Press Conference for the Remodeling of the Holy Family Orphanage! – August 16, 2017

August 14, 2017

Gov. Snyder, state leaders for economic development and affordable housing to tour site of nearly completed $16 million restoration of blighted Upper Peninsula national landmark

Marquette officials eager to celebrate transformation of former Holy Family Orphanage as Grandview Marquette showcase

WHO:
Gov. Rick Snyder; Michigan State Housing Development Authority Executive Director Earl Poleski; Michigan Talent and Economic Development Executive Director Roger Curtis; Marquette Mayor Dave Campana; Community Action Alger Marquette Executive Director Amy Lerlie; Home Renewal Systems Senior Vice President Shannon Morgan, who leads the Farmington Hills-based firm that is developing the property; representatives of Evansville, Ind.-based Old National Bank and InSite Capital (subsidiary of Chemical Financial Corporation of Midland), who are the project’s major investors; as well as Wolverine Building Group, which is the project’s general contractor.

WHAT:
Gov. Snyder and state officials in charge of promoting economic development and affordable housing in Michigan will get a guided tour from Marquette civic leaders of the former Holy Family Orphanage, a vacant and blighted downtown presence since 1981 that will be transformed as the new $16 million Grandview Marquette affordable rental housing complex by late fall 2017.

The news media is invited to attend a 15-minute press conference with Gov. Snyder and local dignitaries that will follow the tour.

Home Renewal Systems (HRS), one of Michigan’s premier developers of historic properties, is leading the repurposing of Marquette’s historic orphanage in partnership with Community Action Alger Marquette.  The Holy Family Orphanage was constructed in 1915 and is listed on the National Register of Historic Places. The task of transitioning the building from a hazardous urban ruin to downtown Marquette’s newest gem is supported by Low-Income Housing Tax Credits and Federal Historic Tax Credits, both administered by the Michigan State Housing Development Authority. With a growing shortage of affordable rental housing in Marquette, the new Grandview Marquette will offer the rental units to households earning up to $36,000 depending on family size. Rents will range from approximately $301 to $879 per month, depending on household income and unit size.  Of the 56 units, 14 will be set aside as supportive housing units for persons and families in need of some level of support for successful occupancy.

WHEN:
9:30 a.m. Press Conference
Wednesday, Aug. 16, 2017

WHERE:
Grandview Marquette construction site
600 Altamont Street
Press event tent will be on the northeast corner of the property, located at Altamont and Fisher streets
Marquette, MI 49855

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