The new community will be built on the site of the vacant Thomas Jefferson School building and campus. It will include 20 apartments and eight townhome-style buildings with 40 homes.
Dennis Mouras, CEO of UnitedHealthcare Community Plan of Michigan, announced in a press release, that UnitedHealthcare is investing $14.6 million in the Oak Park development. This is part of $34.8 million that the company has invested in Michigan, through a partnership with Cinnaire and Minnesota Equity Fund to provide affordable housing, health care and support for those in need. Cinnaire is providing a $2.3 million permanent loan to the project. Other partners include the City of Oak Park, Community Housing Network and Huntington Bank. The Michigan State Housing Development Authority approved the use of Low Income Housing Tax Credits for the development.
For more information, visit UnitedHealthcare at uhc.com.
— Kathy Blake, The Oakland Press