Wallick Communities Hires Derrick Young as Senior Vice President of Affordable Housing Operations

New Albany, OH – Wallick Communities is pleased to welcome Derrick Young as the Senior Vice President of Affordable Housing Operations, effective February 21. 

Hailing from Oakland, California, Derrick brings a wealth of leadership experience in the affordable housing and senior living industries, with numerous areas of expertise, including mission-driven mentorship and people leadership, operations management and strategic planning. 

In his new role, Derrick will lead our affordable housing operations team’s efforts to support residents and associates while maintaining compliance, occupancy standards and optimal operating performance for our portfolio of 200+ communities. 

Previously, Derrick served as Vice President of Property Management at MidPen Housing, one of the nation’s leading non-profit affordable development and management companies, where he was responsible for guiding daily operations of the company’s largest division and oversaw an affordable housing portfolio spanning 9,600 apartment homes across 125 communities.  

His career highlights also include various leadership roles overseeing a mixed portfolio of senior housing communities for Christian Church Homes and serving as Executive Director with Elder Care Alliance.  

Derrick’s leadership philosophy centers on people-first principles, emphasizing trust, authenticity, and congruency. As highlighted in his own words: “There’s nothing better than being around a group of people who take pride and share in their joy in being committed to the honorable profession of affordable housing.” 

Derrick’s unique background in both affordable housing and senior living informs his approach to managing people, communities and the resident experience. For him, both industries converge on the principles of care and compassion. He sees himself amplifying the company’s culture by “uplifting Wallick’s values and supporting people every minute of every day.” 

Derrick holds a bachelor’s degree from the University of San Francisco and a Certified Property Manager (CPM) accreditation from the Institute of Real Estate Management (IREM), the premier property management designation worldwide. 

“I’m thrilled to have Derrick join our senior leadership team and our organization. Derrick’s approach to his work, his team and our residents aligns well with Wallick’s core values. I’m excited for the new ideas and energy Derrick will bring to the team,” says Amy Albery, Wallick Communities Chief Executive Officer. 

Wallick Communities (wallick.com) serves the affordable housing and senior living markets and operates with more than 1,100 associates across five business divisions: Development, Construction, Asset Management, Affordable Housing Operations, and Senior Living Operations. For over 58 years, the business has adhered to its founder Jack Wallick’s ideals of integrity and consistent quality. Led by CEO Amy Albery and guided by its Board of Directors, Wallick is an employee-owned company. 

Wallick’s Harvey Square Development Project Awarded $1.48 Million in Tax Credits

Wallick is thrilled to announce that Harvey Square, a new senior affordable housing project based in Hopkinsville, KY, has been awarded $1,482,000 in 9% housing tax credits from the Kentucky Housing Corporation. 

Developed by Wallick, Harvey Square will serve residents ages 55 and over with incomes at or below 60% of the Area Median Income (AMI).  

Covering just over 79,000 square feet and spanning three stories, the development consists of 76 1 and 2-bedroom units. Common areas, including a lobby with age-friendly seating, a community room with a kitchenette, and a fitness center, are designed to support resident engagement and wellness.

This project owes its success to the efforts of our Development Team. A special thank you to our Development Leads, Sara Ford and Brennon Davis, for their pivotal roles in overseeing the project application.  

We look forward to Harvey Square’s anticipated closing of Fall 2024, followed by the construction of this much-needed community for seniors in the region! See the front architectural elevation below for a glimpse into our project design. 

Wallick’s Central Park Development Project Awarded $4.1 Million in Tax Credits

We are excited to share that Wallick’s Central Park project, a mixed-use development in Heath, OH, was one of 15 developments awarded $4.1 million from a highly competitive pool of state tax credits from Ohio’s Transformational Mixed-Use Development (TMUD) Program.

Situated on 48 acres of agricultural land near Heath’s Indian Mound Mall, the first phase of this project aims to redevelop and invigorate the community with four mixed-use buildings, one clubhouse and eight multifamily buildings totaling 424 residential units.

