5. Piquette FlatsDetroit, MichiganIn Detroit’s Milwaukee Junction neighborhood—birthplace of the U.S. automobile industry—the former Studebaker Detroit Service Building, originally built to support an adjacent automobile factory, has found new life as workforce housing. Designed by Albert Kahn and dating back to 1920, the 108,000-square-foot (10,000 sq m) industrial building now holds 71 studios, plus 87 one-bedroom apartments and 3 two-bedroom loft-style apartments. The local office of Kraemer Design Group modernized all building systems and preserved significant historical features, including Kahn’s distinctive concrete columns, which flare like martini glasses.The project’s financing structure combined federal and state historic preservation tax credits with significant public support, including a $3 million tax abatement and $2 million in brownfield tax increment financing from the municipality, plus a $7 million low-interest loan from the Michigan Economic Development Corporation. Michigan State University is an investment partner, as well. All units are earmarked for households earning less than 100 percent of area median income (AMI), with a significant number targeting less than 80 percent of AMI. The Platform, a local developer, completed the building in 2024., The Betances Residence provides 152 affordable apartments for low-income seniors, including many veterans, in New York City’s South Bronx. Developed by Breaking Ground, a nonprofit organization focused on supportive and affordable housing, the building is organized around a central garden courtyard visible from the street., A Primer on Affordable Housing Development and Key Funding Sources This document provides a high-level overview of affordable housing de-velopment in four phases, with potential funding resources for each phase . summarized and linked. Developing an affordable housing project is a complex and complicated.