What is Innovative Housing Development?
Innovative Housing Development Corporation is dedicated to providing quality housing, respite, and community-based support services across Southeast Michigan and the Thumb Area. The company specializes in affordable housing and property management, catering to handicapped, elderly, and low-income individuals. They manage a diverse portfolio of rental units, including subsidized and tax credit properties, ensuring all applicants meet stringent income and background requirements. Their commitment extends to Community Living Support Workers who empower individuals with serious mental illness or developmental disabilities to achieve independent living and foster community engagement.
How much funding has Innovative Housing Development raised?
Innovative Housing Development has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Innovative Housing Development
PPP
Public-Private Partnership
What's next for Innovative Housing Development?
The recent large-scale, late-stage funding marks a pivotal moment for Innovative Housing Development. This capital infusion is expected to fuel further expansion of their housing initiatives and enhance their support service offerings. The strategic nature of this investment suggests a focus on scaling operations, potentially entering new geographic markets, or developing innovative programs to serve a growing demographic. This financial backing will likely enable the company to solidify its role as a key provider in the special needs and affordable housing landscape, driving sustainable growth and community impact.
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