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Governor Gretchen Whitmer joined the Michigan Economic Development Corporation (MEDC) to announce economic assistance for projects approved by the Michigan Strategic Fund Board  that will create more than 250 new jobs and generate more than $238 million in investment in Michigan. The projects include a major expansion by a food manufacturer in Holland, assistance for community revitalization projects in Detroit, Honor and Kalamazoo.

Homestretch Nonprofit Housing Corporation plans to develop a vacant piece of property into new residential housing in the village of Honor. When completed, the Honor Village Apartments project will be the first new multifamily housing in downtown Honor. The project is intended to serve the local workforce population and all units will be targeted to residents with incomes below 80 percent of the Area Median Income (AMI).  

The project includes a number of sustainable elements and will bring needed housing as well as increased density and new life to a long-vacant property in downtown Honor. The project is expected to generate a total capital investment of $1.6 million, supported by a $459,434 MCRP performance-based grant.  

The village of Honor is supporting the project with the below-market sale of a lot to be used for onsite parking as well as a 15-year Payment In Lieu of Taxes exemption valued at $76,000. Honor is engaged with MEDC’s RRC program. This is the first community revitalization project MEDC has ever done in Honor. 

Local news:  Rep. O’Malley: Pivotal grant to provide affordable housing in Honor (recordpatriot.com)

 

A stone’s throw from the pristine Platte River, and gateway the Sleeping Bear Dunes National Lakeshore, the village of Honor was named Michigan’s top outdoor town by Sports Afield Magazine in 1999. Today, it is enjoying a revitalization that is happening throughout the Northern Michigan area.

In the past few years, new businesses have opened, some have relocated, old buildings have been removed, a new park with access to the Platte River is being created by the Honor Area Restoration Project or H.A.R.P., the National Coho Festival is being revived, new housing is in the works and more.

Honor is known as the “Coho Capitol,” where Coho Salmon were first introduced in 1966 into the river, and each year they return to spawn at the Platte River State Fish Hatchery, just outside the village limits. The National Coho Salmon Festival is held each August to celebrate the regions natural beauty and resources.