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Press Releases | March 30, 2023
COLUMBUS, OH – Clover Glen, a new 92-unit affordable senior housing community by National Church Residences, has started construction thanks to funding from local partners and a Low-Income Housing Tax Credit (LIHTC) award from the Ohio Housing Finance Agency (OHFA).
Located at 5771 West Broad Street in Columbus, Ohio and opening in late summer 2024, Clover Glen will be an income restricted community for seniors age 55 and older. The mid-rise, four-story building will consist of 92 one-bedroom apartment homes. Amenities will include onsite laundry, a community room with a kitchen, screened in porch and a fitness center. With architecture design by Berardi Partners, construction is underway by Model Construction, Inc.
“We’re delighted to advance our mission with the development of new affordable housing for seniors in the Westland neighborhood thanks to the local funding partners who came together to make this new community possible,” said Amy Rosenthal, vice president of housing development at National Church Residences. “Adding to our over 40 existing senior communities in Central Ohio, Clover Glen will provide area seniors with high quality affordable housing so that they can remain in the community where they have lived, worked and raised families.”
Clover Glen received significant local support from the Affordable Housing Trust of Columbus and Franklin County, Franklin County and the City of Columbus. Franklin County Commissioners approved the use of Franklin County Magnet Funds, which are designated to create additional affordable housing communities. The City of Columbus provided funds through their affordable housing bond fund, approved by voters in May of 2019 – as well as offering a 15-year real estate tax abatement on the improvement of the land, under the city’s housing abatement policy to foster private development and encourage mixed income neighborhoods. Additionally, the Affordable Housing Trust of Columbus and Franklin County will provide a permanent mortgage loan.
Additional funding for Clover Glen was made possible thanks to the 4% LIHTC award from OHFA, tax credit equity from Ohio Capital Corporation for Housing and a KeyBank construction loan.
Originating from a Christian commitment of service, National Church Residences provides an array of health care services and a variety of housing options to 46,000 seniors. The nonprofit organization is driven by a vision to scale for mission impact by advancing better living for 100,000 seniors by 2030, wherever they call home. With more than 360 communities across the United States, it is the nation’s largest nonprofit provider of affordable senior housing and the largest manager of service coordinators. The organization also offers a variety of additional senior living options, home and community-based services, as well as permanent supportive housing for the formerly homeless and disabled. For more information, visit us at NationalChurchResidences.org and follow us on Facebook, Twitter and YouTube.
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