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OCCH, Investors, and Partners Celebrate 1,056 Additional Units of Affordable Housing Through Recent Ribbon Cuttings and Ground Breakings

August 3, 2018

(The Ohio Capital Corporation for Housing and its investment and development partners celebrated the addition of 1,056 new or renovated affordable housing units in various areas throughout Ohio and Kentucky in recent months. Through ribbon cutting ceremonies and ground breakings, partners inaugurated several new projects that will provide quality affordable housing and encourage revitalization in neighborhoods.)

Poindexter III, April 5, 2018, ground breaking, 92 units of affordable family housing and 67 market-rate units in Columbus, Franklin County.

Development Partners: Columbus Metropolitan Housing Authority; McCormack Baron Salazar, Inc.; Managed by McCormack Baron Ragan

Financing Partners: Choice Neighborhood Initiative Funds, Affordable Housing Trust, City of Columbus CDBG and HOME Funds, Red Mortgage Capital, LLC, Ohio Housing Finance Agency, Ohio Capital Corporation for Housing, Ohio Capital Finance Corporation

Poindexter IIB, April 5, 2018, grand opening, 53 units of affordable family housing and 34 market-rate units in Columbus, Franklin County.

Development Partners: Columbus Metropolitan Housing Authority; McCormack Baron Salazar, Inc.; Managed by McCormack Baron Ragan

Financing Partners: Choice Neighborhood Initiative Funds, Replacement Housing Factor Funds, City of Columbus HOME Funds, Red Mortgage Capital, LLC, Ohio Housing Finance Agency, Ohio Capital Corporation for Housing, Ohio Capital Finance Corporation

Vistula Heritage Village- July 16, 2018, grand opening, 250 units of affordable, rehabilitated family housing in Toledo, Lucas County.

Development Partners: Vistula Management Company; Managed by Vistula Management Company

Financing Partners: Forest City Capital Corporation, Ohio Housing Finance Agency, Ohio Capital Corporation for Housing, Ohio Capital Finance Corporation

Highland Village, July 19, grand opening, 118 units of affordable elderly family housing in Highland Heights, Campbell County, Kentucky

Development Partners: Housing Authority of Newport, KY; Managed by Housing Authority of Newport, KY.

Financing Partners: Stock Yards Bank, Federal Home Loan Bank of Cincinnati, Kentucky Housing Corporation, Ohio Capital Corporation for Housing, Ohio Capital Finance Corporation, Neighborhood Foundations, Department of Transportation Settlement Funds, Kentucky Department of Local Government CDBG Funds.

Hamilton Crossing Homes, July 27, grand opening, 64 units of affordable senior housing in Whitehall, Franklin County.

Development Partners: Homeport, Central Ohio Housing Development Organization; Managed by Wallick Properties Midwest, LLC

Financing Partners: Huntington Bank, Columbus-Franklin County Affordable Housing Trust, Ohio Housing Finance Agency, Ohio Capital Corporation for Housing

Marlowe Court May 11, grand opening, 53 units of affordable senior housing in Cincinnati, Hamilton County

Development Partners: Episcopal Retirement Homes Affordable Living, LLC, College Hill Community Urban Redevelopment Corporation; Managed by Episcopal Retirement Services

Financing Partners: Huntington National Bank, City of Cincinnati HOME Funds, Federal Home Loan Bank of Cincinnati, Ohio Housing Finance Agency, Ohio Capital Corporation for Housing

Conneaut Manor July 12, grand opening, 53 units of affordable, rehabilitated senior housing in Conneaut, Ashtabula County

Development Partners: Levin Group, Inc.; Managed by: Levin Group, Inc.

Financing Partners: United States Department of Housing and Urban Development, Forest City Capital Corporation, Ohio Housing Finance Agency, Ohio Capital Corporation for Housing, Ohio Capital Finance Corporation

Stoney Pointe Commons July 12, grand opening, 68 units of affordable, new construction Permanent Supportive Housing in Akron, Summit County

Development Partners: Tober Development Company, Stock Development Company, LLC; Managed by National Church Residences

Financial Partners: Huntington National Bank, City of Akron, The Ohio Department of Mental Health and Addiction Services, Federal Home Loan Bank of Cincinnati, Ohio Housing Trust Fund, Ohio Housing Finance Agency, Ohio Capital Corporation for Housing, Ohio Capital Finance Corporation

South Court Senior Villas August 3, grand opening, 48 units of affordable senior housing in Medina, Medina County

Development Partners: MV Residential Development, Medina Metropolitan Housing Authority; Managed by Medina Metropolitan Housing Authority

Financial Partners: River Hills Bank, Ohio Housing Finance Agency, Ohio Capital Corporation for Housing

Lawrence Manor Apartments- August 2, grand opening, 60 units of affordable rehabilitated senior housing in South Point, Lawrence County

Development Partners: Wallick-Hendy Development; Managed by Wallick Properties Midwest, LLC

Financial Partners: River Hills Bank, Ohio Housing Finance Agency, Lancaster Pollard, Rural Development

Tiffin Pointe, April 27, grand opening, 45 units of affordable family housing and 7 market rate units in Tiffin, Seneca County

Development Partners: NRP Holdings, LLC; Managed by NRP Management, LLC

Financial Partners: RiverHills Bank, Ohio Capital Finance Corporation, Ohio Capital Corporation for Housing, Ohio Housing Finance Agency

Cincinnati Scholar House, June 29, ground breaking, 44 units of affordable family housing in Cincinnati, Hamilton County

Development Partners: Model Property Development, Cincinnati Union Bethel; Managed by Brickstone Properties LLC (POAH)

Financial Partners: Chase Bank, Federal Home Loan Bank of Cincinnati, City of Cincinnati HOME Funds, Ohio Capital Finance Corporation, Ohio Capital Corporation for Housing , Ohio Housing Finance Agency