The Portage City Council meeting on April 29, 2025, focused on a significant housing development project known as Stanwood Crossings, aimed at creating attainable housing in the city. The project, located between Stanley and Woodbine, is set to include 42 homes designed for individuals and families earning between 80% and 120% of the area median income in Kalamazoo County.
City officials expressed excitement over the progress made after four years of planning, highlighting that infrastructure work has already begun with land clearing. The development will utilize a community land trust model, allowing the land to be leased to homeowners while they own the homes themselves. This innovative approach combines elements of affordable housing requirements with private development, making it a unique solution to housing challenges.
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Subscribe for Free To fund the project, the city has secured $2.5 million in external resources for infrastructure and an additional $3 million to subsidize home costs. However, officials noted the need for a brownfield plan to address funding gaps, as the total infrastructure costs exceed the available resources. The brownfield financing mechanism will allow the city to use property tax revenues generated by the new development to support the project, effectively creating a self-funding model.
The council discussed the specifics of the homes to be built, which will include various models and styles to create an appealing neighborhood. The project aims to provide affordable housing options while ensuring quality living conditions for future residents.
In conclusion, the council's approval of the brownfield plan and budget amendment is a crucial step toward realizing the Stanwood Crossings project. City officials are optimistic about completing the development, which is expected to enhance the community and provide much-needed housing solutions.