Jeannie Clayton Promoted to Senior Vice President of Asset Management

New Albany, OH – Wallick is pleased to announce the promotion of Jeannie Clayton to Senior Vice President of Asset Management. 

In this role, Jeannie will focus on further defining Asset Management’s role as the owner’s representative and financial guardian, ensuring communities are equipped to perform optimally in order to preserve affordable housing for the long term. 

Since joining Wallick in 2015, Jeannie has played a pivotal role in growing Wallick’s Asset Management team and refining closing and real estate management processes. She started her career at Wallick as a Paralegal in the Asset Management Department and worked in both Asset Management and Development, holding roles including Real Estate Specialist, Sr. Closing Manager and Director of Acquisitions.  

Most recently, Jeannie served as Vice President of Closing and Real Estate Management, where she cultivated and led the team responsible for overseeing all of Wallick’s tax credit, acquisition, disposition and refinance closings. In addition to leading Asset Management, Jeannie will continue to oversee the Closing and Real Estate Management team. 

Prior to joining Wallick, Jeannie spent 14 years working for Shafer Law Offices/Ohio Title Johnstown Agency as both a Paralegal and Real Estate Title Agent, where she was key in executing and closing real estate transactions ranging from residential closings to complex Low-Income Housing Tax Credit (LIHTC) closings. 

Leading with trust, commitment and character, Jeannie brings deep experience collaborating across Wallick and with external partners. She looks forward to continuing to advance Wallick’s mission in this new role. 

“Jeannie’s more than 10 years with Wallick have been marked by continuous growth, strong leadership, and a commitment to building meaningful partnerships across the organization.  

I’ve had the privilege of watching her expand her expertise and become a trusted partner to teams across many areas of the business. I’m excited to work alongside her in this new capacity and look forward to seeing the impact she will make in this next chapter. Congratulations, Jeannie, on this well-deserved promotion.”  

—Sarah Malone, Chief Financial Officer 

Wallick (wallick.com) serves the affordable housing, workforce housing and senior living markets. It has more than 1,100 associates across five business divisions: Development, Construction, Asset Management, Affordable Housing Operations and Senior Living Operations. For 60 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 Breaks Ground on Senior Housing Community

Wallick is proud to break ground on a new affordable senior housing community that will expand access to high-quality, supportive homes for older adults in Ohio. This milestone reflects our ongoing commitment to strengthening communities and creating housing that helps residents live with dignity and stability. We’re grateful to our partners and community leaders who joined us on this project and celebrating this important milestone for senior living in Ohio.

Read more about the project in our recent feature in Affordable Housing Finance.

 

 

Wallick’s Jonathan Stonebraker Featured in NAHMA News

Jonathan Stonebraker, Regional Vice President of Affordable Housing Operations at Wallick, was recently profiled in the National Affordable Housing Management Association (NAHMA) News “Up Close & Personal” series.

Jonathan serves as President of Midwest Affordable Housing Management Association (MAHMA) and on the NAHMA Educational Foundation Board of Directors. The feature provides a closer look at his leadership style, his drive to see teams succeed, and the values that continue to guide his work across Wallick and the affordable housing industry.

Read the full spotlight in the attached article here.

Wallick Breaks Ground on Harding Heights Apartments

On May 11, Wallick joined community partners, public officials and project supporters to celebrate the groundbreaking of Harding Heights Apartments, a new $17 million affordable senior housing community in Marion, Ohio.

Pictured (left to right): Karen McCleary, Marion Township Trustee; Tracy Richardson, Ohio State Representative, District 86; Amy Albery, Wallick CEO; Kevin Davidson, Marion County Commissioner; Jimmy McCune, VP of Development, Wallick; Taylor Armstrong, Central Ohio Regional Representative, Office of U.S. Senator Bernie Moreno; Bill Beagle, Executive Director, Ohio Housing Finance Agency

Designed for adults age 55 and older, Harding Heights Apartments will bring 50 affordable apartment homes to the community and expand access to safe, quality housing for older adults in the region. This marks Wallick’s third community in Marion and its first development financed with federal and Ohio Low-Income Housing Tax Credits (OLIHTC).

