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Overnight rains didn’t stop the festivities at the groundbreaking celebration for Juniper Crossing I and Juniper Crossing II held October 2 at the construction site at 60 Obetz Road on Columbus’ south side.?The event celebrated the start of the two phases to be built simultaneously to provide 44 units in Juniper Crossing I and 37 units for Juniper Crossing II, both targeted for senior residents.?The combined 81 units will be offered to residents at a mix of incomes between 30% and 70% of area median income. Juniper Crossing II is one of the first developments to be constructed in Ohio using the state’s new workforce housing tax credit program to support financing. Shawn Smith, Executive Director of the Ohio Housing Finance Agency (OHFA), told the audience that Juniper Crossing, “symbolizes a new era in affordable housing…leveraging of the new state tax credits to benefit individuals across state who are so desperate for stable affordable housing,” Thank you to our partners who participated in the event, including OHFA plus Elon Simms, Chief of Staff for Mayor Andrew Ginther, City of Columbus, plus representatives of the Affordable Housing Trust for Columbus and Franklin County, Cedar Rapids Bank & Trust, Columbus-Franklin County Finance Authority, and Jewish Family Services, who will provide referrals and coordinate supportive services at Juniper Crossing II.?We also extend our gratitude to Merchants Capital who invested in the tax credits for both phases of Juniper Crossing and their affiliate Merchants Bank of Indiana who is construction lender.?#housingforseniors #affordablehousing #dignityhousing #OhioLIHTC Read more https://lnkd.in/gGyTGZYQ

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Josh Reed

Executive Vice President, LIHTC Acquisitions at Merchants Capital

1 个月

We are very proud and honored to partner with Woda Cooper Companies, who continue to to develop first in class communities! Congrats on one of the first developments with OHFA and their new state credit program in their hometown of Columbus OH.

Jeremy C.

Commercial Real Estate Underwriter at Merchants Bank

1 个月

Great projects!

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