As a result of a partnership between
Hometown Housing Partnership (HHP), the
Ingham County Land Bank and the
City of East Lansing, a former 600 square foot rental property at 1237 Wolf Court in East Lansing was purchased and turned into a newly constructed 1700 square foot home for a future homeowner.
“There are several reasons to develop new construction units in the City,” says executive director of HHP, Michelle Reardon. “Increased numbers of high quality, affordable housing units within the City improve and stabilize neighborhood home values, [while] low maintenance and high efficiency units add to the affordability."
“It is important to maintain and improve the affordable housing stock in the City of East Lansing to allow a diverse resident base that will strengthen our community,” adds Reardon.
HHP hosted an open house of the property on April 21. The three bedroom property also features 5 Star Plus energy standards and eco-friendly building materials. 1237 Wolf Ct. is the first of three new homes to be built on Wolf Court.
“HHP recently purchased another parcel of land on Wolf Ct. and has begun the process to build two more units comparable to the existing product at 1237 Wolf Court. We hope to continue this model in the future as opportunity and needs arise,” says Reardon.
Source: Michelle Reardon, Hometown Housing Partnership
Suban Nur Cooley, interim development news editor, can be reached
here.
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