Community leaders, partners, and residents came together this week to celebrate the grand opening of Riverview 220 and Grand Vista Place, two significant housing developments that expand access to affordable homes in Lansing and contribute to the overall growth of the area. Together, the projects represent a nearly $42 million investment.
The event brought together the Lansing Housing Commission, Cinnaire CEO Mark McDaniel, Senator Sarah Anthony, Lansing Mayor Andy Schor, the Michigan State Housing Development Authority (MSHDA), and members of the community to recognize the progress and partnerships that made these developments possible.
Cinnaire served as a key investor in both projects through its Low-Income Housing Tax Credit (LIHTC) investments, helping to bring critical financial resources to developments that address a wide range of housing needs.
“We’ve had the privilege of partnering with the Lansing Housing Commission for many years, and they continue to set the standard as one of the top housing authorities in the country,” said Mark McDaniel. “What they have accomplished here in Lansing – bringing high-quality, affordable housing to life in a way that truly strengthens neighborhoods – is remarkable. We’re proud and grateful to be part of that work. Developments like Grand Vista Place and Riverview 220 don’t just create housing, they add to the fabric of our community, creating welcoming places that residents are proud to call home.”
Riverview 220 will introduce 63 new apartments designed to support a mixed-income community. The majority of the units are income-restricted and supported by housing vouchers, alongside a smaller number of market-rate apartments, helping create an inclusive and balanced residential environment. The development will also include ground-floor commercial space intended to provide services that benefit both residents and the surrounding neighborhood, contributing to the vibrancy and accessibility of downtown. The project carries a total development cost of $22 million, supported in part by $12.4 million in Housing Credit equity from Cinnaire.
Grand Vista Place is focused on providing deeply affordable housing for families with very low incomes. Every apartment in the development is supported by project-based vouchers, ensuring long-term affordability and housing stability. In addition to high-quality housing, the property will feature amenities that promote health, connection, and opportunity, including a fitness room and a community space equipped with computers to support digital access and engagement. The development represents a $19.7 million total investment, including $7.7 million in Housing Credit equity from Cinnaire.
This celebration marked the completion of Riverview 220 and Grand Vista Place and the strong partnerships that made them possible. Now home to residents, these developments bring new energy to downtown Lansing and expand access to high-quality, affordable housing in the state’s capitol city.