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The original item was published from 11/13/2025 9:27:40 AM to 11/14/2025 12:00:01 AM.

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Posted on: November 13, 2025

[ARCHIVED] Informational Sessions Set for Prospective Stanwood Crossings Homebuyers

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NEWS RELEASE

FOR IMMEDIATE RELEASE: November 11, 2025

 CONTACT: Mary Beth Block, Public Information Officer, (269) 329-4405 | blockm@portagemi.gov

 

Informational Sessions Set for Prospective Stanwood Crossings Homebuyers

            Informational sessions for those interested in purchasing a home in the City of Portage Stanwood Crossings development are set for Thursday, November 20 at 5:30 PM, and Friday, November 21 at 12 PM at Portage City Hall (7900 South Westnedge Avenue). Immediately following the one-hour sessions, prospective buyers are invited to walk through the first two homes located off Stanley just east of Portage Road.

            Members of the households interested in purchasing one of the first of 42 new workforce housing homes need to be in the middle-income range, which is 80%-120% of the Kalamazoo County Area Median Income*.  

            To make the homes affordable to households in this income range, the infrastructure has been constructed with the assistance of federal ARPA grant funds, and a grant secured by Senator Peters. In addition, Kalamazoo County allocated $3 million in Housing for All millage funds to reduce the home purchase price by 25% from the construction cost of each home. To ensure continued affordability for future purchasers of the homes, the land will be placed in the Portage Community Land Trust (CLT) and home purchasers would enter a low cost, long-term lease of the underlying property parcel.

            The informational sessions will be led by the city’s brokers for the project, Strong Properties, and include descriptions of the Stanwood Crossings community and home designs from AVB. Lenders who are familiar with mortgages involving CLTs will be present. KNHS Home Ownership Services, which will conduct homebuyer classes and review income eligibility requirements for the project, will also be present.

*Income limits in dollars from 80-120%:

        1-Person Household: $53,680-80,520

        2-Person Household: $61,360-92,040

        3-Person Household: $69,040-103,500

        4-Person Household: $76,640-114,960

        5-Person Household: $82,800-124,200

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