Wallick CEO Amy Albery and Vice President of Development Jimmy McCune were joined by several public officials and partners for the celebration, including:

  • Karen McCleary, Marion Township Trustee
  • Kevin Davidson, Marion County Commissioner
  • Tracy Richardson, Ohio State Representative, District 86
  • Taylor Armstrong, Central Ohio Regional Representative, Office of U.S. Senator Bernie Moreno
  • Bill Beagle, Executive Director, Ohio Housing Finance Agency

In her remarks, Amy highlighted Wallick’s continued commitment to expanding affordable housing opportunities and the importance of investing in communities like Marion, where the need for quality senior housing continues to grow.

Wallick CEO Amy Albery shares opening remarks

About Harding Heights Apartments

Located at 265 University Drive in Marion, Harding Heights Apartments will include 25 one-bedroom and 25 two-bedroom apartments within a three-story, 63,000-square-foot building.

Residents will have access to a variety of modern features and community amenities, including:

  • Fully equipped kitchens with dishwashers, garbage disposals and microwaves
  • Spacious closets
  • Carpeted bedrooms
  • A large community room with seating, television and kitchenette
  • A computer room/library
  • Central laundry
  • An outdoor patio

Construction began in March 2026 and is expected to take approximately 18 months, weather permitting.

East and West elevations of Harding Heights Apartments

Amy Albery, Wallick CEO, introduces Bill Beagle, Executive Director, Ohio Housing Finance Agency

 

 

 

 

 

 

 

 

 

 

 

A Milestone Project for Wallick and Ohio Affordable Housing

Harding Heights Apartments is especially notable as Wallick’s first community financed through both the federal Low-Income Housing Tax Credit program and the Ohio Low-Income Housing Tax Credit (OLIHTC) program. Created by the 135th Ohio General Assembly and administered by the Ohio Housing Finance Agency, OLIHTC supports the construction and preservation of affordable rental housing across the state.

The development responds to a growing housing need in Ohio and across the country, particularly among older adults. As the senior population continues to rise, communities like Harding Heights will play an important role in helping more residents age with dignity.

Project Team and Partners

Wallick is constructing Harding Heights Apartments and, upon completion, will own and manage the community.

Project partners include:

  • Ohio Housing Finance Agency
  • Merchants Capital Corporation
  • Merchants Bank of Indiana
  • Cedar Rapids Bank and Trust Company
  • Argent Institutional Trust Company
  • Marion Township
  • Resident Resources Network

The design team includes:

  • RDL Architects
  • Civil & Environmental Consultants, Inc.
  • Sol Design + Consulting

With Harding Heights Apartments, Wallick is proud to continue Opening Doors to Homes, Opportunities and Hope, while expanding affordable housing options for seniors in Marion and throughout Ohio.

Wallick (wallick.com) serves the affordable housing, workforce housing and senior living markets. It has more than 1,100 associates across five business divisions: Development, Construction, Asset Management, Affordable Housing Operations and Senior Living Operations. For 60 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.

Pictured: Guests gather for the groundbreaking event

Pictured: Taylor Armstrong, Central Ohio Regional Representative, Office of U.S. Senator Bernie Moreno

 

 

 

 

 

 

Pictured: Bill Beagle, Executive Director, Ohio Housing Finance Agency

Pictured: Karen McCleary, Marion Township Trustee

Pictured: Tracy Richardson, Ohio State Representative, District 86

 

 

 

 

 

 

 

 

 

Pictured: Kevin Davidson, Marion County Commissioner

Pictured: Jimmy McCune, VP of Development, Wallick

 

Wallick Welcomes Christopher Italiano as Senior Vice President of Construction

New Albany, OH – Wallick is pleased to welcome Christopher Italiano as the company’s new Senior Vice President of Construction.

As Senior Vice President of Construction, Chris will focus on building a highly aligned, accountable and performance-driven construction team that supports Wallick’s mission, growth strategy and long-term operational excellence. He looks forward to collaborating across Development, Construction, Operations and Finance while helping drive predictable project execution, a strong field culture, safety, quality and disciplined delivery performance.

