Huntington-Financed Affordable Housing Projects Receive Grants from Federal Home Loan Bank
The units are part of 13 housing projects that recently received 2014
These
Since 2007,
The 2014 Huntington-financed, FHLBank grant-supported projects are:
Columbus – Community Shelter Board’sVan Buren Family Shelter , a$7 million expansion project that will create emergency shelter beds for 192 low-income families. The project received a$1 million FHLBank Affordable Housing Program grant,$200,000 of which was awarded throughHuntington .Columbus – Community Housing Network, Inc.’sHawthorn Grove apartments, a$7 million , 40-unit construction project that will house people with mental illnesses. The project received an$850,000 FHLBank Affordable Housing Program grant, half of which was awarded throughHuntington .Columbus –YWCA of Columbus’Griswold Building , a$15.4 million renovation of 91 units for people recovering from addiction and mental illness. The project received a$1 million FHLBank Affordable Housing Program grant, half of which was awarded throughHuntington .Detroit –Morningside Commons , a$732,000 construction project by Habitat for Humanity Detroit that will create five single-family homes. The project received a$50,000 FHLBank Affordable Housing Program grant.Cincinnati –Sands Senior Apartments , an$11.4 million construction project byTWG Development, LLC that will create 67 units for seniors. The project received a$640,000 FHLBank Affordable Housing Program grant.Youngstown, Ohio –Marian Commons , a$7.1 million , 40-unit project being developed by Compass Family & Community Services, Meridian Community Care andHelp Hotline Crisis Center that will provide permanent supportive housing for those with special needs coming out of homelessness. The project received a$700,000 FHLBank Affordable Housing Program grant,$420,000 of which was awarded throughHuntington .Traverse City, Michigan –Carson Square , a$6.1 million project by Goodwill Industries ofNorthern Michigan that will create 36 units for low-income individuals and families. The project received a$275,000 FHLBank Affordable Housing Program grant.Canton, Ohio –Harmont Park Homes , a$2 million project byICAN Inc. that will create four single-family homes and nine one-bedroom units in three buildings. The project received a$276,000 FHLBank Affordable Housing Program grant.Portsmouth, Ohio –Riverview Retirement Center , a$17.8 million National Church Residences project to rehabilitate the historical 106-unit facility for seniors. The project received a$475,466 FHLBank Affordable Housing Program grant, half of which was awarded throughHuntington .Springfield, Ohio – Lutheran Social Services of Central Ohio’sTubman Towers , a$10.6 million rehabilitation of a 99-unit, four-story complex for independent senior living. The project received a$911,000 FHLBank Affordable Housing Program grant,$273,305 of which was awarded throughHuntington .Yellow Springs, Ohio – Yellow Springs Home Inc.’s C-Street Phase 2, a$370,000 construction project to build two single-family homes. The project received a$50,000 FHLBank Affordable Housing Program grant.Piketon, Ohio – Pike Metropolitan Housing Authority’s Shyville Senior Living, a$6.6 million construction project that will create 42 units for seniors. The project received a$420,000 FHLBank Affordable Housing Program grant.West Liberty, Ohio –Green Hills Apartments , a$9.5 million project byWest Liberty Homes, Inc. that will rehabilitate 76 units for seniors. The project received a$759,924 FHLBank Affordable Housing Program grant,$227,977 of which was awarded throughHuntington .
About
About Federal Home Loan Bank of
The FHLBank is a
[email protected]
Source:
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News