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920 On the Park

920 John R. Road
Troy, MI 48083
  • 920 On the Park exterior sign
  • 920 On the Park exterior and plantings
  • 920 On the Park grounds
  • 920 On the Park common room
  • 920 On the Park common room
  • 920 On the Park community library
  • 920 On the Park activity room with pool table
  • 920 On the Park unit kitchen
  • 920 On the Park bedroom
Deal Type: 
Acquisition/Rehab
Year Built: 
1973
Acquisition Date: 
2003
Last Renovation: 
2004
Number of Units: 
297
Tenancy: 
Senior

POAH acquired 920 On the Park, a 297-unit subsidized senior housing community for persons 62 years and older and those with mobility impairments, in 2003.  It is located about 20 miles from downtown Detroit in Troy, an attractive suburban community known for its good schools, safe streets, many parks, and low property taxes.

POAH used a forward-looking Michigan State Housing Development Authority (MSHDA) program which targets funds to assist nonprofit owners in preserving properties such as 920 On the Park rather than allowing them to be sold on the open market.

Renovations were performed on kitchens, baths and common areas and more recently new energy efficient lighting was installed throughout the building along with water conservation measures including aerators, showerheads, and toilet flappers.

Videos

 

Project Partners

  • Michigan State Housing Development Authority (MSHDA)
  • US Department of Housing and Urban Development (HUD)
  • Alden Torch Financial, LLC
  • Dimitrios Economides Associates PC Architects
  • MKK Technologies Inc