Approval from the Michigan State Housing Housing Development Authority for Gesu Senior Housing, Detroit
Credit Awarded: $1,080,000 
Gesu Senior Housing is a senior housing development being developed by MHT Housing, Inc. along with Gesu Parish Detroit. The project is being financed by a 9% tax credit award, HOME funds from the City of Detroit and a conventional mortgage from Cinnaire. The total development cost is projected to be $13,788,502 and will include the renovation and repurposing of the historic Gesu Parish Center building. The development is expected to create 36 one- and two-bedroom affordable units for senior households earning between 30% and 80% of the AMI. Eight of these units will be assisted by Project-Based Vouchers through the Detroit Housing Commission. The development is expected to create two permanent and 75 temporary construction jobs.