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 DiCarlantonio, John 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

State Support Powers Wallick Development, Featured in Columbus Business First

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 TMUD awards (totaling $10 million) help support Central Park’s long-term vision, including 1,800 homes, new jobs and an experience more like what you’d find in larger cities.

Read the full story here, including insights from Wallick’s VPs of Development, Michael DiCarlantonio and Jimmy McCune.

Lighthouse Ridge Apartments Awarded $1.5 Million in 9% Tax Credits

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 Bogan Developments and Mno-Bmadsen, Lighthouse Ridge Apartments will bring 52 high-quality, affordable multi-family housing units to South Haven Township.

Located just 1.5 miles from downtown South Haven, the development will feature two- and three-bedroom units with modern amenities, including a clubhouse, exercise room, computer center, playground and green space.

This unique collaboration with Bogan Developments and Mno-Bmadsen, the non-gaming investment arm of the Pokagon Band of Potawatomi, will provide housing for tribal citizens and will address a critical housing need. Lighthouse Ridge Apartments will also advance goals outlined in the Michigan Statewide Housing Plan focused on equity, strengthening the housing ecosystem and expanding affordable options in rural communities.

Notably, this project marks the county’s first new Low-Income Housing Tax Credit allocation since 2015. With rents serving households earning 30% to 80% of the Area Median Income (AMI), Lighthouse Ridge Apartments will offer safe, secure housing in the heart of South Haven for families.

Thank you to our Michigan Development Team, Graham Welling, Brennon Davis, Nate Dedrick and Owen Dickson, for their commitment to bringing Lighthouse Ridge to life.

See the proposed elevations below for a preview of the community.

 

The Ashford of Berkshire Senior Living Community Officially Closes

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), Kimley Horn (civil engineering) and POD Design (landscape architecture). Construction is underway, with completion expected in 2027. 

The Ashford of Berkshire will span 95,767 square feet and offer residents comfort, personalized care, and a wide range of on-site amenities, including: 

  • Fitness and rehabilitation center 
  • Beauty salon 
  • Library with computer access 
  • Courtyard 
  • Dining lounge with full-service kitchen and meal plans 
  • Large bathrooms with walk-in showers 
  • Games and recreation 
  • Arts and crafts 
  • Entertainment programs 
  • Housekeeping and laundry services 
  • Transportation 
  • Health and wellness support 

The community is also part of a broader strategic plan for the Berkshire area that spans 375 acres of mixed-use development. Positioned to foster a thriving environment for residents, it’s located near Tanger Outlets Columbus and sits alongside roughly 2,000 new homes and condos under construction. 

Special thanks to Development Leads Michael DiCarlantonio, John Marra and Victoria Meade for their incredible efforts and dedication to making this project possible.  

We look forward to serving seniors in the fast-growing Sunbury region. 

Pictured below: project renderings and current site photos with construction underway.


Wallick Recognized by Affordable Housing Finance in Top 10 Companies Completing Substantial Rehabs in 2024

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 renovation of Cypress Commons in Middletown, OH, where we upgraded 44 units with modern amenities and improved accessibility.

In addition to our rehabilitation efforts, Wallick is expanding into workforce housing to address the needs of middle-income families. Our Corners Crossing development in Traverse City, MI, is a 192-unit community designed to provide high-quality, affordable housing for residents earning between 80-120% of the area median income.

These initiatives align with our mission to open doors to homes, opportunities, and hope. We extend our gratitude to our dedicated team, partners, and the communities we serve for their support in making these projects possible.

View AHF’s full list here.

Wallick Awarded 9% LIHTC for Wade Park Station in Cleveland

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 40-unit community will include 30 one-bedroom and 10 two-bedroom apartments and is designed to offer high-quality, affordable housing for seniors.

Each apartment will feature a fully equipped kitchen with a dishwasher and garbage disposal, an in-unit washer and dryer, spacious closets and ample storage.

Site amenities will include a community room with seating, an exercise room, an outdoor patio and supportive service coordination to promote well-being, health and independence for residents.

Competitive Selection

Wade Park Station was selected through a highly competitive funding process amid a strong need for senior housing in Ohio:

  • One of just seven projects awarded through the New Affordability Senior Funding Pool, which received 16 applications.
  • One of 23 9% LIHTC awards out of 60 statewide applications.

We congratulate our Ohio Development Team, including Jimmy McCune, Matt Dennis and Graham Weidenhamer, on their incredible work on this project!

See the elevation below for a preview of the community.

Wallick Welcomes Dr. Abraham Mathew, Senior Vice President of Senior Living Operations

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 resident care, drive growth, promote operational excellence and build a high-performing, mission-aligned team across communities.

Abraham brings with him more than two decades of experience in healthcare management, including executive leadership roles across senior living communities and CCRCs. Most recently, he served as Regional Vice President of Operations for Lifespace Communities, overseeing multiple communities across Texas. Prior to that, he served as a Licensed Health Care Administrator, Executive Director, Senior Executive Director, and Director of Operations, leading high-performing teams and delivering operational excellence across the continuum of care.

