The Residenz at Sylvania... has already boosted the local economy by creating 60 new jobs and generating over $4.5 million for the local economy.
Toledo, OH (PRWEB) October 18, 2012
Miller-Valentine Group partnered with Preferred Properties, Inc., Ohio Capital Corporation for Housing, Kay Bank, Ohio Housing Finance Agency, and Sylvania Township. The Residenz at Sylvania is a brand new community of garden-style apartment homes designed and built specifically for residents over the age of 55. This 51-home rental community is the first property in Sylvania built specifically for residents 55 and over to utilize Low Income Housing Tax Credits (LIHTC).
The Residenz at Sylvania has the look and feel of a brand new luxury apartment community, but was completed using the federally funded, state managed housing tax credit program. This project will deliver high quality affordable housing for adults 55 and older who currently have limited or no affordable housing options. Furthermore, it has already boosted the local economy by creating 60 new jobs and generating over $4.5 million for the local economy.
Dave Liette, President of Miller-Valentine Residential Development, said that the company is excited to bring its dedicated expertise in high quality, affordable housing to the area. Liette explained, “The Residenz at Sylvania allows Miller-Valentine Group to provide outstanding, brand new homes to seniors. We are enthusiastic and privileged to serve them and have a positive impact on their lives.”
For more information about the grand opening or the Residenz at Sylvania, please call 1-800-329-RENT (7368), email us at yournextplacetolive(at)mvg(dot)com, or visit YourNextPlacetoLive.com.
About Miller-Valentine Group
Since our founding in 1963, Miller-Valentine Group has been dedicated to quality, value and service. Our vertically intergraded companies offer total real estate solutions in the areas of Design/Build Construction, Development, Management, and Financing for both residential and commercial markets. They also provide Renovation, Brokerage, and Leasing services for commercial markets. All of Miller-Valentine Group's divisions have combined to provide customers with more than 11,000 residential housing units and over 50 million square feet of commercial space.
Miller-Valentine Group develops real estate in the Midwest, Southeast, and Southwest regions of the country, with offices in Dayton and Cincinnati, Ohio, Columbia and Charleston, South Carolina, and Ft. Worth, Texas. As an industry leader they offer a wide range of residential products, including multi-family, single family, military housing, active adult, independent and assisted living, as well as skilled nursing communities. The company also offers a vast array of commercial products, including office, retail, lodging, healthcare, manufacturing and distribution facilities.