Tubman Towers

October 28, 2015 - An investment of $11.6 million will help Lutheran Social Services of Central Ohio renovate 99 units of affordable senior housing in Springfield, Ohio. Tubman Towers, originally constructed in the 1970s, has been a fixture in the Springfield community and is an existing 99-unit 4-story senior housing development.

The renovation will eliminate 32 efficiency units and reconfigure all units as one-bedroom homes, with a portion of the units fully handicapped accessible. Tubman Towers will feature on-site management, a covered patio, a community room, library, activity room, fitness/wellness center, laundry facilities, computer room, raised gardens, walking paths, and building security with digital cameras.

Homes will include new appliances, garbage disposals, window blinds, central air conditioning, carpet, ceiling fans, and intercoms. Lutheran Social Services of Central Ohio will provide supportive services to the residents.

Tubman Towers was developed using a combination of Low Income Housing Tax Credits and a Bridge Loan administered through the Ohio Housing Finance Agency (OHFA), a construction loan through Huntington National Bank, City of Springfield HOME funds, and a Federal Home Loan Bank AHP grant. The Ohio Capital Finance Corporation provided a first mortgage and the equity investment was provided by Ohio Capital Corporation for Housing.

 

 

 


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