Chris brings more than 35 years of experience in the construction and development industry, with deep expertise in operational leadership, team development, strategic planning, project recovery, preconstruction, EOS (Entrepreneurial Operating System) leadership integration and construction operations. His experience spans large-scale multifamily, student housing, affordable housing, senior living, industrial, mixed-use and residential construction projects across multiple markets.

Across his career, he has helped deliver more than 11,000 multifamily units, 2,500 single-family homes and over 6,500 student housing beds, representing a combined construction value of more than $2 billion.

Chris first began his leadership journey as a lieutenant in the U.S. Army after graduating from The Ohio State University, where he earned a bachelor’s degree in business administration and management. He remains active in the community, currently serving as a Planning and Zoning Commissioner for the City of Hilliard and as trustee for Construction and Development for the Hilliard Church of the Nazarene.

His leadership approach is guided by integrity, accountability, servant leadership, collaboration, continuous improvement and a strong commitment to developing people. Chris believes high-performing teams are built through trust, communication, consistency and shared purpose.

Chris is especially excited to join Wallick because of the company’s mission-driven culture and its impact on affordable housing, senior living and the communities we serve.

In his words, “I am truly honored and excited to join the Wallick team. I look forward to listening, learning, building strong relationships across the organization and contributing to Wallick’s mission and long-term success.”

About WallickWallick (wallick.com) serves the affordable housing, workforce housing and senior living markets. It has more than 1,100 associates across five business divisions: Development, Construction, Asset Management, Affordable Housing Operations and Senior Living Operations. For 60 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.

Harding Heights Apartments Featured in the Marion Star

Harding Heights Apartments is in the news!

The Marion Star recently featured the groundbreaking of Wallick’s new $17 million affordable senior housing development in Marion. The future community will bring 50 apartment homes to seniors age 55 and older and marks another step in our continued investment in the Marion area.

We look forward to sharing more updates as construction progresses over the next 18 months. Thank you to the local leaders, partners and Wallick associates helping bring Harding Heights to life.

Read the article here.

Resident Success Story: From Experiencing Homelessness to Nursing School

Providing Support is at the Forefront of our Mission

At Wallick, access to stable housing combined with supportive services creates meaningful opportunities for individuals and families to move forward with confidence. Through our communities, residents gain not only a safe place to live, but a foundation for growth and stability. Our partner nonprofit Resident Resources Network (RRN) and the dedication of our Service Coordinators help connect residents to essential resources, from basic needs and youth programs to educational and career guidance.

As stability grows, residents are encouraged to pursue goals that once felt out of reach, including higher education and meaningful careers. When life presents challenges, compassionate support remains in place, offering guidance, resources, and reassurance through difficult moments. Together, these efforts empower residents to build confidence, resilience, and a future filled with possibility.

Alvina’s Story

Access to stability, education, and compassionate community support can change the course of a family’s future, and that is exactly what happened for Alvina, a resident at Chadwick Place Apartments.

Need for Housing Stability

Before finding housing at Chadwick, Alvina was experiencing homelessness and living in her car with her infant son. Determined to build a better life for her children, she connected with Wallick’s partner nonprofit Resident Resources Network for support, and that connection became a turning point.

Support for Her Children

Through RRN and the dedication of Service Coordinator Tricia Amenhauser, Alvina received critical assistance that helped ease immediate financial strain, including winter coats, backpacks, and summer camp opportunities for her children through community partners and donations. RRN also supported Alvina as she navigated educational resources for her daughter, helping identify more supportive school environments for children with autism.

A Path to a Career

As Alvina regained stability, Resident Services encouraged her to pursue her long-term goal of becoming a nurse. In January 2025, she enrolled in the RN program at Lorain County Community College. When grant funding did not fully cover required lab supplies, RRN worked alongside Remote Service Coordination Manager Carrie Overly to secure a Wallick scholarship, removing a financial barrier that could have delayed her progress.

