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La Joya
Gardens
is the
latest
project
supported
by the
Strategic
Neighborhood
Fund
(SNF), a
partnership
between
the City
of
Detroit,
Invest
Detroit,
neighborhood
residents,
and
corporate
donors.
SNF
funds
community-driven
projects,
each of
which
begins
by
soliciting
input
from
residents.
SNF,
with
assistance
from PNC
Bank,
funded
the
community
engagement
process
for the
project
and
provided
$1.6
million
in gap
funding,
which
supports
the deep
affordability
of the
units. |
|
La Joya
Gardens
brings
new
affordable
housing
and
retail
space to
Southwest
Detroit
By Elías
Camhaji
-
Local/State
Tell Us
Detroit
DETROIT
– The
City of
Detroit,
along
with
co-developers
Southwest
Detroit
Business
Association
(SDBA)
and
Cinnaire
Solutions,
celebrated
the
grand
opening
of La
Joya
Gardens,
a
transformative
mixed-use,
mixed-income
development
located
at 4000
W.
Vernor
Highway.
The
event
highlighted
a
collaborative
effort
to
provide
affordable
housing,
retail
opportunities,
and
community
space in
Southwest
Detroit.
Additional
key
partners,
including
Invest
Detroit,
the
Michigan
State
Housing
Development
Authority
(MSHDA),
and the
Detroit
Housing
Commission,
joined
the
celebration.
"What
had been
a vacant
lot
along
the main
commercial
corridor
in
Southwest
Detroit
is now a
beautiful
mixed-use
building
that
adds a
significant
number
of
affordable
housing
units
for this
area,"
said
Mayor
Mike
Duggan.
"This is
how we
are
making
sure
that as
our
neighborhoods
come
back,
longtime
residents
know
they can
afford
to stay
and
enjoy
this
revitalization."
Community-Driven
Development
La Joya
Gardens
represents
a nearly
$25
million
investment
and
features
53
residential
units—42
designated
as
affordable
for
individuals
earning
30% to
80% of
the area
median
income
(AMI)—and
11
market-rate
apartments.
Rents
for the
affordable
units
start at
approximately
$540 per
month
for a
one-bedroom.
The
development
also
includes
over
6,000
square
feet of
retail
space,
which
will
house
local
businesses
catering
to the
neighborhood’s
needs.
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“The
opening
of La
Joya
Gardens
is a
milestone
for
Southwest
Detroit,
showcasing
the
power of
collaboration
and the
resilience
of our
community,”
said
Laura
Chavez-Wazeerud-Din,
President
& CEO,
SDBA.
“This
development
goes
beyond
providing
affordable
housing
and
retail
spaces.
It
creates
opportunities
for
connection
and
growth
that
reflect
the
spirit
of
Southwest
Detroit.
We’re
proud to
see this
once-vacant
block
transformed
into a
vibrant
hub of
activity
and
opportunity,
and
we’re
excited
for the
lasting
impact
it will
have on
our
residents,
entrepreneurs,
and
local
businesses.”
Designed
by SITIO
Architecture
+
Urbanism,
La Joya
Gardens
revitalizes
an
entire
city
block
along W.
Vernor
Highway
that had
remained
vacant
for over
a
decade.
The
project
is part
of the
Strategic
Neighborhood
Fund
(SNF), a
public-private
partnership
designed
to
support
community-driven
projects.
The SNF,
with
assistance
from PNC
Bank,
funded
the
extensive
community
engagement
process
that
shaped
La Joya
Gardens.
Over 200
residents
contributed
to
decisions
about
the
project’s
name,
design,
and
amenities.
"La Joya
Gardens
is a
shining
example
of what
can be
achieved
when
public
and
private
organizations
come
together
with the
community
to
create
something
meaningful,”
said
Christopher
Laurent,
President
of
Cinnaire
Solutions,
co-developer
of La
Joya
Gardens.
“From
its name
to its
design,
this
project
reflects
the
voice of
the
people
of
Southwest
Detroit
and
their
vision
for a
thriving,
inclusive
neighborhood."
