% of the units (51/126) will be reserved for residents earning 30% AMI or less. 60% of the units (75 of 120) will be reserved for residents earning 80% AMI.

This article is from: