Danbury Park Manor

Danbury Park Manor is a 150-unit family apartment complex located in Ypsilanti, Michigan. This townhouse community was acquired using 4% Low Income Housing Tax Credits and Tax Exempt Bonds issued by Michigan State Housing Development Authority. This property is a HUD 236 which Silver Street Development Corp. has successfully preserved for an additional 30 years. The property also underwent approximately $3,500,000 of rehabilitation, which has stabilized the property and improved livability for it’s multi-family population.

150 Units

Acquired: 2002

Investor: Paramount Companies