“Despite adversity, Alvina turns challenges into motivation–her empathy and drive make her a natural fit for nursing, and it’s inspiring to watch her strive for greatness.”

– Tricia Amenhauser, Service Coordinator

Support Through Loss

During an especially difficult season following the loss of her father, Resident Services continued to stand beside Alvina by offering emotional support, grief counseling resources, and coordinating with a local animal rescue to safely rehome her father’s dog.

Today, Alvina has stable housing, growing confidence, and a clear path toward a meaningful healthcare career, supported by a strong community and her own resilience.

RRN’s Service Coordination team helped Alvina move from a situation that many would find overwhelming into confidence in herself and a future of possibility for her and her children. For Alvina, “There is always a way so never give up.”

We are incredibly proud of Alvina and all she has accomplished. Her journey is a powerful reminder that when access to opportunity meets unwavering support, thriving is possible.

Alexis Dunfee Joins 10TV’s The Big Picture to Discuss Housing in Central Ohio

This morning, Alexis Dunfee, Wallick’s Senior Vice President of Development, joined 10TV’s Bryn Caswell and Collin Dorsey on The Big Picture podcast to discuss one of Central Ohio’s most pressing challenges: housing affordability.

Alexis shared insights on the forces driving housing costs, from long-term supply shortages to the growing need for senior housing in Ohio, and the importance of affordable housing for all.

Watch the full interview here:

Wallick’s Alexis Dunfee Profiled in Affordable Housing News’ Annual Power Women Feature

Wallick SVP of Development Alexis Dunfee was recently profiled in Affordable Housing News’ Power Women feature. In it, she highlights how Wallick is evolving its approach to development, expanding into new states and embracing deeper, more creative collaboration with community partners and local government.

The piece spotlights Wallick’s expansion into North Carolina, including Burrell Lofts, a $31 million affordable senior housing community in Raleigh’s South Park neighborhood that is helping to address displacement and provide homes for lifelong residents.

She also touches on how the team is bringing fresh thinking to an increasingly complex industry and investing in its people.

“I know that the way I’m structuring deals today and approaching our partners is different than the past. And those on my team continue to push me to say, ‘Have you thought about doing it this way? Why do we have to do it that way?’ The questioning of the status quo and the coming to the table with solutions and quicker, better, faster ways to do things—I think it’s uplifting us all.” Alexis Dunfee, SVP of Development

Read the full feature here on page 24.

Amy Albery Co-Chairs Licking County Comprehensive Planning Effort

Wallick CEO Amy Albery is co-chairing the leadership team behind Licking County’s first comprehensive plan in more than 25 years. This countywide effort is aimed at uniting municipalities and townships around long-term decisions on growth, infrastructure, housing, conservation and economic development.

Read more about the planning process and what it could mean for Licking County here.

 

Wallick Celebrates Two Year-End Closings

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 new $17.3 million, 50-unit senior community (55+) in Marion, Ohio. This milestone project marks our first-ever development awarded both Federal and State Low-Income Housing Tax Credits.

Harding Heights perfectly complements our existing Marion portfolio—Harding Village and Marion Village, which serve families—allowing us to serve residents of all ages in this vibrant region.

Special thanks to our Ohio Development Team, Jimmy McCune, Matt Dennis and Graham Weidenhamer, for leading this project from vision to closing, along with Project Manager Jake Leonard.

Key partners include:

  • Merchants Capital Corp.
  • Merchants Bank of Indiana
  • Cedar Rapids Bank and Trust Company
  • Resident Resources Network
  • Ohio Housing Finance Agency
  • Argent Institutional Trust Company
  • The Sturges Company
  • Marion Township & Marion County
  • RDL Architects
  • Civil & Environmental Consultants, Inc.

Elevation of Harding Heights

Burrell Lofts – Raleigh, North Carolina

We’re equally proud to announce the closing of Burrell Lofts, a $31 million new construction senior (55+) community featuring 120 one-bedroom homes, including 12 accessible units, on 3.95 acres in downtown Raleigh.