Central Park will also feature 42,000 square feet of commercial retail space expected to be occupied by shops, offices, restaurants and breweries. With amenities like recreational trail access and a community pool, the project is designed to enhance the overall pedestrian experience.

Phase II of the Central Park development entails the construction of over 580,000 square feet among 24 buildings, including two restaurant spaces, 21 multifamily buildings and one senior living building.

We would like to extend our gratitude to the Ohio Department of Development, the City of Heath and Lead Developers, Michael DiCarlantonio and John Marra for making this vision a reality.

Read more about the TMUD projects that received approval across the state of Ohio HERE.

Congressman Brad Wenstrup Visits Fenner Ridge Apartments

On Tuesday, Wallick was honored and grateful to welcome Congressman Brad Wenstrup to our newly opened Fenner Ridge Apartments community in his district of OH-02. Fenner Ridge is largely funded through low-income housing tax credits and serves as a beacon of hope for families across Southwest Ohio.

Congressman Wenstrup is a lead sponsor of the Affordable Housing Credit Improvement Act and a true champion of the Housing Credit.

According to The ACTION Campaign, since its creation in 1986, the Housing Credit has generated $1.42 billion in wages and business income and preserved 7,573 homes in Congressman Wenstrup’s district alone. Nationwide, the Housing Credit has financed over 3.8 million homes for low-income families and individuals.

Pictured above are the Ohio Housing Finance Agency Director of Legislative Affairs, Guy Ford, the Wallick Fenner Ridge Team, and Congressman Wenstrup. Captured below is a special moment with Congressman Wenstrup and Fenner Ridge resident Anita Boivin.

The Villages at Roll Hill Celebrates Greater Cincinnati Boys & Girls Club Groundbreaking

Wallick was excited to take part in the groundbreaking for The Villages at Roll Hill’s new Farmer Family Boys and Girls Club on Wednesday.

This monumental project – seven years in the making – is set to bring about transformational change in the entire Roll Hill community.

As our largest community, Roll Hill spans 80 acres and serves 704 families. Situated in an area often isolated from many surrounding resources in Greater Cincinnati, the new Boys and Girls Club is poised to be a game-changer for our youth and families at Roll Hill.

The $7 million two-story building will cater to K-12, allowing Boys & Girls Clubs of Greater Cincinnati to significantly broaden their services to children and teens in the area. The location where the Boys & Girls Club currently meets is limited because they operate inside a shared space at the local elementary school. This new location will allow for extended weekend hours and enhanced afterschool and summer programming.

Thank you to the Farmer Family Foundation and the City of Cincinnati for their contributions to the project!

And special thanks to Wallick team members Lisa Hyde-Miller, Dave Hendy and Brian Hendy for their tireless efforts.

Read more here.

Wallick’s Diversity, Equity, Inclusion + Belonging Committee Hosts November Social

Last week, Wallick’s Diversity, Equity, Inclusion + Belonging Committee hosted a social event at our corporate office. This was the first of a series aimed at fostering community, bonding with fellow associates and promoting DEI+B.

Associates from all communities were invited to enjoy learning about DEI+B, affinity groups and upcoming initiatives.

We look forward to further camaraderie and good times in 2024 as we expand these events to more of our communities. Thanks to all who made it a success!

See some photos below:

Wallick Senior Living Residents at The Crescent Share Testimonials

“I thought ‘aha’ – here’s friendship, right here waiting for me!” – Marilyn, current resident at The Crescent

Marilyn’s sentiment reflects the warm and welcoming atmosphere at The Crescent, where our residents aren’t just neighbors in a retirement community – they’re family. Every day brings new opportunities to embrace life to the fullest.

Senior living at The Crescent means:

  • Weekly live music performances, local restaurant outings, health seminars, and community socials.
  • A beautiful campus, high-end amenities, and a maintenance-free lifestyle.
  • Delicious daily meal options.
  • Meaningful connections, a genuine sense of ‘home,’ and the freedom to live life on your own terms.

