Wooster, Ohio (PRWEB) June 14, 2014
We are honored to have several distinguished speakers at this event, including: Sarah Lowry, Ohio Regional Representative, US Senator Sherrod Brown’s Office; Doug Klingensmith, President, Ohio Capital Corporation for Housing; Doug Garver, Vice President, Ohio Housing Finance Agency; and Paul Ettore, Great Lakes & Northeast Regional Manager, Key Bank Community Development Lending.
Miller-Valentine Group worked with Ohio Housing Finance Agency, Ohio Capital Corporation for Housing, Key Bank Community Development Lending, and US Department of Housing and Urban Development to acquire and rehabilitate the 45 year old property back to like-new condition.
Palm House Apartments has undergone a full scale renovation, which included the addition of eight accessible apartment homes, supportive services, energy-efficient appliances, central heating and air conditioning, as well as a new community room, and laundry facility. This community is now better prepared to accommodate the lifestyles of our residents. These spacious apartment homes are offered at very affordable rates made possible through the Housing Tax Credit Program.
Palm House Apartments boosted the local economy with close to $5 million of local revenues including wages for workers and revenue for local proprietors, small businesses, and corporations. In addition, Palm House Apartments generated 93 new jobs during its renovation for local contractors and sub-contractors.
Dave Liette, Partner and President, Miller-Valentine Residential Development, said “preserving older apartment homes marketable to moderate income families is critical in all communities across the country. Palm House Apartments preserves one of the few local affordable housing options available in the City of Wooster. We are privileged to serve families in this area and prove to them that our passion is to positively impact their lives.”
For further information about the Palm House Apartments Grand Opening Event, please call (330) 262-5582, email us at palm.house(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 integrated 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 13,000 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, Ft. Worth, Texas and Miami, Florida. As an industry leader they offer a wide range of residential products, including multifamily, 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.