Local veterans and their families could have a new housing option in Ypsilanti Twp. Julie Fielek, owner of Oakridge Apartments on Holmes Rd., would like to turn her 64-unit rental property into a place where veterans with families can find affordable housing and specialized services.
"Julie has been doing work for veterans over the past few years," says Bob Beale, owner of
Premier Property Management, which manages the 20-year-old Oakridge Apartments. "There are some very specific needs veteran families need."
The project, which Beale estimates will cost between $6 and $7 million, aims to renovate the 64 units, as well as build a community center that can accommodate some of those special services, including having healthcare staff available to address posttraumatic stress disorder symptoms and provide daycare for veterans so they more easily find and maintain employment.
Oakridge Apartments are now fully leased. Beale says residents will be notified of the transition, and the management will work with other area rental properties to help relocate those who may need assistance.
Low-income housing tax credits will be sought to help finance the project, and Beale says additional applications will be made for Housing and Urban Development grants. An application for Washtenaw County HOME funds has been approved to assist as well, contingent upon securing the housing tax credits.
Should the financing move forward, Beale anticipates renovations being completed in 2015.
Source: Bob Beale, Premier Property Management
Writer: Natalie Burg
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