Michigan State Housing Development Authority
“I look forward to hearing more about your project.”
Detroit-based hybrid owner-developer
Detroit roots.
Institutional discipline.
Housing that lasts.
Iron Oak is building a repeatable affordable and workforce housing platform, starting with a proposed family-oriented duplex portfolio in Dexter–Linwood.
3Proposed Phase One buildings
6Proposed family homes
2–3 BRIllustrative unit mix
2041Long-horizon platform plan
01
Our thesis
Neighborhood-scale development
Prove the block.
Build the platform.
Iron Oak exists to close the distance between neighborhood need and investable execution.
We combine local ownership, historically compatible design, family-oriented housing, disciplined phasing, and long-term stewardship. Growth is earned project by project—not announced ahead of performance.
02
Proposed first phase
Active predevelopment · Dexter–Linwood
Phase One is sized to be understood, financed, and delivered.
Iron Oak is developing a proposed first phase of three duplex buildings and six family-oriented rental homes on Calvert. The concept combines two new duplexes with the rehabilitation of one existing duplex.
ScopeThree proposed buildings
ProgramTwo new duplexes + one rehabilitation
HomesSix proposed family-oriented residences
StageActive predevelopment
Proposed scope is subject to final design, zoning, underwriting, environmental review, and program approvals. Exact property numbers are intentionally omitted from this public site.
Phase One conceptNew construction + rehabilitation
Future pipeline · illustrative
A corridor vision that separates the first phase from future possibilities.
After Phase One performs, Iron Oak can pursue additional Calvert and Collingwood clusters. The concept organizes homes, green space, alley access, and covered parking into a cohesive neighborhood pattern.
26Illustrative duplex buildings
52Potential homes across later phases
Future figures are planning concepts—not committed construction, controlled sites, or approved unit counts.
A clear view of the next steps.
Phase One remains in predevelopment. These milestones distinguish the documented concept from the work required before construction.
- Documented
Initial concept
The proposed six-home program and design direction are outlined in project materials.
- Pending verification
Site control and diligence
Confirm current control and title for every proposed parcel, then resolve site conditions, zoning and environmental requirements.
- Next milestone
Design, pricing and capital
Complete professional scope review, validate the budget and secure written financing and approval commitments.
- Future milestone
Construction and occupancy
Set the construction and leasing schedule after the required conditions are met. No opening date is announced.
04
Market context
The Detroit housing case
Growth is returning. The housing work is not finished.
Iron Oak's strategy sits where population momentum, historic housing stock, affordability pressure, and neighborhood-scale infill meet.
649,095Detroit residents2025 population estimateCity of Detroit / U.S. Census ↗+5,060Residents in one yearThird consecutive year of growthCity of Detroit, May 2026 ↗50.3%Owner-occupied rateDetroit, 2020–2024U.S. Census QuickFacts ↗8,000+Affordable homes in PILOT pipelineMore than $1.2B in planned investmentCity of Detroit, Oct. 2025 ↗
Public data shown for market context. Sources reflect the dates stated and do not represent Iron Oak performance projections.
Detroit's next chapter
A growing city needs homes that let people stay.
Detroit's momentum is real. Iron Oak's role is specific: turn controlled and attainable neighborhood sites into stable, family-oriented homes without losing the architecture or local identity that makes the block worth investing in.
Watch the City of Detroit film ↗Video: “Stay. Return. Move.” · City of Detroit · April 202605
Early engagement
Organizations opening the conversation
Relationships are becoming a real part of the project.
Iron Oak has begun assembling the public, technical, and financing relationships required to move from a neighborhood concept to a fundable first phase.
Michigan State Housing Development Authority
Welcomed a call to learn about the initiative and offer insight into ways MSHDA may assist.
Michigan Economic Development Corporation
Helped connect Iron Oak to housing technical-assistance resources.
Detroit City Council · Office of the Council President
Invited a policy-team briefing to learn more and discuss follow-up questions.
Great Lakes Housing Technical Assistance
Advanced a working conversation around Iron Oak’s draft pro forma and project readiness.
Detroit City Council · District 5
The district office has been engaged on site-safety coordination affecting the Phase One block.
These references describe correspondence, meeting interest, introductions, or technical-assistance conversations. They do not represent endorsements, funding commitments, project approvals, or permission to use an agency seal or logo.
06
15-year direction
From local proof to durable platform
The ambition is large.
The sequence is disciplined.
Iron Oak's 2041 direction is a management framework, not a promise of scale before the work is ready.
2026–2030
Detroit proof
Complete a disciplined first portfolio, establish operating performance, and build a trusted Detroit track record.
2031–2035
Regional replication
Expand across Michigan and selected Midwest markets through repeatable systems and aligned partnerships.
2036–2041
Institutional platform
Operate as a multi-market housing platform with institutional capital and neighborhood-scale discipline.
07
Partnership mandate
What moves Phase One
A precise ask is the beginning of a credible partnership.
Predevelopment capital
Flexible funding for diligence, design, approvals, legal work, and lender-ready documentation.
Structured financing
A coordinated construction-to-permanent stack with subsidy, subordinate capital, and responsible leverage.
Delivery capacity
Architecture, engineering, environmental, cost control, construction, and local workforce relationships.
Public + neighborhood alignment
Resident input, technical assistance, and agency coordination that move responsible housing forward.
Best-fit conversations
Mission-aligned lendersPublic agenciesCommunity partnersDesign + construction teams
Our perspective
Earn the right to grow.
“Iron Oak is not approaching Dexter–Linwood as a one-time project. We are here to prove that careful, locally rooted development can stabilize a block, expand family housing, and earn the right to grow.”
Workforce
Stable homes. Paths to work.
Iron Oak aims to connect neighborhood housing investment with opportunities for Detroit residents to build skills and access employment.
Training connections
Explore referrals to qualified providers for construction readiness, occupational training and supportive services.
Local hiring
Discuss attainable local recruitment and work-based learning opportunities with future contractors.
Housing and employment
Coordinate with community organizations around the relationship between stable housing, reliable transportation and sustained employment.
These are proposed opportunities. No training program, job placement, hiring quota or partnership is committed. Participation, roles and eligibility would be defined in written agreements.
Updated October 14, 2026
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