2011 LIHTC Development that Best Exemplifies Major Community Impact

Winner

Piquette Square

Honorable Mention

Appleton Mills

Developer: Southwest Housing Solutions
Owner: Piquette Square Limited Dividend Housing Association Limited Partnership
Location: Detroit, Mich.

Developer: Trinity Financial, Inc.
Owner: Trinity Financial, Inc.
Location: Lowell, Mass.

Piquette Square, a 150-unit, four-story brick building in downtown Detroit, Mich. is home to formerly homeless veterans. Developer Southwest Housing Solutions uncovered and cleaned up several environmental problems on the old Studebaker automotive plant site. Veterans living there have access to substance abuse counseling, mental health counseling, on-site job training, educational programs with computer labs and other services to help them develop independent and healthy living skills.

Development Team: Great Lakes Capital Fund, Southwest Housing Solutions, O’Brien/Waterford Construction, Southwest Design Solutions, Dykema Gossett PLLC and Plante & Moran.

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Novogradac 2021 Spring Renewable Energy and Environmental Tax Credits Virtual Conference
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Novogradac 2021 Spring Renewable Energy and Environmental Tax Credits Virtual Conference
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The 130-unit first phase Appleton Mills sparked more than $8 million dollars of federal and state investment in surrounding public infrastructure and has integrated the project with related planning and development initiatives and projects. Other tangible community benefits include upgrading surrounding streets and improving pedestrian connections to the nearby transit terminal, developing the surrounding canal walks and public parks, and cleaning up neighboring brownfields sites.

Development Team: Trinity Financial, MetLife, RedStone Equity Partners, Lowell Development and Financial Corporation, City of Lowell, MassHousing, MDHCD, ICON architecture Inc., CWC builders, Epsilon Associates, McPhail Associates Inc., Fort Point Associates Inc., Meridian Associates, Woodland Design Group, Reznick Group, Holland & Knight and WilmerHale.

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