If you’re on the fence about senior living in general, it can be helpful to catch a glimpse of life in the day-to-day.

retirement community should help you live an enhanced life, retaining your independence but leaving behind potential stresses, loneliness and round-the-house burdens induced by homeownership.

Many of our own residents have found that life is not only better when you’re surrounded by friends and an active community, but “unusually wonderful and far better than anything you can expect.”

Learn what living the life at The Crescent is all about from our residents themselves here:

Wallick Celebrates Fenner Ridge Grand Opening

Last Wednesday, Wallick celebrated the grand opening of Fenner Ridge, our newest affordable housing community consisting of 56 one-, two-, and three-bedroom units serving families in Hillsboro, OH. Wallick is the manager, developer and owner of Fenner Ridge.

Several notable guests shared remarks at the event, including:

Alex Sharfetter, District Director, Office of Congressman Brad Wenstrup (OH-2)

Tom Eichinger, President, Hillsboro City Council

Guy Ford, Director of Legislative Affairs, Ohio Housing Finance Agency (OHFA)

Catherine Cawthon, President & CEO, Ohio Capital Corporation for Housing (OCCH), and Ohio Capital Finance Corporation (OCFC)

Brian Shelbourne, VP Originations, Merchants Capital

Rodney Donley, Vice President, National Cooperative Bank (NCB)

One of our new residents, Lacey, closed the program by sharing her story about how Fenner Ridge warmly welcomed her into a community “built for people just like her” in need of safe, secure housing. She officially cut the ribbon to her new home!

To hear more about Lacey’s journey and the impact Fenner Ridge has already had on her life, check out this spotlight by WCPO 9 (ABC).

Fenner Ridge features several amenities, including a playground contributed by National Cooperative Bank and a Digital Inclusion grant from Ohio Capital Finance Corporation enabling internet access for residents.

This $12.3 million project was made possible by the partnership and support of our amazing community partners, also including Ohio Housing Finance AgencyOhio Capital Corporation for HousingMerchants Capital, & the City of Hillsboro.

Additionally, each home has:

  • Energy Star-rated appliances and ceiling fans
  • Luxury vinyl flooring
  • Washer and dryer hookups
  • Exterior storage
  • A patio or balcony

Our team is always excited to continue our mission of Opening Doors, Opportunities and Hope to those who need it most. Thank you to all who made the opening of Fenner Ridge possible!

Oakleaf Village of Sylvania Raises Funds for Alzheimer’s Association

This past Saturday, The Grove and Oakleaf Village of Sylvania raised the roof in support of the Alzheimer’s Association. Ongoing efforts throughout the year culminated at the Toledo Regional Walk to End Alzheimer’s on October 14. Wallick associates and family members braved the cold and rainy weather to exceed our $2,000 fundraising goal.

In total, The Grove raised $2,957.94!

Ongoing Fundraising Efforts

As a memory care community, The Grove at Oakleaf Village specializes in care for seniors with Alzheimer’s and dementia. Many of our residents and their families have firsthand experience with this disease. The challenges of living with Alzheimer’s go far beyond Wallick’s walls – staggering statistics reveal that 1 in 3 seniors is impacted by Alzheimer’s or another dementia. This disease affects over 6 million Americans.

Leading up to this weekend, fundraising efforts were a labor of love. Just a few months ago, The Grove hosted a Campus Walk to End Alzheimer’s for residents and their families. The event included various activities and walks for families and friends to enjoy with their loved ones. The Alzheimer’s Association joined us to provide the official walk arch and resources. We also had a selection of delicious food trucks (Jikoni Toledo, Toledo Let’s Eat, The Purple Penguin Sweet Treats, Tocayo’s Tacos), entertainment from John Pickle, a photo booth from Funkytown Fotobooth, face-painting, balloon animals, a bake sale and craft sale.

