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Hovey Companies


woodbrook senior apartments
Three Rivers, Michigan

Developed, built and currently owned by The Hovey Companies, Woodbrook Senior Apartments is a 32-unit senior apartment community located at 700 Douglas Avenue in Three Rivers, Michigan. Financed by the Michigan State Housing Development Authority (MSHDA) and Rural Development, USDA (RD), this single story complex is designated for senior citizens on restricted incomes. The combination of MSHDA and RD financing allowed us to provide affordable housing in a predominantly rural community that has a relatively low area median income. This combination of federal and state government financing is limited, making it challenging to attain. In fact, Woodbrook was one of two developments awarded MSHDA/RD financing in the year 2000. Construction was completed in 2002 and having realized some cost savings, we were able to improve the development by adding shake siding and lawn irrigation.

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