Ypsi converts building into affordable housing for seniors

. September 30, 2019.
FYI-ypsi-affordable-housing

The Ypsilanti City Council approved the purchase of an apartment building at 206-210 N. Washington to be converted into affordable housing. The building’s interior suffered significant damage in a 2017 fire. The previous owner’s failure to make repairs, estimated at $1.5 million, and subsequent delinquency in taxes on the abandoned property lead to its foreclosure. Left with the options to tear the building down or to convert it into affordable housing, Ypsilanti City Council voted 7-0 to support the rebuild. Mayor Beth Bashert said affordable housing, especially for seniors, is desperately needed. The city is now seeking developers to transform the building into liveable space, with the initial purchase cost, of about $100,000 returned to the city’s Affordable Housing Fund.

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