Warren Plaza
Warren Plaza was built in 1981 and includes 198 one bedroom apartments for the elderly and disabled. All of the apartments are covered by Section 8 project-based subsidy. Conveniently located in the heart of a revitalization district, Warren Plaza is close to public transportation, shopping, health care and many cultural institutions.
Warren Plaza Apartments
430 East Warren Avenue
Detroit, Michigan 48201
Phone: (313) 833-3900
Fax: (313) 833-0130
Office Hours: M-F 9:00 am - 5:00 pm
Preservation Transaction Description
First Mortgage Financing: Bank of America Community Impact Loan
Equity Financing: Equity raised through 9% low income housing tax credits allocated by MSHDA
Ancillary Financing: City of Detroit PILOT
Section 8 Contract Renewal: Yes
Property Rehabilitation Scope
Over $4.4 million in total rehabilitation funding including:
- kitchen cabinets, counters, appliances & flooring
- bathroom vanities, lavatories & ceramic tile flooring
- new lighting throughout the complex
- HVAC system replacement
- windows
- air conditioner units
- exterior paint & roof
- newly redesigned lobby
Other Benefits for Residents and the Community
An on-site computer center, resident services program, and community room with entertainment and kitchen areas.
Development Partners
Allocating Agency
Michigan State Housing Development Authority
Local HUD Office
HUD Detroit
Municipality
City of Detroit
First Mortgage Lender
Bank of America
Tax Credit Investor
SunAmerica Affordable Housing Partners, Inc.
Legal Counsel
Honigman Miller Schwartz and Cohn LLP
Architect
Progressive Associates
General Contractor
O'Brien Waterford Construction
