As we kick off the new year, we’re thrilled to spotlight two significant year-end closings that bring 170 new affordable homes to seniors in Marion, OH, and Raleigh, NC. Both communities closed in mid-December following extensive collaboration across our teams and partners. Harding Heights Apartments – Marion, Ohio Wallick officially closed on Harding Heights, a […]
WKBN-TV recently featured Wallick’s VP of Development, Jimmy McCune, discussing plans for Homestead Crossing in Youngstown, OH, as the project advances. This 120-unit affordable housing community will serve families in the area and reflects our ongoing commitment to quality housing that provides long-term stability. Homestead Crossing was awarded Ohio Low-Income Housing Tax Credit resources through […]
We’re excited to announce that Wallick was recently awarded 9% Low-Income Housing Tax Credits through the Indiana Housing and Community Development Authority (IHCDA) for the rehabilitation of Burnett Manor in Rockville, IN. IHCDA recognized the potential of this project, awarding $1,112,000 in tax credits and $500,000 in soft funding. These crucial resources will help transform […]
Grand Opening Celebration Highlights On November 19, Wallick joined with community partners, elected officials and the broader community to celebrate the grand opening of Dr. Violet T. Lewis Village, a new $29.3 million affordable senior apartment community in Detroit, Michigan. Wallick is the co-developer and co-owner of the community in partnership with Presbyterian Villages of […]
In October, Wallick was awarded Ohio Low-Income Housing Tax Credit (OLIHTC) resources for Homestead Crossing, a 120-unit affordable housing community coming to Youngstown, OH. This is our second project funded through the Ohio Housing Finance Agency’s (OHFA) program, following last year’s award for Harding Heights. Homestead Crossing will offer family housing with a mix of […]
Wallick was honored to join Dayton Children’s Hospital and community leaders last week to celebrate the grand opening of Vermillion Place in Greater Old North Dayton. Dayton Children’s Hospital’s kinship housing project provides a pathway to stability and health for children raised by kinship caregivers—relatives or close family friends who step in to provide care when parents […]
On Thursday, October 16, Wallick celebrated the start of construction for The Ashford at The Enclave, a $30 million senior living community in Northwood, Ohio. This is Wallick’s first affordable assisted living community, combining housing and assisted living services to make high-quality care accessible for seniors of all incomes. The project is situated within a […]
Wallick is proud to announce the successful closing of The Ashford at the Enclave, the company’s first Affordable Assisted Living community. Affordable Assisted Living is an innovative new housing sector and product type for Wallick that unites our core strengths in Assisted Living and Affordable Housing, serving Medicaid-eligible residents. About The Community Located in the City of Northwood, Wood […]
We’re excited to announce that Wallick has officially closed on the tax credit financing for Walnut Ridge Apartments, a 78-unit acquisition-rehabilitation community in Indianapolis, Indiana. Walnut Ridge was awarded $1.3 million in competitive 9% LIHTC and $500,000 in soft funding from the Indiana Housing & Community Development Authority (IHCDA). This asset previously went through foreclosure […]
Wallick is honored to partner with Detroit Blight Busters on the transformation of nearly 19 acres of the former Rogell Golf Course into Rogell Park, a $88M community-centered affordable housing development. The project will bring 304 affordable housing units, including 198 townhomes and 106 senior apartments, serving families and seniors earning 30-80% of the area […]
Wallick has been awarded two highly competitive 9% Low-Income Housing Tax Credit (LIHTC) allocations from the North Carolina Housing Finance Agency (NCHFA) to support the development of Onyx Place in Wilmington, NC, and Archer Commons in Morganton, NC. Together, these communities will add 96 affordable apartments for seniors, advancing our mission to create high-quality housing […]
Across Ohio, state funding is helping developers turn big ideas into reality, including Wallick’s Central Park project in Heath. We’re proud to play a part in creating spaces that bring housing, jobs and amenities to areas where growth is happening. Columbus Business First recently highlighted how programs are fueling developments across the state. Wallick’s two […]
Lighthouse Ridge Apartments, Wallick’s latest planned affordable housing development in South Haven, Michigan, has been awarded $1.5 million in competitive 9% Low-Income Housing Tax Credits (LIHTC) from the Michigan State Housing Development Authority (MSHDA). We thank MSHDA for awarding these credits and for their ongoing commitment to expanding affordable housing in Michigan. In partnership with […]
We’re proud to announce that The Ashford of Berkshire, Wallick’s newest senior living community in Sunbury, Ohio, officially closed on June 6. Financed through a $28 million construction loan from First Financial Bank, the 114-unit senior living community includes 82 assisted living units and a 32-bed memory care wing. Wallick partnered with RDL Architects (architecture), […]
We’re proud to share that Wallick has been recognized by Affordable Housing Finance as one of the Top 10 Companies Completing Substantial Rehabs in 2024, with 730 affordable housing units revitalized last year. This achievement reflects our enduring commitment to preserving and enhancing affordable housing communities across the Midwest. Notable projects include the $7 million […]
Wallick was awarded $999,960 in 9% Low-Income Housing Tax Credits (LIHTC) and a $1.75 million Housing Development Loan (HDL) reservation from the Ohio Housing Finance Agency to support the development of Wade Park Station! About the Community Wade Park Station is a new senior housing development located on Wade Park Avenue in Cleveland, OH. This […]
New Albany, OH – Wallick is excited to welcome Dr. Abraham Mathew as the Senior Vice President of Senior Living Operations, after joining the team as Interim Senior Vice President in April. As Senior Vice President of Senior Living Operations, Abraham will lead the strategic and operational direction of Wallick’s Senior Living division to elevate […]
Two weeks ago, Mike Ekis, Wallick’s Senior Vice President of Construction, joined industry experts at the Ohio Housing Council’s Spring Symposium for a panel discussion on navigating construction challenges in housing. The event, held at the Ohio Statehouse, brought together leaders from across the state to address a wide range of housing-related topics. Much of the discussion centered […]