Abraham began his career as a direct caregiver and social worker, and quickly advanced due to his passion for learning and leadership. He became a Licensed Health Care Administrator in 2010 and has led diverse teams across skilled nursing, assisted living, Memory Care and independent living settings.

He holds a Doctorate in Business Administration (DBA) with a specialization in Healthcare Management and Leadership from California Intercontinental University. In addition, he holds an MSW, MBA and a Master’s and Bachelor’s in English Literature. Abraham is licensed as a Nursing Facility Administrator in both Texas and Illinois.

In 2018, he was appointed by Governor Greg Abbott to the Texas Nursing Facility Administrators Advisory Committee (NFAAC), where he currently serves as Co-Chair, following his term as Chair through 2024.

Abraham’s leadership is deeply guided by the principles of servant leadership, transparency, accountability, and collaboration. He believes in empowering teams, fostering a culture of trust, and leading with a purpose rooted in values.

Outside of work, Abraham is actively involved in church and community life, enjoys mentoring and plays in local soccer leagues.

In his words, “I am most looking forward to serving at Wallick Communities where values are more than words—they are lived out daily. It is an honor to be part of a mission-driven organization with such a rich legacy and a bold vision for the future.”

Wallick (wallick.com) serves the affordable housing, workforce 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 59 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 at Ohio Housing Council’s Spring Symposium

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 on state and federal legislation that affects Wallick’s core business, while also exploring opportunities to influence policy decisions currently under consideration.

  • Emily Cadik, CEO of the Affordable Housing Tax Credit Coalition, opened the event with an update on federal advocacy efforts for the Affordable Housing Credit Improvement Act (AHCIA), which was reintroduced with 119 cosponsors.
  • Bill Beagle, recently appointed Executive Director of the Ohio Housing Finance Agency (OHFA), participated in the day’s sessions, shared remarks and contributed to ongoing conversations.
  • Lt. Gov. Jim Tressel delivered the keynote, providing insights into his journey from education and athletics to public service, and emphasizing the state administration’s continued commitment to affordable housing.

Mike’s panel, “Breaking Barriers: Navigating Design and Construction Challenges in Housing,” explored challenges within the construction industry, with a specific focus on affordable housing. Topics included energy and building code changes, the effects of tariffs and inflation, labor shortages and financial challenges of development.

During the discussion, Mike highlighted the importance of Wallick’s longstanding partnership with OHFA and proposed a review of project financial caps to benefit builders across the industry. The panel was informative, well-received, and helped improve understanding for those less familiar with the construction side of affordable housing.

Overall, the OHC summit created space for meaningful dialogue with the key industry leaders and stakeholders essential to Wallick’s continued success.

Special thanks to Mike for representing Wallick and to the Ohio Housing Council for hosting an impactful event that helps move the conversation (and the work) forward.

Organizational Update – Expanding Leadership to Strengthen Alignment and Strategy

We’re pleased to share an update  to our organizational structure that reflects Wallick’s ongoing growth and our commitment to strengthening collaboration across key business functions.

Effective this week, Information Technology (IT) will now fall under the leadership of Dr. Bryan Lenzo, who currently leads Human Resources, Business Intelligence, and the Project Management Office. With this expanded scope, Bryan’s title will change to Senior Vice President, Organizational Effectiveness and Technology.

This realignment brings together people, systems, data and execution under one leadership structure. It’s designed to enhance coordination, accelerate progress on strategic initiatives and support the continued evolution of our organization.

Since joining Wallick in 2020, Bryan has been instrumental in advancing a data-driven mindset and reinforcing people-first culture. His leadership has helped shape several core functions that support our workforce and operations, and his ability to cultivate high-performing, talented teams has positioned Wallick to grow with both intention and impact.

We also thank Sarah Malone, Chief Financial Officer, for her leadership of the IT Team up to this point. Her guidance and support have helped set a strong foundation as the team continues forward under Bryan’s leadership.

Pictured: Dr. Bryan Lenzo, SVP of Organizational Effectiveness & Technology

“I’m excited to work closely with the IT Team and build on the great momentum already underway,” Bryan says. “I look forward to what we can accomplish together.”

Please join us in congratulating Bryan on this expanded role and in supporting the work ahead as these teams collaborate even more closely to move Wallick forward.

Breathwork, CrossFit keep Wallick CEO Amy Albery grounded

Wallick Welcomes Mike Dodge as Senior Vice President of Asset Management

New Albany, OH – Wallick is pleased to welcome Mike Dodge as the Senior Vice President of Asset Management.

As Senior Vice President of Asset Management, Mike will focus on proactively managing property performance and seeking creative solutions to achieve the best outcomes
for Wallick’s owners, partners and residents.

He is excited to join a mission-driven organization with decades of success in affordable housing and senior
living, guided by the core values of care, character and collaboration.

