Trinity Health Systems Plans Mixed-Use Development in Grand Rapids
Livonia-based Trinity Health System has its sights set on 10 parking lots in downtown Grand Rapids, but it’s not for a new hospital site. They are seeking $19 million in federal funding to convert the lots into a mixed-used development to ease the city’s affordable housing shortage. Trinity was one of 319 applicants to submit requests to Kent County for a share of the $127 million awarded to the county in American Rescue Plan Act (ARPA) funding. The Kent County Board of Commissioners will most likely finalize its remaining ARPA allocations at a November 14 meeting. Trinity Health is exploring additional funding sources for the project, including Brownfield Redevelopment Authority tax credits, Michigan Community Revitalization Program and Michigan Missing Middle Housing Program funds and a philanthropy and capital allocation from Trinity itself.