Residents will enjoy exciting amenities including community gathering spaces, an exercise room, a computer room, a community kitchenette, laundry facilities and beautiful indoor-outdoor areas designed to foster connection and active living.

Special thanks to our North Carolina Development Team—Jake Gill, Brandon Barcena and Nate Dedrick—as well as Jeannie Clayton and Rosemarie Borrelli from our Closings Team, Construction team members Marc Harris, Richard Link, Jim McDonough, and Mike Ekis, and the valued partners whose expertise and dedication brought the vision of Burrell Lofts to life.

Key partners include:

  • Passage Home Inc.
  • MCI Hoke Street, LLC
  • North Carolina Housing Finance Agency
  • Housing Authority of the City of Raleigh, NC
  • Merchants Bank & Merchants Capital
  • City of Raleigh, NC & Wake County, NC
  • Partnership Property Management
  • Tightlines Designs
  • Mc2 Engineering
  • Argent Institutional Trust Company

Additionally, we thank the legal and financial advisors who helped bring this complex project to the closing stage.

Elevation of Burrell Lofts

We celebrate the growth of quality affordable housing for seniors in our Ohio and North Carolina regions and look forward to sharing more updates as work on these communities progresses.

Wallick Shares Plans for Homestead Crossing in Youngstown

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 the Ohio Housing Finance Agency in October.

Watch the interview here.

Wallick Brings New Life to Burnett Manor with 9% Tax Credit Award

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 Burnett Manor into a vibrant, comfortable home for seniors aged 62 and older.

 

 

 

 

 

 

Rehabilitation Overview

Residents will benefit from updated amenities designed to support active lifestyles and foster a sense of community, including a fitness center, community room and computer room with high-speed Wi-Fi available throughout common areas and individual units.

Outdoor amenities will include a dog park and picnic area with grills, creating spaces to connect and enjoy the outdoors. The project will also pay tribute to veterans by creating an outdoor memorial seating area with a veteran’s memorial and working with the Parke County Veterans Administration. This initiative celebrates the strong veteran presence at Burnett Manor and within the Rockville community.

Burnett Manor reflects Wallick’s ongoing commitment to preserving and enhancing our communities, investing in both rehabilitation projects and new development to meet the needs of residents across our portfolio. We look forward to bringing these improvements to Burnett Manor and supporting the wellbeing of our senior residents.

Wallick Celebrates the Grand Opening of Dr. Violet T. Lewis Village

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 Michigan (PVM), who will manage the 105-unit development.

Pictured: Amy Albery, Wallick CEO

Wallick’s CEO, Amy Albery, shared remarks alongside community partners, project advocates, and notable guests, including:

  • Roger Myers, President & CEO, Presbyterian Villages of Michigan
  • The Honorable Mike Duggan, Mayor, City of Detroit
  • The Honorable Angela Whitfield Calloway, Detroit City Council Member (District 2)
  • Jason Friedman, Director of Public Private Partnerships, City of Detroit
  • Victoria Westbrooks, Executive Office Manager, Office of Mayor-Elect Mary Sheffield
  • The Honorable Regina Weiss, Michigan State Representative (District 5)
  • Anthony Amoroso, Michigan State Housing Development Authority
  • Dr. Violet Ponders, Granddaughter of Dr. Violet T. Lewis
  • Ms. Sondra Bradfield, Eta Phi Beta Sorority
  • Dr. Kartessa Bell, Gamma Phi Delta Sorority, Inc.
  • Reverend Dr. Louis J. Prues, Board Chair, Presbyterian Villages of Michigan
  • Kisha Martin, daughter of a future resident of Dr. Violet T. Lewis Village
  • Pastor Doug Harris, Prayer House Church
  • Alexis Dunfee, Senior Vice President of Development, Wallick

The celebration brought together family of Dr. Violet T. Lewis, members of both sororities founded at the Lewis College of Business (Eta Phi Beta and Gamma Phi Delta) and future residents eager to call the community home.

