Highland Park, Trivium Partners Host Groundbreaking for 10 New Homes
HIGHLAND PARK, Mich. – Mayor Hubert Yopp, City Council members, City of Highland Park Community and Economic Development Department, and Trivium Partners LLC hosted a groundbreaking for the first 10 of 32 planned new homes to be built using Neighborhood Stabilization Program II (NSPII) funding.
Twelve (12) Michigan cities formed a consortium and received funding under the American Recovery and Reinvestment Act. Highland Park received approximately $14.8 million for demolition, rehabilitation, blight elimination, and neighborhood rebuilding. Mayor Yopp states, "We started this project in 2009, we saw the vision to rebuild neighborhoods and spur economic development in Highland Park." He continues, "Joining the Michigan Consortium was the best decision we made."
The event was attended by over 100 community members, city officials, and perspective home buyers who were able to get a firsthand look at the new proposed 1,400 to 1,500 square foot newly constructed homes. "This is major for us because the funding will give us the opportunity to remove blight, rehab homes and add brand-new construction," said Mr. Sandy Michael McDonald, Director of the Community and Economic Development Department. "
Kurt Cieszkowski, one of the development team members in charge of the development's marketing, stated "This development represents a great coup for Highland Park, as we will build 18 new energy efficient homes with high-end amenities included, like granite countertops, garages and Energy Star rated appliances. In addition, we are able to employ dozens of Highland Park residents to help build these homes. This way the funds that are being used to build homes in Highland Park will also be used to employ Highland Park residents." He continues, "The employment component of the NSPII program is huge for Highland Park, as it ensures a large portion of the $3.6 million of development being conducted by Trivium Partners LLC, on behalf of Highland Park, stays in the City by way of future property, utility and income taxes, and wages paid to Highland Park residents." said Trivium Partner's member Paul Hubbard at the ground breaking.
Following the ceremony at the site, the event attendees were also able to get first hand information on the process to purchase the homes and receive mortgages specifically targeted for these homes from Linda Smith and Elizabeth Tintinalli, who are responsible for the credit counseling, mortgage processing and sales to potential homeowners. "Each home will have approximately $200,000 of improvements, but will have a for sale price of approximately $49,000. This will ensure that families and individuals interested in moving to, or staying in Highland Park will be able to do so at a reasonable price." said Elizabeth Tintinalli.
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