News from OCCH
Winter 2010
OCCH 20th Anniversary
         
 
OCCH Raises $173 Million in 2009
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Banner President's Comments
Tax Credit Equity
Market Update
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NASLEF Selects New
Managing Agent
Ohio Preservation Compact
Development Symposium
OHFA Updates
HUD Secretary Donovan Visits Cincinnati Project
“Best Practices” Series
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Ohio’s Affordable Housing Energy Conservation Initiative
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OCCH Training Academy Offers New Courses for 2010
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Banner Recognitions
OCCH Welcomes New
Board Member
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Beth Long Appointed to the Ohio CDC Board
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OCCH Staff Promotions
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OCCH Staff Hire
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Ohio Grand Openings
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Kentucky Grand Openings
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2009 Project Closings
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Properties In Construction
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Properties Leasing
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Banner Featured Projects
Seton Properties
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The Valhalla Portfolio
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Highland Place Apartments
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Banner CPO Update
CPO Completes Rehab
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JPMorgan Chase Foundation Helps
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Summer 2009 Newsletter
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Spring 2009 Newsletter
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Grand Openings Kentucky Grand Openings 2009 Projects Closings Properties in Construction More

 

OCCH congratulates the following partners who celebrated grand openings or ground breakings in the last half of 2009!

The Lakewoods II (Toledo, Lucas County)
June 2009

The Lakewoods III

Developer: American Communities Development, Inc.
Management Company: Independent Management Services
Property Summary:
• Forty-Two 2-bedroom units
• new construction
• senior development


The Lakewoods III

Highland Place Apartments (Conneaut, Ashtabula County)
July 19, 2009

 Highland Place Apartments

 Highland Place Apartments

Developer: Millennia Housing Management, Ltd ; Sunshine of Warren-
Trumbull Area, Inc
Management Company: Millennia Housing Management, Ltd
Property Summary:
• 120 unit 1-2-3-bedroom
• Rehab
• Family development

 Highland Place Apartments

Tremont Pointe/Valleyview (Cleveland, Cuyahoga  County)
July 23, 2009

Valleyview

Developer: McCormack Baron Salazar; Cuyahoga Metropolitan
Housing Authority
Management Company: McCormack Baron Salazar
Property summary:
• HOPE VI development
• New construction
• 89 units of family housing: two and three-story garden/townhomes

The Rising at Phoenix (Dayton, Montgomery County)
July 29, 2009

The Rising at Phoenix

Developer: Miller Valentine Group; City Wide Development Center
Management Company: MV Residential Property Management, Inc.
Property summary:
• 33 unit, single-family lease purchase development
• New construction

Village Green/Cornerstone Senior (Cleveland, Cuyahoga County) September 10, 2009

Village Green

Developer: NRP Group, LLC
Management Company: NRP Management, LLC
Property summary:
• 50 unit, 1-2-bedroom senior housing
• New construction
• Three-story elevator building

Delaware Senior Housing (Delaware, Delaware County)
September 10, 2009

Delaware Senior Housing

Developer: Buckeye Community Hope Foundation
Management Company: RLJ Management Company
Property summary:
• 80 unit senior housing
• New construction
• 21 ranch buildings with two to six units with garages;  community   building

Shawnee Place (Springfield, Clark County )
September 11, 2009

Shawnee Place

Developer: Model Property Development, Inc.
Management Company: Brickstone Properties, LLC
Property summary:
• Former premier downtown hotel
• Added to the National Register of Historic Places in 1985
• Renovated using federal and state historic tax credits

Cambridge Heights (Cambridge, Guernsey County)
September 13, 2009

Cambridge Heights

Developer: Episcopal Retirement Homes
Management Company: Episcopal Retirement Homes
Property summary:
• Four-story , 65 unit senior project
• Rehab
• Financing includes an FHA 221(d)(4) Insured mortgage from Lancaster • Pollard Mortgage Company; $350,000 in FAF Funds from OHFA,  Short   Term Multifamily Revenue Bonds and non-competitive housing credits.

Lincoln Park (Springfield, Clark County)
September 15, 2009

Lincoln Park

Developer: Pennrose Properties, LLC
Management Company: Pennrose Management Company
Property summary:
• 24 single family homes developed under the HUD HOPE VI
  program in conjuction with noncompetitive tax credits and multi-family   revenue bonds.
• New construction
• Third phase of a three-phase redevelopment of the former Lincoln Park   Homes Public Housing project.

North Central Village (Columbus, Franklin County)
September 18, 2009

North Central Village

Developer: NRP Group, LLC; MiraCit Development Corporation
Management Company: NRP Management, LLC
Property summary:
• 74 unit senior housing in the Greater Linden neighborhood
• New construction

Maplewood Village (Streetsboro, Portage County )
September 18, 2009

Maplewood Village

Developer: Neighborhood Development Services, Inc.
Management Company: Neighborhood Property Management LLC
Property summary:
• 50 one-bedroom units of senior housing
• Rehab
• The proposed scope of renovations will include significant   improvements to the existing common areas, building exteriors, and
  unit interiors including:  New lighting, sidewalks, siding, roofing and   landscaping, new kitchens and bathroom cabinetry and fixtures,
  new appliances.

Twin Towers (Dayton, Montgomery County)
September 30, 2009

Twin Towers

Developer: MV Communities, Ltd.
Management Company: St. Mary Development Corporation
Property summary:
• Ninety  0-,1-,and 2-bedroom one- units of senior housing
• Rehab
• Project amenities include an on-site beauty/barber salon, fitness center   with equipment, laundry facilities on each floor, and a very large dining   area with a service kitchen.

Waterford Place (Columbus, Franklin County)
October 23, 2009

Waterford Place

Developer: Buckeye Community Hope Foundation;
CrisilisDevelopment Company
Management Company: RLJ Management Company
Property summary:
• 60 unit senior project
• New construction
• 16 ranch style buildings; community building; grandchild play area;   community garden

YWCA of Toledo (Toledo, Lucas County)
November 12, 2009

YWCA Toledo

Developer: YWCA of Toledo
Management Company: Community Properties of Ohio
Management Services
Property summary:
• 65 units of permanent supportive housing
• New construction of a five-story building along with the adaptive resuse   of the existing YWCA
• The project will offer many amenities including a management office,   multiple community rooms, including one with a public kitchen, secured   entrances, social service space, an exercise room, a computer center   with high speed internet connections, and activity space.

Edison Place (Niles, Trumbull County)
December 10, 2009

Edison Place

Developer: Common Wealth Property Management, Inc.;
Testa Builders, Inc.
Management Company: Common Wealth Property Management, Inc.
Property summary:
• 50 unit family project
• New construction
• This community includes secured access, community gathering space,   health/wellness center, computer room and library, and a host of   services available through the service coordinator.

 
   
 
 
 
 
         
 
 
News from OCCH is published
quarterly by the Ohio Capital
Corporation for Housing (OCCH)
for its partners in the affordable
housing industry.
  For information, comments, article
submissions, suggestions, or to
receive this newsletter please
contact Mary Kay Meagher at:

(614) 224-8446 or
mmeagher@occh.org
  Ohio Capital Corporation for Housing
88 E. Broad Street
Suite 1800
Columbus, Ohio 43215

Phone: (614) 224-8446
Fax: (614) 224-8452
www.occh.org
  OCCH MISSION: To cause the
construction, rehabilitation and
preservation of affordable housing
in Ohio.