MSHDA board materials approved financing for Monarch Apartments in Ecorse in March 2026. The project is planned for 64 affordable senior apartments with an estimated total development cost of about $22.5 million and a financing stack that includes tax-exempt bonds, private construction financing and a $5 million MEDC RAP grant.
Monarch Apartments
A planned 64-unit affordable senior housing development in Ecorse with an estimated development cost above $22.5 million.
STATUSApproved
SCALE / INVESTMENT~$22.5M · 64 senior units
TIMELINEMSHDA financing approved March 2026
PRIMARY SOURCEOpen source →
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Monarch Apartments is tracked as a Ecorse development project.
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