Results for: Workforce Housing

Stoneweg US, a leading force in sustainable workforce housing, has been named a top influencer in the multifamily real estate sector by GlobeSt. Real Estate Forum for the second consecutive year. The firm’s dedication to integrating sustainability into every aspect of its operations, from energy efficiency to community engagement, has earned it this prestigious recognition. Stoneweg US continues to lead the industry in driving innovation and shaping a more sustainable future for multifamily housing.

A significant affordable housing project in Ann Arbor, the Union at A2, is set to commence construction with a substantial funding boost from the state of Michigan. 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, situated 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, the Indianapolis-based developer, has partnered with 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.