At the end of the event, the three winners of our Duct Tape Fundraiser and the management team were duct-taped to a wall. Residents enjoyed donating $1 to pie their favorite staff.

We are proud of our Grove and Oakleaf teams’ commitment to making a difference and always showing genuine care for our residents.

Thank you to all the staff, residents and family members who showed up to elevate such a worthy cause!

CEO Amy Albery Honored at Columbus Business First’s C-Suite Awards Reception

Last week, Wallick Communities CEO Amy Albery was recognized at Columbus Business First’s C-Suite Awards Reception. These awards acknowledge the most admired CEOs and top executives in Central Ohio, with winners selected through votes from fellow C-suite nominees.

We are proud of Amy’s values-driven leadership and her commitment to investing in associates’ growth to create an environment where they can “declare their values to others and live into themselves authentically.” Amy’s genuine care for people nurtures and drives our core values, which shine through all of our communities.

Likewise, we are proud of the incredible impact our associates are making on numerous lives in the community. This award is an incredible honor for Wallick as we celebrate our expanding presence in the community and continue to prioritize safe, affordable housing for a growing population in need.

Read more about the C-Suite Awards and Amy’s approach to leadership here.

The Ashford of Beavercreek, Wallick’s Newest Senior Living Community, Featured in Dayton Magazine

“The Ashford of Beavercreek compliments adjoining senior focused communities by offering assisted living and memory care services and completing the continuum of care, allowing the senior residents of Beavercreek and surrounding areas to stay close to home near family and friends.” – Matt Loges, Regional Executive Director, Wallick Senior Living

Dayton Magazine recently featured The Ashford of Beavercreek, Wallick’s newest senior living community, in their Summer 2023 edition. Our community will offer independent living, assisted living and memory care services for seniors in a supportive and vibrant setting. The Ashford Team is thrilled to open doors in the Beavercreek and Dayton area, and we cannot wait to welcome our new residents in the coming months!

Likewise, we look forward to enriching our residents’ experience with on-and-offsite activities that revolve around genuine wellness and actively promote community-based partnerships with local organizations and businesses.

Read the full article here.

Bryan Lenzo Honored in Columbus Business First’s HR Impact Awards

Yesterday, Bryan Lenzo, Senior Vice President of Human Resources at Wallick Communities, was one of 20 local human resource professionals honored at Columbus Business First’s HR Impact Awards.

We congratulate Bryan, whose incredible leadership, in tandem with the entire Wallick Human Resources team, has positively supported the development of a data-driven approach and enhanced a people-first culture.

Read about Bryan’s approach to his career and leadership here.

Wallick’s Senior Living Campus Voted Best in Toledo

We are thrilled to announce that Wallick’s senior living campus in Sylvania, OH has achieved an outstanding trifecta sweep in Mature Living News’ annual Reader’s Choice Awards!

Readers of MLiving are the judges for these awards, voting for the best of the Toledo, OH, area across various local categories.

  • Oakleaf Village of Sylvania won “Best Assisted Living Community” for its third consecutive year.
  • The Grove at Oakleaf Village of Sylvania won “Best Memory Care” for its eighth consecutive year.
  • The Crescent, our newest senior living community, won “Best Senior Living Community.”

It is because of our residents, families and amazing associates that our communities are incredible places to live and work.

We are grateful for the support and congratulate our Sylvania Team on this honor!

Alexis Dunfee Promoted to SVP of Development

Please join us in congratulating Alexis Dunfee on her promotion to Senior Vice President of Development.

Alexis has been an integral part of Wallick’s development team since 2012. Since 2018, she has led the Development Project Management Team, which has helped grow the department to a total of 18 members strong. Over the past ten years, Alexis was involved in the acquisition, rehabilitation, and new construction of 2,000+ affordable homes in Kentucky, Michigan, Indiana, and Illinois, contributing to the expansion of Wallick’s affordable housing portfolio.

As Senior Vice President, Alexis will lead all aspects of the company’s development department and continue to work closely with John Leonard, Senior Vice President of Construction.

