Michigan Business Network

Thursday, August 7th, MBN was on the road for a UM Health-Sparrow hosted event. They were celebrating the grand opening of nine fully renovated homes on Jerome and Ferguson streets in Lansing. Originally purchased by the former Sparrow Health System and situated near the hospital, these houses were donated in 2024 to the Ingham County Land Bank and Habitat for Humanity Capital Region. The project reflects UM Health-Sparrow’s ongoing commitment to affordable housing and neighborhood revitalization. Five of the homes, dating back to the early 1900s, were restored by the Ingham County Land Bank and are being sold through Rooted Real Estate for $180,000–$190,000. The remaining four are Habitat for Humanity projects, offered at prices that ensure mortgage payments remain at or below 30% of a buyer’s gross income. Renovations included full gutting and installation of new walls, floors, windows, and doors, creating safe and modern spaces for new families. The effort not only meets critical local housing needs bu