LEELANAU COUNTY — Leelanau Christian Neighbors (LCN) has purchased a house in Leelanau County to address the affordable housing crisis.
According to a Sept. 19 news release, the purchase was made possible through LCN’s Affordable Housing Fund and will be managed by HomeStretch Nonprofit Housing Corporation from Traverse City
“This purchase is a significant step in our efforts to serve Leelanau County residents and keep affordable housing in the county so young people can afford to live here,” Executive Director of LCN Mary Stanton said. “Our partnership with HomeStretch Nonprofit Housing Corporation is crucial in managing this property effectively, safeguarding it as an affordable option.”
The property, formerly owned by the Zip Flees Trust, will be managed by HomeStretch Nonprofit Housing Corporation from Traverse City. HomeStretch, known for its dedication to providing affordable housing solutions, will oversee the property’s management, ensuring it is rented at a modest cost to support the community’s needs.
HomeStretch Nonprofit Housing Corporation is dedicated to developing, providing and maintaining affordable housing for individuals and families in Northwest Michigan.
HomeStretch collaborates with local organizations and communities to create housing opportunities that are safe, sustainable, and within reach for those with low to moderate incomes. By managing properties like the one acquired by LCN, HomeStretch ensures that affordable housing remains a viable option for many.
“We are thrilled to partner with Leelanau Christian Neighbors on this important project,” said Jon Stimson, Executive Director of HomeStretch Nonprofit Housing Corporation. “Together, we can provide much-needed affordable housing in Leelanau County, ensuring that more families and young people have access to safe and affordable homes.”
Donations to LCN’s Affordable Housing Fund to continue this vital work can be made by mail to Leelanau Christian Neighbors at PO Box 196, Lake Leelanau, MI 49653, or online here.
For more information about Leelanau Christian Neighbors and HomeStretch Nonprofit Housing Corporation, or to learn how you can support their efforts, please visit LCN’s website and HomeStretch’s website.