River Run –
Ann Arbor, MI
Number of Units
116
Type of Housing
Permanent Supportive Housing, Rehabilitation and New Construction
Development Cost
$13.9 million
Financing
Federal tax credit equity
Federal Home Loan Bank funds
CDBG funds
Local funding from City of Ann Arbor and Washtenaw County
Investor
JPMorgan Chase Bank, N.A.
Cinnaire Investment Corporation
Red Stone Equity Partners
Norstar Role
Turnkey Developer
Partner
Ann Arbor Housing Commission
Completion Year
2015
Norstar Building Corporation Role
General Contractor
