Ribbon Cutting Held for Rehabilitated Jacob's Crossing Apartments in Rio Grande, Ohio

(Jacob's Crossing rehabilitation consists of 42 units of family housing developed by The Woda Group, Inc. and Gallia-Meigs CAA.)

September 12, 2014 – An affordable housing complex originally constructed in 1974 received a major renovation recently and held a ribbon cutting celebration with development partners and residents. Jacob's Crossing is the $5 million rehabilitation of 42 one- and two-bedroom units housed in four two-story residential buildings. The rehabilitation also included preservation of 32 units of rental assistance provided by the USDA Rural Development.

Jacob's Crossing features a tot-lot, community laundry facilities, entry doors with deadbolts and peep holes, security lighting, and a community center with a kitchenette. Units include new Energy Star appliances, Pergo-type hardwood floors, window treatments, crown molding, ceiling fans, doorbells, garbage disposal, built-in microwave oven, and wiring for high-speed internet access. Gallia-Meigs CAA will provide service coordination to the residents.

Jacob's Crossing was developed using a combination of low-income housing tax credits and an HDAP loan administered through the Ohio Housing Finance Agency, a construction loan through Huntington National Bank, and funding from the USDA Rural Development. Equity investment was provided by Ohio Capital Corporation for Housing.

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