With over 24 years of experience in real estate finance and development, Mike most recently served as Vice President of Finance & Development for Continental Real Estate Companies. In this role, he managed the capital needs, including debt and equity, for existing and future developments in various property types, including office, retail, multifamily and senior housing.

Mike’s approach to leadership is rooted in teamwork and collaboration, with an emphasis on servant leadership. He values the significance of recognizing achievements and celebrating partners who drive extraordinary results.

A central Ohio native, Mike is deeply involved in his local community and has previously served as President and Board Chair of the Upper Arlington Civic Association and President of the Upper Arlington Lacrosse Association. He holds a Bachelor of Science in Finance – Real Estate from The Kelley School of Business at Indiana University.

“We are excited to welcome Mike Dodge as our new Senior Vice President of Asset Management. With a strong background in real estate finance and development, Mike brings a wealth of expertise in senior living, investor relations and asset management strategy. His leadership and financial acumen will be invaluable as we continue to strengthen and grow our portfolio,” says Amy Albery, Chief Executive Officer.

Wallick (wallick.com) serves the affordable housing, workforce 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 59 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 Receives $5.8 Million TMUD Tax Credit Award for Affordable Assisted Living Development

Wallick received $5.8 million in Transformational Mixed-Use Development (TMUD) tax credits as part of Phase II of its Central Park development in Heath, OH. These credits were awarded to support the construction of Wallick’s Affordable Assisted Living community within the project and will play a vital role in the community’s financial viability, helping to address the growing need for affordable senior care in Central Ohio.

Meeting a Critical Need with Affordable Assisted Living

Affordable Assisted Living is a new development focus for Wallick, and this incoming project in Heath is among our first in the category.

Designed to serve seniors who cannot typically afford market-rate assisted living, this income-based approach to senior living provides older adults on Medicaid the opportunity to enjoy their golden years in a supportive community.

Bringing even more value to this development, the Affordable Assisted Living community will be part of a new Ohio Housing Finance Agency (OHFA) program that combines the 4% tax credit with Ohio Medicaid Waiver reimbursements. This program allows qualifying residents to use Medicaid toward their care, making longer stays at a fixed affordable rate possible while ensuring the community’s financial sustainability.

Pictured: Affordable Assisted Living community rendering

Central Park & Wallick’s Role

Phase I of Central Park, awarded $4.1 million in TMUD credits last year, is set to transform 48 acres near Heath’s Indian Mound Mall into a vibrant mixed-use community. In this space, Wallick is developing 424 units of Workforce Housing, serving those who make 75-100% of the area median income. Phase I is expected to close in Q1 2025 and break ground soon after (read more here).

Phase II will further elevate the project through Wallick’s creation of an Affordable Assisted Living community, contributing to Central Park’s broader vision as a pedestrian-focused hub that combines multiple housing types and amenities.

Through innovative housing solutions like Affordable Assisted Living and Workforce Housing, Wallick remains committed to meeting a genuine need and Opening Doors to Homes, Opportunities and Hope for residents in Central Ohio and beyond.

Site Plan of Central Park Phase II (see #25 for the AAL community location)

Tammana Bharakhda Promoted to Senior Vice President of Marketing & Branding

New Albany, OH – Wallick is pleased to announce the promotion of Tammana Bharakhda to Senior Vice President of Marketing & Branding.

Tam is a seasoned marketing and branding executive with a proven track record in building and strengthening brands across business and consumer sectors.

In her new role, she will oversee a team dedicated to developing and executing comprehensive strategic marketing, branding and communication strategies across multiple business divisions.

Since joining Wallick in 2020, Tam has established herself as a skilled communicator and collaborative leader, fostering a culture of innovation and accountability within her team.

Tam’s expertise is backed by leadership roles at large corporations like Bread Financial and Nationwide, where she honed her skills in both business and consumer markets.

Most recently, Tam worked at Boston Consulting Group, where she played a key role leading the North America Marketing team. There, she was instrumental in developing the global management consultant’s annual marketing plan and strategy, underscoring her strong leadership abilities and capacity to inspire high-performing teams. Her global experience highlights her capabilities in managing complex projects and delivering business results that align with organizational goals. Tam’s career reflects her commitment to excellence and her ability to adapt to varying market demands.

Tam was born and raised in London, the U.K., and graduated from the University of Greenwich in London with a bachelor’s degree in marketing communications and French.

As Senior Vice President of Marketing & Branding, Tam looks forward to ensuring that Wallick remains a priority for both current and prospective B2C and B2B audiences to foster business growth.

“I’m thrilled to have Tam’s strategic and innovative thinking on our Senior Leadership Team.  Her proven experience and results-driven collaboration will help fuel Wallick’s success now and into the future,” says Amy Albery, Wallick’s Chief Executive Officer.

Wallick (wallick.com) serves the affordable housing, workforce 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 59 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.