In a significant move to enhance affordable housing in Ann Arbor, the City Council has approved a resolution to allocate $845,000 in HOME funds to Avalon Housing for the acquisition and rehabilitation of the Pear Street Apartments. This funding will support the development of a 20-unit affordable apartment complex located at 1440 Pear Street, which is set to provide essential housing for very low-income residents, including six units specifically designated for individuals who have been chronically homeless and may have disabilities.

Avalon Housing, the organization behind the project, is known for its commitment to providing supportive housing solutions. The new complex will add to their existing portfolio of 210 affordable housing units in the city. The project will follow Avalon’s model of enhanced property management, which offers support services to residents who have faced challenges in maintaining stable housing in the past.

The total budget for the Pear Street development is approximately $2.7 million, with nearly $1.9 million already secured from various state and private resources. Council Member Breuer, who moved the resolution, emphasized the importance of this initiative in addressing the community's housing needs. Council Member Regula also expressed his congratulations to Avalon Housing for their ongoing efforts to improve housing accessibility in Ann Arbor.

This decision reflects the city’s commitment to tackling housing affordability and supporting vulnerable populations, ensuring that more residents have access to safe and stable living conditions. As the project progresses, it is expected to play a crucial role in the city’s broader strategy to enhance community well-being and inclusivity.