Basis Radar

Michigan

Kent County, MI

Affordable-housing capital events and public funding posture, from federal filings. 17 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 Kent County in the app → property-level detail, contacts, filters, charts

Gap funding

GranteeFY26 allocationsLive posture
State Of Michigan (state) CDBG $33.9M · HOME $15.6M CDBG undrawn $177M
Grand Rapids (city) CDBG $3.8M · HOME $1.2M HOME undrawn $2M CDBG undrawn $2.5M · CDBG timeliness 0.7×
Wyoming (city) CDBG $458,899 CDBG undrawn $616,207 · CDBG timeliness 1.3×
Kent County (county) CDBG $1.7M · HOME $872,453 HOME undrawn $3.7M CDBG undrawn $2.3M · CDBG timeliness 1.4×

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

ProjectAmountProgramGranteeCompleted
Union Suites At Michael #3929 3566 Michael Ave Sw, Wyoming, Mi 49509 $1.7M HOME Michigan 2026-03-27
Hom Flats At Maynard #3955 Grand Rapids 526 Maynard Ave Nw Grand Rapids, Mi 49504 $1.5M HOME Michigan 2026-02-26
Hope Community $500,000 HOME Grand Rapids 2025-12-04
Commonwealth Development Corp Of America - Lexington School Apartments $400,000 HOME Grand Rapids 2025-12-04
Iccf-Tapestry Square Senior Living $275,797 HOME Grand Rapids 2023-11-07
Eastern Elementary Apartments $698,330 CDBG Grand Rapids 2023-03-30
Iccf-415 Franklin $250,000 HOME Grand Rapids 2022-05-09
Eastern Elementary Apartments $1.9M HOME Michigan 2022-03-28
Pine Oak $698,157 HOME Michigan 2022-02-10
Marsh Ridge Ii $990,000 HOME Michigan 2021-10-05
Commonwealth Dev Corp-Edge Flats On Seward $300,000 HOME Grand Rapids 2021-08-03
Iccf-Stockbridge Apartments $300,000 HOME Grand Rapids 2021-06-11
Dwelling Place-Pine Ave Apts $300,000 HOME Grand Rapids 2021-04-15
Walnut Grove Apts $1.2M HOME Michigan 2019-04-08
Dwelling Place-Lch36 $300,000 HOME Grand Rapids 2018-09-04

Recently subsidized developers (statewide)

RecipientTotal (24 mo)Subawards
City Of Detroit $43.6M 2
National Faith Homebuyers $8.9M 2
Allegan County $3.4M 1
The City Of Big Rapids, Michigan City Hall $2.5M 1
City Of Albion City Hall $2.5M 2
City Of Hartford $2.5M 2
City Of Olivet $2.3M 2
City Of Allegan $2.1M 1
City Of Grayling $1.8M 1
City Of Evart $1.5M 1
City Of Houghton $1.5M 1
City Of Manton $1.5M 2
City Of Reed City $1.5M 2
Communities First Inc $1.4M 1
Cass Community Social Services, Inc. $1.4M 5

Pipeline snapshot

17 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.