Wallick Announces Leadership Promotions

Bryan Lenzo was promoted to Senior Vice President of Human Resources. Furthermore, Paul Koehler has become Chief Strategy and Information Officer. Please join us as we congratulate Paul and Bryan on their roles.

Paul Koehler

Mr. Koehler has been a part of Wallick’s executive team since 2014. He has led and grown our IT, marketing, human resources, and project management departments in various capacities. Once the smallest of the support groups, these teams now make up 1/3 of Wallick’s headquarters.

Paul’s mission to improve our infrastructure began early in his career at Wallick. His first matter of business was integrating Microsoft into associates’ daily work. This measure alone has connected associates at hundreds of properties across multiple states and has simplified how we communicate with each other.

Through Paul’s innovation, Wallick’s corporate office was situated for remote work well ahead of COVID-19. Without previous groundwork on our infrastructure, we would not have been able to continue as we did.

As Chief Strategy and Information Officer, Paul will continue to maintain and improve Wallick’s technological platforms. By leveraging his background in technology and engineering, Paul will work to optimize our current programs and target areas of improvement. He will also strengthen Wallick’s business analytics and artificial intelligence efforts to keep up with the ever-advancing field, so Wallick can continue making informed business decisions with real-time data.

Additionally, Paul will continue to lead and expand the IT, marketing, and project management departments to match the needs of the growing company.

Bryan Lenzo

Mr. Lenzo joined Wallick Communities in February 2020. He was an important part of the organization throughout COVID-19, supporting Wallick as it navigated an unprecedented pandemic. Bryan and HR team members created the Hero Bonus to show gratitude to our essential associates during what was considered the most challenging part of 2020.

From there, he began growing the HR department. A team that was only four members strong just two short years ago now has 20 associates that focus on recruiting, associate relations, total rewards, and learning and development.

Human Resources wasn’t the only department to experience growth. Under Bryan’s leadership, talent acquisition has recruited 2,470 people since 2020, pushing Wallick over the 1,000-associate mark this year.

However, success doesn’t end there. Bryan and his team are determined to improve the associate experience at Wallick Communities. Bryan will work directly with CEO Amy Albery to create a stable work environment that puts associate satisfaction first.

Wallick Reaches Major Milestone

Wallick Communities is now the proud employer of over 1,000 associates.  

We’ve been growing since 1966, when founder Jack Wallick formed Wallick Construction Company and took on the liabilities and abandoned contracts of a defunct contractor. From there on, Wallick began its mission to focus on an underserved population and create decent, affordable housing.

It’s 56 years later and Wallick is still in the business of changing the world for low-income families and seniors. Only now, we have further growth and accomplishments to share:

  • Developed and built 400+ communities
  • Own or manage more than 200 communities with 15,000+ apartment units
  • One of the largest green rehabs of any affordable community in U.S. history
  • Ranked first in the nation for affordable housing preservation

Not only have we had some major milestones like our Stern-Hendy merger, resulting in becoming the largest provider of affordable housing in Ohio, and expanding development into assisted living and memory care, but we have also expanded our presence. We now have communities in Ohio, Michigan, Kentucky, Pennsylvania, Indiana, Illinois, Wisconsin, and North Carolina.

“As we increase the amount of low-income family and senior housing, we’re able to ultimately change more people’s lives, because housing affects all aspects of a person’s life,” said CEO Amy Albery. “Our mission statement is ‘opening doors to homes, opportunities, and hope.’ I’m grateful for additional opportunities to be able to do this for more people, as Wallick continues to grow.”

Wallick’s Director of Talent Acquisition, Amanda Lovell, and her team have been a large help in accommodating this growth.

“This is an exciting time to be at Wallick,” says Lovell. “We’ve partnered across the business and with Marketing to ensure we’re able to attract the right talent through various sources and once hired, ensuring our new hires are receiving the necessary support to be engaged and successful associates.”

We are so excited for what’s to come and owe a big thank you to our associates, partners, and residents who have been on this journey with us.

