United States Department
of Agriculture • Rural Development
Contact: Alec Lloyd
USDA Commemorates Algonac Senior Housing Upgrade
EAST LANSING, Sept. 14, 2012 – U.S. Dept. of Agriculture Rural Development State Director for Michigan James J. Turner today commemorated improvements at Rolling Brook Apartments in Algonac with a ribbon cutting ceremony.
“This project is a great example of how USDA Rural Development is able to work with management companies and the Michigan State Housing Development Authority to provide safe, quality housing for rural residents,” Turner said.
Rolling Brook is an elderly community consisting of three single story buildings with 74 one-bedroom apartments, including on-site community and laundry facilities as well as a newly constructed picnic pavilion. Originally built in1983, Rolling Brook had not had received a significant update in the years since.
The site owner, P.K. Housing and Management Company, assumed three Rural Development Multi-Family Housing loans totaling $2,113,762.13 and invested more than $2,648,858 from MHSDA and $105,688 of their own funds into the construction, completely upgrading the buildings inside and out.
The improvements include: new kitchens and bathrooms, new carpet, lighting and paint. The building exteriors received new siding, roofing and windows. Landscaping was upgraded including expanded patios for each resident and a new irrigation system with its own well to maintain the grounds and to reduce operating costs.
USDA Rural Development State Director for Michigan James J. Turner was appointed by President Barack Obama in 2009. USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure programs through a national network of state and local offices. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America. Rural Development has an existing portfolio of more than $172 billion in loans and loan guarantees. Visit http://www.rurdev.usda.gov for additional information about the agency’s programs or to locate the USDA Rural Development office nearest you.
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