Pictured: Mayor Mike Duggan, City of Detroit

Standout moments included remarks from Kisha Martin, daughter of an incoming resident at Dr. Violet T. Lewis Village, who reflected on her personal experience working with the supportive onsite community team, praising their clarity, reassurance and guidance through the application process. Dr. Violet Ponders, Sondra Bradfield and Dr. Kartessa Bell shared further insights about the legacy of Dr. Violet T. Lewis and the Lewis College of Business.

About Dr. Violet T. Lewis Village

Dr. Violet T. Lewis Village is located on the site of the former Lewis College of Business, Michigan’s only Historically Black College and University (HBCU), honoring founder Dr. Lewis’ legacy and her commitment to empowerment through education. The community features 105 units with a mix of studio, one- and two-bedroom apartments across three buildings. Two historic structures from the original campus have been rehabilitated with 32 units, while a new four-story building adds 73 additional units.

Pictured: Dr. Violet Ponders, granddaughter of Dr. Violet T. Lewis

This transformational development was made possible through the vital partnership of Michigan State Housing Development Authority (MSHDA), the City of Detroit, The Kresge Foundation, Merchants Capital, Security Bank, First Merchants Bank, Federal Home Loan Bank of Indianapolis, RDL Architects and Giffels Webster.

Alongside these contributions, the project also benefited from important program-level support. Special thanks to the Detroit Housing Commission (DHC) and Felicia Burriss, Director of the Housing Choice Voucher Program. DHC supported the 9% project with 5 project-based vouchers through a competitive selection process.

Features & Amenities

Dr. Violet T. Lewis Village features a range of modern amenities, including fitness and community spaces, on-site property management and a business/computer space.

Pictured: Kisha Martin, family member of incoming resident

Apartment homes include:

  • Energy Star-rated appliances and ceiling fans
  • Luxury vinyl flooring
  • Window treatments
  • Patios or balconies

The development is 100% affordable, with apartment rents ranging from 30% to 80% of area median income, ensuring seniors across income levels have access to safe, quality housing.

A defining theme throughout the event was the power of preserving history while building for the future.

Wallick is thrilled to Open Doors to Homes, Opportunities and Hope for residents while celebrating the lasting legacy of Dr. Violet T. Lewis and the Lewis College of Business.

Check out a recording of the event here. Additional coverage from Crain’s Detroit Business can be found here.

Speakers, community partners and supporters officially cut the ribbon for Dr. Violet T. Lewis Village.

Wallick Closes on First Affordable Assisted Living Community in Ohio

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.

Community Rendering

About The Community

Located in the City of Northwood, Wood County, Ohio, The Ashford at the Enclave is a 110-unit, 75,000-square-foot assisted living community.

Developed under the Ohio Housing Finance Agency’s new program, which uniquely pairs Medicaid reimbursement with 4% Low-Income Housing Tax Credits, this project makes high-quality assisted living accessible for more seniors than ever before.

Every unit at The Ashford at the Enclave is Medicaid-eligible, with 77 designed to be fully accessible and the remainder adaptable. The community will feature:

  • Comprehensive care and support services
  • A fully equipped commercial kitchen with both formal dining and a more casual bar/lounge-style space
  • Management offices, a salon and multipurpose rooms for classes, programs and activities
  • Housekeeping and resident laundry facilities on each floor
  • A central courtyard and community gathering spaces throughout

Location Details & Partnerships

The Ashford at the Enclave sits within the redevelopment of Northwood’s former Woodville Mall, now a master-planned area known as The Enclave. Supported by city incentives, this broader redevelopment is transforming the former mall site into a new hub of community life. Residents will have direct access to resources like the Northwood Community Center, creating a genuine neighborhood environment where they can participate in activities and thrive.

Special thanks to Wallick’s Development leads, Michael DiCarlantonioJohn Marra, and Victoria Meade, as well as our partners who helped make this possible:

  • Ohio Housing Finance Agency – $23,350,000 (Multifamily Housing Revenue Bonds, Series 2025)
  • D.A. Davidson & Co. – Underwriter
  • The Huntington National Bank – Trustee
  • AHP Housing Fund 408, LLC – Tax Credit Investor, sponsored by Affordable Housing Partners, Inc.
  • Gardant Management Solutions Inc. – Property Management
  • MA Design – Architectural Services

With this project, Wallick becomes one of the first developers in Ohio to break ground on Affordable Assisted Living, which combines housing, assisted living services, and affordability together in the senior living space.

