Entries by Sirena Frost

Kentucky Housing Corporation Awards Wallick $1.43 Million in Housing Credits

February 4, 2019 in , /by

Recently, the Kentucky Housing Corporation (KHC) awarded Wallick $1.43 million in 9% Low-Income Housing Tax Credits (LIHTC). Of those tax credits: $780,000 will be used to develop Cornerstone Crossing, a soon-to-be 50-unit, new affordable senior community in Elsmere, KY. $650,000 will fund the redevelopment of Liberty Manor, one of Wallick’s multifamily affordable communities in Liberty, […]

Wallick Exits Student Housing Segment

January 1, 2019 in /by

In April, Wallick closed on the sale of its only student housing community – Carriage Hill Apartments. Carriage Hill was built in the late 1960’s in Athens, Ohio and consisted of 367 units. It was built by the Company’s founder, Jack Wallick, shortly after he formed Wallick Construction Co.

Wallick One of the First For-Profits to Join Local Housing Alliance

January 1, 2019 in /by

Wallick was one of the first for-profit affordable housing organizations to become a member of the Affordable Housing Alliance of Central Ohio (AHACO). Wallick’s partnership with AHACO will support its efforts to connect with federal, state, and local officials to find innovative solutions to the shortage of affordable housing in central Ohio. Additionally, Wallick’s Advocacy […]

Wallick Associates Give Back

January 1, 2019 in /by

Although 2018 was one of the Company’s busiest years, Wallick’s associates found time to give back to their communities and help those in need. For a second year, almost 50 Wallick associates traded in their office routine for a day at one of Habitat for Humanity’s project sites, building houses for families working toward home […]

Wallick Strengthens Leadership Team to Meet Growing Demand

January 1, 2019 in /by

Within 2018, Wallick announced several leadership appointments: Stephanie Hess was promoted to Vice President, Senior Living Operations. John Leonard was promoted to Senior Vice President, Development and Construction. Sarah Malone, Senior Vice President, Asset Management joined Wallick in March. Paul Koehler was promoted to Chief Administrative Officer. The growth of Wallick’s executive team is a […]

Wallick’s Affordable Housing Communities Receive Makeovers

January 1, 2019 in /by

Wallick celebrated the grand reopening of five affordable housing communities: Cypress Commons- 44 units, Middletown, OH Locust Ridge- 72 units, Dry Ridge, KY Highpoint Senior Apartments- 44 units, Ludlow, KY Bedford Village- 40 units, Bedford, KY Lawrence Manor Apartments- 29 units, South Point, OH Under the LIHTC program, these communities received major improvements on both […]

Wallick’s New Senior Communities Put Residents’ Needs First

January 1, 2019 in /by

At the end of 2018, Wallick saw the completion of two senior living communities: The Grove at Oakleaf Village of Columbus – A $7.1 million state-of-the-art memory care community for seniors with age-related dementia. The Ashford at Sturbridge – A $20 million, affordable assisted living community that provides personalized health care at a price that […]

Wallick Expands Affordable Housing Portfolio

January 1, 2019 in /by

In 2018, the Ohio Housing Finance Agency (OHFA) awarded Wallick Communities funding under the Low-Income Housing Tax Credit Program for the development of Daines Village Apartments, a soon-to-be built affordable family community in London, Ohio, and the redevelopment of several other affordable communities. Additionally, Wallick acquired nearly 400 affordable apartments, expanding its presence in Kentucky, […]

Hurricane Maria Victims Find Refuge at Highland Village

December 18, 2018 in , /by

In 2017, disaster struck Puerto Rico when Category 5 Hurricane Maria ravaged through the Caribbean island, leaving nothing but destruction in its wake. Regarded as the worst natural disaster to affect Puerto Rico, Hurricane Maria robbed citizens of food, power, income, and worst of all, their homes. Earlier this year, Jennifer Dranschak of Kasai North […]

Wallick Unveils $7.1 Million Memory Care Community at Grand Opening Celebration

November 19, 2018 in , /by

After 18 months in development, The Grove at Oakleaf Village of Columbus officially opened November 15 with a ribbon-cutting ceremony attended by local officials, project partners and congressional representatives. The Grove Columbus –a $7.1 million project—is Wallick’s second memory care facility for seniors with age-related dementias. When fully occupied, it will employ up to 40 […]

Wallick Associates Build the Dream of Home Ownership with Habitat for Humanity

October 31, 2018 in , /by

Affordable, decent housing is one of the most basic human needs; however, so many families and seniors within our own neighborhoods and beyond are still without a place to call home. Like Wallick, Habitat for Humanity (Habitat), a global nonprofit housing organization, works to end poverty by providing safe, affordable housing. For two years now, […]

Wallick Welcomes Sen. Hornback, State Rep. Rand & Other Officials to KY Grand Reopening

October 29, 2018 in , /by

Senator Paul Hornback and State Representative Rick Rand were among several officials to attend the grand reopening celebration for three of Wallick’s affordable apartment communities in Kentucky. Locust Ridge (72 units), Highpoint Senior Apartments (44 units) and Bedford Village (40 units) recently underwent rehabs after Wallick was awarded over $1.1 million in tax credits from […]

Grand Reopening at Cypress Commons after $7 Million Rehab

October 19, 2018 in , /by

Wallick Communities has completed a $7 million renovation at Cypress Commons, a 44-unit affordable multifamily housing community in Middletown, OH. A grand reopening celebration was held at the community on October 17. Renovations at Cypress Commons began in 2017 after the Ohio Housing Finance Agency (OHFA) awarded Wallick close to $500,000 in 9% low-income housing […]

Wallick Promotes Paul Koehler to Chief Administrative Officer

October 19, 2018 in , /by

It’s Wallick’s pleasure to announce Paul Koehler has been promoted to Chief Administrative Officer. In this role, Paul will oversee budget, operations and strategic planning for Wallick’s IT, HR, Advertising & Marketing and Project Management departments. In 2014, Paul joined Wallick as Chief Information Officer to lead the Company’s IT team in addition to identifying […]

Here’s a Sneak Peek of The Ashford at Sturbridge

October 3, 2018 in , /by

It was going to take a lot more than chilly temps and drizzly rain to stop Wallick’s business partners from catching a first glimpse of The Ashford at Sturbridge, the Company’s latest affordable assisted living community. Over 50 guests eagerly arrived at Sturbridge last Thursday for the Community’s first event since Wallick broke ground last […]