Carriage Trails Senior Villas... has boosted the local economy by creating 36 new jobs and generating over $2.7 million...for the local economy.
Huber Heights, Ohio (PRWEB) October 09, 2012
Miller-Valentine Group partnered with St. Mary Development Corporation, Ohio Capital Corporation for Housing, Nationwide Investments, the Ohio Finance Agency, Key Bank, and DEC Land Co, LLC. Carriage Trails Senior Villas is a brand new community of villas with garages designed and built specifically for residents age 55 and older. Each of the 34 homes has the look and feel of a luxury apartment, made possible by federally funded, state managed tax credits. It is the first senior villas community of its kind in Miami County.
Carriage Trails Senior Villas demonstrates the value of the federal housing tax credit program on numerous levels. Primarily, it delivers high quality affordable housing for adults 55 and older who currently have limited or no affordable housing options. Furthermore, it has boosted the local economy by creating 36 new jobs and generating over $2.7 million in income and taxes for the local economy.
Dave Liette, President of Miller-Valentine Residential Development, said that the company is excited to bring its expertise in high quality, affordable housing to the Tipp City and Huber Heights area. Liette explained, “Carriage Trails allows Miller-Valentine Group to serve the growing aging population of northern Montgomery County and Southern Miami County by providing outstanding, brand new villas at a very affordable price. We are enthusiastic and privileged to have an opportunity to positively impact their lives.”
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.