Annapolis Pointe is a $21 million affordable housing development that will eventually bring 72 new homes to Inkster, Michigan—marking the city’s first major residential investment in decades. Led by Gajewski Homes, the project addresses a longstanding need for affordable homeownership in a community that has faced decades of disinvestment.
The site has deep historical significance. Originally developed as public housing for Black Ford plant workers during World War II, the neighborhood was later abandoned, partially redeveloped in the early 2000s, then stalled during the 2008 housing crisis. Annapolis Pointe reclaims that vision, transforming a blighted community into an opportunity for long-term stability and generational wealth.
Cinnaire Lending, a mission-driven Community Development Financial Institution (CDFI) based in Michigan, is providing construction financing for the first 10 homes, which are made affordable through a $1 million grant from Michigan State Housing Development Authority’s (MSHDA) “MI Home” program. The homes—ranging from 1,300 to 1,600 square feet—will be factory-built in Michigan by Champion and Ritz-Craft Homes. They are priced between $240,000 and $350,000, targeting families earning between 60% and 120% of Area Median Income (AMI).
This development is more than housing—it includes homebuyer education, financial literacy training, and post-closing support to ensure sustainable ownership. Cinnaire supported the developer through its WeBuild technical assistance program, bridging the gap between community-based vision and institutional capital.
Annapolis Pointe provides a path to homeownership for working families and helps reverse the trend of displacement in Michigan’s low investment communities.
