Status of Planning and Development Department submitting reso. autho. Surplus Property Sale by Development Agreement - Brush Park South Development - RHEAL Capital Management, LLC. (The Developer will develop the 4.35 acres in a manner that will permit the development of approximately 280 residential units, of which 20% of the units will be dedicated to individuals that make 80% of the Area Median Income or less for a period of time to be defined in the Development Agreement.) (BROUGHT BACK AS DIRECTED ON 7-14-16)

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contract

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RHEAL Capital Management, LLC also holds

Submitting reso. autho. Surplus Property Sale by Development Agreement - Brush Park South Development - RHEAL Capital Management, LLC. (The Developer … Detroit, MI

Committee

Planning and Economic Development Standing Committee

Introduced

October 28, 2016

On agenda

September 8, 2016