Articles About Yellow Springs Home Inc
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Village Council selects low-income housing developer
After finalizing the development agreement with the Village, Woda Cooper will apply to the Ohio Housing Finance Agency for $15 million in federal low-income housing tax credits.
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Village Council approves 2025 budget, exempts senior housing money
In the second-to-last regular Village Council meeting of the year, held Monday, Dec. 2, Council members voted 5-0 in favor of finalizing the $18,102,489 municipal budget for 2025.
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LIHTC project ‘win-wins’ discussed
The latest update on the land, presented at the Nov. 14 school board meeting, is that Morgan Fields have been appraised at $339,000 by Cedarville-based real estate and auction company Sheridan & Associates.
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School board approves sale option for LIHTC project
Mirroring a decision made by Village Council earlier the same week, the YS Board of Education voted 3–2 during a special meeting Thursday, Nov. 21, to approve an option to purchase agreement with the Village of Yellow Springs.
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Village Council to exempt Cascades phase two funding from 2025 budget
According to YS Home, Inc. Director Emily Seibel, the requested $180,000 would help defray phase two costs — which, ultimately, would add six more rentals — including the installation of an underground stormwater detention system, which would serve all eventual 32 units in The Cascades.
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LIHTC, Gaunt Park raise questions
The school district and Village government continue to work together to flesh out the details and possibilities of a proposed 50-unit low-income housing development.
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Village Council likely to issue $113,000 to Tecumseh Land Trust
Approximately 184 acres of contiguous farmland just beyond the western reaches of Village limits are slated to be sold before the end of the year; Tecumseh Land Trust intends to purchase the available properties or work with potential buyers to place conservation easements on the land, thus precluding any future development there.
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YS Home, Inc. breaks ground on The Cascades
Last week, local affordable housing nonprofit YS Home, Inc. broke ground on the first phase of The Cascades, a 32-unit development focused on rental housing for seniors.
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Greene County ESC shows interest in Morgan Fields
In an Aug. 28 letter penned by ESC Superintendent Terry Graves-Strieter and Interim Treasurer Kasey Mahaffey to YS School District leaders, the ESC is considering the purchase of the Morgan Fields to “have the land as a space for our students … for recess and other outdoor activities.
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Village Council’s low-income housing talks press ahead
At the Monday, Aug. 19 regular Village Council meeting, the group agreed to begin the steps of convening an intergovernmental body, as well authorized $12,500 to cover future legal fees — both in the interest of pursuing $15 million in tax credits to build a 50-unit low-income housing development.
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