A Jewel
in
Southwest
Detroit
Named
"La
Joya,"
meaning
“jewel”
in
Spanish,
the
development
offers
47
one-bedroom
and 6
two-bedroom
apartments,
a
1,500-square-foot
flexible
community
space,
and a
landscaped
retail
plaza.
Four
street-facing
retail
spaces
and a
500-square-foot
café
provide
opportunities
for
small
businesses
and
enhance
the
area’s
vibrancy.
Cafe
Clark,
the
first
retailer
at La
Joya
Gardens,
is a
welcoming
coffee
shop led
by
longtime
Southwest
Detroit
residents
Meli and
Eduardo
Salas.
Drawing
on their
deep
roots in
the
neighborhood
and
their
Mexican
heritage,
the café
offers a
traditional
coffee
menu,
light
breakfast
items,
and a
lunch
selection
featuring
snacks,
salads,
sandwiches,
and
favorites
from
other
local
businesses.
Funding
and
Partners
Funding
for La
Joya
Gardens
included:
• $12.4
million
in
Low-Income
Housing
Tax
Credit
investments
from
Cinnaire
• $3.8
million
from
MSHDA
• $2.5
million
from the
City of
Detroit
• $1.6
million
from
Invest
Detroit
•
$500,000
Affordable
Housing
Program
(AHP)
Award
from the
Federal
Home
Loan
Bank of
Indianapolis
(FHLBI),
sponsored
by
Flagstar
Bank
•
$500,000
Urban
Development
Action
Grant
(UDAG)
from the
Detroit
Economic
Growth
Corporation
(DEGC)
• 15
Project
Based
Vouchers
(PBVs)
from the
Detroit
Housing
Commission
“Support
for La
Joya
Gardens
is a
perfect
example
of our
priorities
at
MSHDA,"
said Amy
Hovey,
MSHDA
Chief
Executive
Officer
and
Executive
Director.
"We are
proud to
finance
and
support
developments
in
Detroit
and
statewide
that
expand
access
to truly
affordable
housing
and
empower
individuals
and
families
to
thrive
in the
neighborhoods
they
choose."
La Joya
Gardens
is the
latest
project
supported
by the
Strategic
Neighborhood
Fund
(SNF), a
partnership
between
the City
of
Detroit,
Invest
Detroit,
neighborhood
residents,
and
corporate
donors.
SNF
funds
community-driven
projects,
each of
which
begins
by
soliciting
input
from
residents.
SNF,
with
assistance
from PNC
Bank,
funded
the
community
engagement
process
for the
project
and
provided
$1.6
million
in gap
funding,
which
supports
the deep
affordability
of the
units.
Investment
in SNF
neighborhoods
has been
substantial.
Since
its
inception
in 2016,
SNF has
invested
$262
million,
resulting
in 10
neighborhood
framework
plans,
78,000
square
feet of
commercial
space
constructed,
378
total
housing
units
and 86
home
rehabs
funded,
12 park
and
greenway
projects
completed
with 4
more in
progress,
and 12
streetscape
projects.
“Through
the
Strategic
Neighborhood
Fund and
support
from
partners
like PNC
Bank, we
were
able to
amplify
the
voices
of over
200
local
residents,
ensuring
that
their
insights
and
aspirations
shaped
every
aspect
of this
development,"
said
Maureen
Icke-Anway,
Senior
Vice
President,
Impact,
Invest
Detroit.
"Over
$30,000
in grant
funds
supported
these
robust
community
engagement
efforts,
including
door-to-door
surveys
and
hosting
resident
meetings
at local
community
spaces
such as
Armando’s
Mexican
Restaurant
and
First
Latin
American
Baptist
Church.”
Developers
Southwest
Detroit
and
Cinnaire
Solutions
partnered
with
O’Brien
Construction
as the
general
contractors,
511
Design,
and
w/Purpose
for
community
engagement
and
owner
representation.
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