Cafe Area

Reception

Dining Room

$37.5M residential project from Wallick Communities under construction in Sunbury

Wallick Closes on Walnut Ridge in Indianapolis

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 in 2024 and was at risk of losing its affordability restrictions and becoming market rate. Wallick is proud that we were able to purchase this asset and take it back through the tax credit program, allowing it to remain affordable for years to come.

Construction is underway, with an anticipated completion in November 2026.

This closing was made possible through incredible teamwork across our Development, Closing, and Construction teams, along with strong collaboration from our external partners.

Project partners include:

CREA (equity investor), Security Bank and Trust (permanent loan lender), Huntington National Bank (construction loan lender), IHCDA (tax credits and soft funding) and RDL Architects (architect).

When finished, Walnut Ridge will offer eight studio units, six one-bedroom units, and 64 two-bedroom units. Residents will enjoy amenities including an enclosed courtyard with a glass greenhouse, dog park, picnic/grill area, community room, fitness center, computer room and high-speed Wi-Fi throughout common areas and units.

A special thank-you to the Development team leads, Sara Ford, Brandon Barcena, and Brennon Davis, and Closing Manager Kim Franks for their dedication in bringing this project to the finish line. We’re proud to continue Wallick’s mission of Opening Doors to Homes, Opportunities and Hope.

Wallick Partners on Community-Centered Rogell Park Project in Northwest Detroit

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 median income.

The overall redevelopment of the 120-acre former golf course includes a $3.4M regional nature park, retail and commercial space, and community amenities. Together, this project represents a model for neighborhood revitalization that blends homes, green space and economic opportunity.

Thank you to Detroit Economic Growth Corporation and the City of Detroit for partnering with us on this transformative project!

Read more about the Rogell Park project here.

Wallick Awarded 9% LIHTC for Two Senior Housing Communities in North Carolina

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 that supports independence and well-being.

Once completed, these two communities will bring Wallick’s total number of homes in North Carolina to 396.

Onyx Place – Wilmington, NC

Onyx Place will be a four-story community with 48 apartments for seniors (55+) earning between 30% and 80% of the Area Median Income (AMI). The development will offer a mix of 28 one-bedroom and 20 two-bedroom apartments, each with energy-efficient appliances and in-unit washer/dryer hookups.

The $14.2 million project is being developed in partnership with Tightlines Designs, Inc., Mc2 Engineering, the City of Wilmington, Partnership Property Management, and NCHFA.

Pictured: Rendering of Onyx Place

Archer Commons – Morganton, NC

Archer Commons will provide 48 apartments for seniors 55+, with a mix of 28 one-bedroom and 20 two-bedroom units reserved for households earning 40% to 60% AMI. Like Onyx Place, the four-story community will feature energy-efficient appliances and washer/dryer hookups, along with balconies and patios in select units.

Development partners include Tightlines Designs, Inc., Mc2 Engineering, the Western Piedmont Council of Governments, Partnership Property Management and NCHFA. The project represents an estimated $13.8 million investment in the Morganton community.

Across both communities, residents will enjoy spaces designed to support health and connection, including:

  • A multipurpose room
  • Fitness center and computer room
  • Indoor and outdoor seating areas, including a gazebo

Wallick is proud to bring these two communities forward at a time of growing need for affordable senior housing in North Carolina.

Pictured: Map depicting locations of Archer Commons & Onyx Place

These developments reflect the value of strong local partnerships and the transformative impact of LIHTC awards. We’re grateful to North Carolina team members Jake Gill, Brandon Barcena and Nate Dedrick for their dedication, and to our partners and the communities of Wilmington and Morganton for their support.

Together, these communities will provide seniors with safe, high-quality homes and a place to thrive.

Affordable-Housing Projects Stall Over Proposed Cuts to Rental Assistance