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Grand Traverse County, MI
Affordable-housing capital events and public funding posture, from federal filings. 2 properties here have a capital event — a LIHTC year-15, an affordability expiration, a HAP contract expiration, or a published debt maturity — within 24 months.
Open Grand Traverse County in the app → property-level detail, contacts, filters, charts
Gap funding
| Grantee | FY26 allocations | Live posture |
|---|---|---|
| State Of Michigan (state) | CDBG $33.9M · HOME $15.6M | CDBG undrawn $177M |
Allocations are FY2026 HUD formula amounts (annual scale, not balances). "Undrawn" = obligated-not-yet-drawn on FY2020+ formula grants (USASpending, monthly), which may be committed to projects. Timeliness is a proxy for HUD's 24 CFR 570.902 standard (1.5× line); program income is not visible in public data.
Recently completed subsidized projects
| Project | Amount | Program | Grantee | Completed |
|---|---|---|---|---|
| Riverview Terrace #3963 150 Pine Street Traverse City, Mi 49684 | $513,621 | HOME | Michigan | 2025-03-03 |
| Village At Lafranier Woods 2242 Lafranier Road Traverse City, Mi 49686 | $2.1M | HOME | Michigan | 2025-02-13 |
| Aspen Hills | $1.3M | HOME | Michigan | 2020-02-03 |
| Bay Hill Ii | $2.5M | HOME | Michigan | 2016-08-26 |
| Keystone Village Apts | $1.5M | HOME | Michigan | 2012-05-22 |
| Bay Front Apts | $514,078 | HOME | Michigan | 2011-04-01 |
| Woodmere Ridge Apts | $568,250 | HOME | Michigan | 2006-08-25 |
| Homestretch 2893 & 2897 Aero Park Dr. | $393,104 | HOME | Michigan | 2002-10-02 |
| Traverse City 911 W. Eleventh St | $150,000 | HOME | Michigan | 2002-07-26 |
Pipeline snapshot
2 properties with a live capital event within 24 months. Property-level detail — names, owners, contacts, trigger dates, subsidy stacks — is in the interactive application.
Sources: HUD LIHTC database · HUD Multifamily Assistance & Section 8 · FHA/USDA loan files · FY26 CPD formula allocations · USASpending (DATA Act) · OCC Part 24 filings · FFIEC CRA · IDIS activity extracts. See the glossary for definitions and caveats.