Wallick Receives Housing Credits for 3 Kentucky Communities

This spring, Wallick Communities received $1.2 million in Low-Income Housing Tax Credits from the Kentucky Housing Corporation to rehabilitate three of our apartment communities in Kentucky. This is the first time Wallick has been awarded three deals from Kentucky in the same round.

The communities that will be rehabbed include:
Bedford Village – 40 apartments in Bedford, KY
Locust Ridge – 72 apartments in Dry Ridge, KY
Highpoint – 44 apartments for seniors in Ludlow, KY

These awards exemplify Wallick’s commitment to reinvesting in our communities and improving living standards for our residents.

Great job to Bonnie Harbage, Matt Shoemacher, Alexis Dunfee and others who committed time and effort into structuring these deals and putting these applications together.

Wallick Adds 10 Columbus MHA Properties to Management Portfolio

Earlier this month, Wallick Communities began providing property management services for ten Columbus Metropolitan Housing Authority (CMHA) communities.

Wallick was one of seven companies competing for the contract, acquiring 2/3 of the total business available. We are very excited to be partnering with CMHA and look forward to a long and successful relationship. The CMHA properties add 969 units to our management portfolio, and we are pleased to welcome 24 new employees. The new communities include:

  • Eastmoor Square, 53 units
  • Glenview Estates, 50 units
  • Indian Meadows, 72 units
  • Kenmore Square, 56 units
  • Ohio Townhouses, 80 units
  • Post Oak Station, 148 units
  • Rosewind, 230 units (pictured above)
  • The Meadows, 95 units
  • Thornwood Commons, 86 units
  • Worley Terrace, 100 units

Words of Inspiration: CEO Tom Feusse Addresses Ohio Housing Conference Attendees

This week, a record number of nearly 1,700 industry professionals attended the Ohio Housing Conference at the Greater Columbus Convention Center. At the opening session on Tuesday, Wallick Communities CEO Tom Feusse kicked off the day with a few inspirational words about the future of our industry, encouraged attendees to continue to make a difference, and revealed that Wallick Communities will celebrate our 50th anniversary in 2016. “In 1966, Jack Wallick formed our company, along with his business partner Sandy Goldston. He did so because he decided to take on the liabilities of a defunct, out-of-state contractor, even though he was not obligated to. He did so because he felt it was the right thing to do,” said Tom. “Today, 50 years later, we still work to do the right thing. It doesn’t just speak to the values of Wallick, but it speaks to the values of our industry.”

Wallick Communities was well represented at the conference. Senior Vice President of Asset Management Amy Albery participated in a panel discussion, A Comprehensive Analysis of Housing Credit Portfolio Trends; Vice President of Development Nicole Boyer moderated a PP&D Funding Programs panel; and Resident Resources Executive Director Shon Burch (formerly Bunkley) shared her story of triumph on a panel, 9:9 Stories.

Heart of Service: Holiday Help

Earlier this week, Wallick Communities volunteers provided dinner to nearly 100 residents, provided families with Kroger gift cards, and handed out gift bags filled with hats, gloves and scarves to all children in attendance. Several items were also raffled off to families, including a vacuum cleaner, microwave, crockpot, pots and pans, dishes, and Tupperware. Santa greeted all children and fun was had by all.

Also last week, volunteers participated in the Holiday Clearing House 2015 for People in Need, Inc. of Delaware County, which is a private, not-for-profit 501 (C) (3) agency dedicated to providing emergency assistance to Delaware County residents. Volunteers of the event sorted and organized food, clothing and toys for later distribution to families in need and senior and disabled homebound residents.

Wallick Communities is committed to serving all our residents. Through the act of volunteering, our communities are strengthened, our neighbors uplifted, and our associates embrace an attitude and a heart of service.

Local Nonprofits Benefit from Ramada Purchase

Imagine purchasing a hotel that is to be repurposed and having to figure out what to do with the contents of its 150 fully furnished rooms, lobby and restaurant.

Wallick contemplated hiring a company to take everything away but then devised a more creative solution: donate these items to area nonprofits.

This week and next, Wallick will distribute hundreds of items—beds, linens, towels, furniture, appliances and more—to four local charities.

Wallick’s Heart of Service Committee coordinated the effort. Heart of Service is an associate-led group tasked with engaging the company’s associates in giving through service.

Wallick Communities — Finalist for Business First Best Places to Work Award

Two of Wallick Communities’ most important, ongoing business goals are to be a great place to live for our residents and a great place to work for our associates.

We are proud to be named a finalist for Business First newspaper’s “Best Places to Work” in the mid-size business category for the third year in a row. This recognizes the top companies in Central Ohio based on confidential employee satisfaction surveys.

New Team Drives Development Activity Well Above Expectations

Wallick Raises Equity via Opportunity Zone Fund

Wallick Acquires Affordable Housing Portfolio

Wallick Works to Shape Industry Through Advocacy and Education

Wallick Leverages Internal Social Media to Drive Affordable Housing Occupancy

Wallick Completes New, Innovative Memory Care Community

Wallick Continues to Rehabilitate Affordable Communities Across Kentucky

Wallick Builds Management Team to Support Growth

Year in Review: Wallick’s Top Stories from 2017

Wallick Breaks Ground on Third Ashford Community

Wallick Communities: Promoting Affordable Housing Through Advocacy