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Local developer, county plan financing stack for Delton housing effort

Barry County Board of Commissioners
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Summary

Commissioners heard an update on a housing project in Delton (land sold to a local builder) that would include roughly 30 homes and multifamily units; the board is exploring stacking land grants, TIFs and a potential MSHDA 'My Neighborhood' grant of about $1.5 million for infrastructure to make units affordable.

Commissioner Bassett told the Barry County Board of Commissioners on June 24 that land donated by the Sewer and Water Authority was sold to a local builder who plans a mixed housing project in Delton that could include about 30 single‑family homes and roughly eight multi‑family units for rental and purchase.

Bassett said the project team hopes to make housing affordable by combining several financing sources: the donated land, potential tax increment financing, and a community land trust model. The board is also pursuing a Michigan State Housing Development Authority (MSHDA) 'My Neighborhood' grant that Bassett said could provide about $1,500,000 for infrastructure such as roads and electrical work, which the developer will need to build the project.

Bassett described the initiative as a grassroots effort involving local partners and said the county and local organizations, including the Barry County Chamber of Commerce and the Barry Community Foundation, are coordinating to support affordability. He said the project may return to the board for approvals related to funding or development assistance.