Affordable Housing

Nearly 26% of the living floor area in our development is going to be affordable housing. This is to create an integrated development. We want to ensure that our building is not known as the "poor building", or to concentrate poverty. By including a sizable share of affordable units in a very fine-grained development, we are creating an example of what is possible when developers choose to cross-subsidize units and integrate the community further in a development. These affordable housing units will be spread out throughout the building and will be indistinguishable. We strongly believe that people who work in Ann Arbor should be able to live here, and with rising rents, the need for affordable housing is more important now than ever.

We reached our affordable rate rent by calculating the area median income for individuals, not for families, and assuming that they can spend up to 35% of their income on housing costs, all-inclusive of utilities. We also looked at the affordable housing rates in Ann Arbor and tried to base our rent for affordable housing on the basis of that.