The Union at A2 development in Ann Arbor is a significant step forward in addressing the city’s affordable housing shortage. The Michigan State Housing Development Authority (MSHDA) has approved loans totaling $62.4 million for the project, including a $46.7 million construction loan. The development, located at 2050 Commerce Drive, will provide 250 housing units for families with incomes ranging from 30% to 70% of the area median. The Annex Group, an Indianapolis-based developer, has collaborated with design firm BKV Group and local architect Brad Moore on the project. The development aligns with Ann Arbor’s goal to increase housing options for different income levels and was approved with incentives that exempt it from property taxes. Construction is expected to commence this summer, and the project is set to alleviate the housing need in the area. The Union at A2 development is a testament to the ongoing efforts to create inclusive and affordable communities in Ann Arbor.
Ann Arbor’s Union at A2 Affordable Housing Development Secures State Funding
