National Equity Fund

Hilltop View

Dexter, MI


Statistic
Jobs Created: 7
Jobs Year One: 29


Hilltop View Apartments (HTV) is a 24-unit affordable housing development in Dexter, Michigan, a rural community near Ann Arbor. Fifteen units are Permanent Supportive Housing (PSH) apartments with rental assistance, which means that tenants pay roughly 30 percent of their income towards rent. Of these 15, six are homes for veterans. The remaining units are workforce/moderate-income housing units with rents below Dexter fair market rates.

HTV was developed in collaboration with Faith in Action (FIA), a local faith-based non-profit. Avalon Housing developed and manages the property, and FIA provides support and community-building services available to all residents. More than half of HTV’s residents receive supportive services from FIA. To combat food insecurity in the community, HTV has provided space for a large permanent food pantry and community center to benefit residents and community members alike.

Hilltop View Apartments is a 2023 Charles L. Edson Award Winner in the Housing for Veterans category. NEF invested $7.6 million in LIHTC equity in this development. 



Project Details:

Completed:
2022
Population Served:
Family
Total Units:
24
Mix of Residences:
2 Bedroom (10),3 Bedroom (8),1 Bedroom (6)
Net Equity:
7.56M
Credit Type:
9%
Total Project Costs:
8.71M
Developer(s):
Avalon Housing, Inc. (MI)
Property Manager:
Avalon Housing, Inc. (MI)
Architect:
Cornerstone Design Inc Architects
General Contractor:
Phoenix Contractors, Inc. (MI)

View More Veterans Developments

Terwilliger Place (formerly Post West Nine)

Terwilliger Place (formerly Post West Nine)

Arlington, VA

Located only 1,500 feet from the Virginia Square-GMU Metrorail station, Lucille and Bruce Terwilliger Place is a 160-unit affordable rental community featuring a contemporary 6,000-square-foot ground floor space for American Legion Post 139. In response to an aging facility and diminishing membership, the members of the American Legion Post 139 selected developers Arlington Partnership for Affordable Housing (APAH) to redevelop their site in Virginia Square to create affordable apartments and a new, modern Post facility. The certified EarthCraft Gold building also includes community and multi-purpose spaces, a counseling office, and a business center. Terwilliger Place has a 50 percent veteran preference, and 26 units are deeply affordable to households earning 30 percent of the area median income (AMI).

As veterans continue to get priced out of Arlington, APAH saw a need to serve the individuals who had dedicated their lives to serving their nation. Now, in the heart of Arlington County, veterans can enjoy living in a community made for them. With nearby shops, access to transportation, community amenities, and supportive services, veterans can feel empowered to build and thrive in a new, safe, and stable home. This community serves as a replicable model for veterans services organizations in the middle of a town with a large veteran presence, which can influence potential developers and veterans services organizations alike.

Bruce and Lucille Terwilliger Place is the 2023 AHF Readers’ Choice Winner in the Urban category. This development won the 2023 CoStar Impact Award for Multifamily Development of the Year.

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