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Commongrounds Apts. Update

Commongrounds Apts. Update

City Commissioners to Consider Eighth Street PILOT, Budget Approval, Paramedic Program | The Ticker

A couple questions:

  • Didn't the State of Michigan pitch in a few million to help finish building this property?
  • What was the purchase price of the apartments bought by the in-house nonprofit?
  • Who else and how many run the newly formed apt. nonprofit?
  • Who determines what is/what isn't an affordable rate?
  • I also thought this was a community cooperative project? Does that coop money get returned now?
u/Previous-Shirt-9256 — 5 days ago