FOR IMMEDIATE RELEASE
Thursday, September 18, 2025
Media Contact: Penny Martin
Phone: 614.728.2911
Email: pmartin@ohiohome.org
OHFA Board Approves Financing for Six Housing Developments
COLUMBUS, OH - Today, the Ohio Housing Finance Agency (OHFA) Board approved financing from various programs to support six housing developments to create or preserve affordable housing units throughout the state.
The developments that received Board approvals for funding are:
Central
Brookside Place: LEADS with Stock Development Consulting received approval for a $900,000 Multifamily Lending Program loan. The development team will rehabilitate 31 units for families in Pataskala (Licking County).
St. George on the Commons: Co-developers, Orca Housing, LLC and Community Preservation Partners, LLC, received approval authorizing the issuance of up to $14 million in Multifamily Housing Revenue Bonds. The development also received a 4% Low-Income Housing Tax Credit (LIHTC) award. The development team will rehabilitate 80 units for families in Columbus (Franklin County).
Northeast
HUB 27: Co-developers, Pivotal Development LLC and Metro West Community Development, received approval authorizing the issuance of up to $13.75 million in Multifamily Housing Revenue Bonds. The development also received a 4% LIHTC award. The development team will construct 53 units for families in Cleveland (Cuyahoga County).
Southwest
Centre City Senior Apartments: Model Property Development, LLC received approval for a $2.5 million Housing Development Loan and $3.5 million in Housing Development Assistance Program funding. The development also received a 4% LIHTC award. The project will redevelop the current Centre City building to provide 80 units for older Ohioans in Dayton (Montgomery County).
Hamilton Phase Three: Co-developers, TCG Development Advisors and Butler Metropolitan Housing Authority, received approval authorizing the issuance of up to $28 million in Multifamily Housing Revenue Bonds. The development also received a 4% LIHTC award. The development team will rehabilitate 160 units in 31 buildings for families in Hamilton (Butler County).
Middletown Phase Three: Co-developers, TCG Development Advisors and Butler Metropolitan Housing Authority, received approval authorizing the issuance of up to $31 million in Multifamily Housing Revenue Bonds. The development also received a 4% LIHTC award. The development team will rehabilitate 177 units in 99 buildings for families in Middletown (Butler County).
The Ohio Housing Finance Agency is an Equal Opportunity Housing entity. Loans are available on a fair and equal basis regardless of race, color, religion, sex, familial status, national origin, military status, disability or ancestry. Please visit www.ohiohome.org for more information.