Ashville – Local, state and federal officials are scheduled to join staff, development partners, and residents of the “Miller Commons Senior Apartments” community to celebrate its grand opening on August,15, 2019 beginning at noon.
Miller Commons Senior Apartments consists of 40 2-bedroom apartments located at 110 Miller Avenue. They are currently accepting applications for a waitlist. The units are available to seniors who earn up to 60% of the area median income. The community offers ample green space, an enclosed dog park, a large community room, an exercise space, attached shelter house, and a community garden.
“We are extremely pleased to open Miller Commons Apartments for the senior citizens of Pickaway County. We appreciate all the support from the Central Ohio Area Agency on Aging and Charles K. Wise, Mayor of Ashville and the Ohio Housing Finance Agency in getting this development funded and constructed. We also want to recognize our equity investor, U.S. Bancorp Community Development Corporation (USBCDC) and U.S. Bank their investment in Sandstone Family Apartments.”
Rod Siddons, Chief Development Officer of Frontier Community Services
Partners in the project include: Ohio Housing Finance Agency, Frontier Community Services, U.S. Bancorp Community Development Corporation, LW Associates, and Lusk Architecture with support from the Central Ohio Area Agency on Aging and Charles K. Wise, Mayor of Ashville.
Miller Commons Senior Apartments were partially financed by equity raised from the sale of Low-Income Housing Tax Credits to USBCDC and HOME dollars from the State of Ohio, and a modest mortgage from U.S. Bank.
“Frontier is pleased to recognize U.S. Bank and the USBCDC as our partners in the financing of Miller Commons Senior Apartments. We have worked with them on several developments, and they have been great partners in our work in affordable housing development.” said Rod Siddons of Frontier Community Services.
Frontier Community Services began serving Ohio in 1978 as a provider of direct care services to individuals with developmental disabilities and soon expanding care services to senior citizens and veterans. In 1994 to expand on their service and inclusion mindset they entered the industry of developing affordable housing. Now with over 33 properties and growing, Frontier is in the forefront of helping to reduce the housing shortages facing low-income Ohioans. Frontier believes that all Ohioans deserve safe, healthy, and comfortable housing. Frontier is grateful to its partners and residents and is looking forward to serving the Athens County area for many years to come.
About U.S. Bancorp Community Development Corporation:
With $29 billion in managed assets as of Dec. 31, 2018, U.S. Bancorp Community Development Corporation, a subsidiary of U.S. Bank, provides innovative financing solutions for community development projects across the country using state and federally sponsored tax credit programs. USBCDC’s commitments provide capital investment to areas that need it the most and contribute to the creation of new jobs, the rehabilitation of historic buildings, the construction of needed affordable and market-rate homes, the development of renewable energy facilities, and the generation of commercial economic activity in underserved communities. Visit USBCDC on the web at www.usbank.com/cdc.