ANN ARBOR, MI — Ann Arbor is planning to issue $35 million in bonds to help finance a 20-story affordable housing high-rise development downtown. The former YMCA property next to the Blake Transit Center in downtown Ann Arbor on July 16, 2023. (Ryan Stanton | MLive.com) Ryan Stanton | The Ann Arbor NewsThe Ann Arbor Housing Commission, in partnership with co-developer Related Midwest, plans to break ground on the project this spring. 50-plus Ann Arbor developments to watch in 2026 as city embraces more housingWant more Ann Arbor-area news? Bookmark the local Ann Arbor news page.