Mt. Orab PD Donates Basketball Equipment to Hyde Park West

When Officer McKenzie noticed the missing backboard at Hyde Park West’s basketball court, he hatched a plan to replace it. He told Chief Hahn, Mt. Orab’s Chief of Police, who then contacted Tammy Chapin, Regional Manager, regarding the vandalized/missing backboard and rim. He explained that Mt. Orab Police Department believes it would be a great opportunity to give back to the community and to do something positive for the Hyde Park West kids.

Days later, men from Mt. Orab Police and the Street Department arrived at Hyde Park West’s basketball court to install the backboard and hoop. Afterward, the officers spent time shooting some hoops with the kids and even brought their grill along to provide hotdogs. Before leaving, the police department donated three basketballs to the community for resident use.

Management has built a strong relationship with the Mt. Orab Police Department; together, they strive to keep Hyde Park West a great place to call home!

Shoutout to Shana Cowdrey, Manager at Hyde Park West, Fair Park, and Forest Glade Apartments, who coordinated with the Mt. Orab Police Department!

Wallick Participates in Columbus Pride

The Stonewall Columbus Pride Festival and March celebrated 38 years of LGBTQ Pride this past weekend with the theme “The Power of Pride.” The city was filled with rainbows and cheerful people, including Wallick associates.

Along with friends and family, associates were welcomed to join Wallick in the festivities. Wallick’s DEI+B committee hosted a tent where associates took turns talking with people and handing out Pride bracelets and pins. They also organized t-shirts for everyone to wear and banners, signs, and flags to hold while marching. Our associates were among the 13,000 marchers who showed their Pride support up and down High Street on Saturday.

For Nick Sampsel, Wallick’s Financial Analyst, Saturday was a positive and encouraging experience.

“Pride was a blast! You couldn’t help but feel good seeing everyone cheer and wear their most colorful outfits,” Nick said. “With all the craziness in the world, it was a breath of fresh air to see so many people come together to celebrate ideas of peace, love, unity, and respect. Shoutout to Wallick for being involved in the parade, the organizers that made it happen, and all the wonderful people that made it out. It was truly a special day!” 

Scot Henshaw, Business Office Manager at Oakleaf Toldeo, made the trip to Columbus to participate in Pride.

“It meant a lot to see so many supportive coworkers from different sectors come out to support Pride,” said Scot. “It made me very happy to hold up our banner and walk with a company that recognizes how much diversity, equity, inclusion, and belonging mean to all our associates and those we serve. I look forward to seeing more of the work we are doing and the impact that it will have.” 

Wallick Awarded Two Tax Credit Deals

The Ohio Housing Finance Agency (OHFA) awarded Wallick Communities $1, 250,000 in 9% low-income housing tax credits to finance the construction of The Landings at Delta Crossing, which will provide a high-quality, safe housing option for seniors in Maumee, OH. Delta Crossing will have one and two-bedroom apartments – a total of 60 units.

OHFA awarded Wallick an additional $760,000 in tax credits to fund the rehabilitation of Greentree Apartments, a multifamily community in Cincinnati, OH with a total of 50 units with two-, three-, and four-bedroom options.

Thank you to OHFA and our partners for their unwavering support in the development of these pivotal communities.

Wallick Acquires Two Ohio Communities

Wallick recently acquired two affordable apartment communities in Ohio, Stow Kent Gardens and Overbrook Park.

Stow Kent is nestled in Stow, OH, about 45 minutes northeast of Akron. The Section 8 community has 85 apartments and serves families and seniors.

Overbrook Park resides in the city of Chillicothe, OH. The community consists of 50 two and three-bedroom townhomes, also serving families through the Section 8 program.

Not only do the acquisitions of Stow Kent Gardens and Overbrook Park expand Wallick’s Ohio portfolio, but they also expand our mission of opening doors to homes, opportunities, and hope. It’s our greatest pleasure to welcome these communities and residents to our family.