Articles About affordable senior housing
Questions about the impact of a proposed apartment building on Village infrastructure, area traffic and local seniors were addressed at Village Council’s final meeting of the year on Dec. 17.
Created in 1989, St. Mary Development Corporation grew from a partnership between a Catholic nun and a Centerville parishioner. Within a few years, they had purchased their first site for affordable senior housing. For the pending Yellow Springs project, Home, Inc. will provide most of the service component.
A significant senior affordable rental project more than 10 years in the making is moving forward, according to Home, Inc. leaders at a recent community meeting.
A new affordable senior rental housing project has moved closer to reality since Wright State University and Home Inc. agreed that Home Inc. will purchase land currently owned by the university on the south end of town.
At Village Council’s Feb. 5 meeting, Council members united around creating a housing plan as one of the 2018 Council goals.
Yellow Springs has significant gaps in its current housing stock and the housing its citizens will need in upcoming years.
In the latest bid to acquire the former Wright State Physicians Clinic property on Xenia Avenue, Yellow Springs Home, Inc. and Miami Township are partnering on a joint venture to site both affordable senior housing and a new fire station in town.
A second purchase option for the Barr property arose over the summer after funding for its development with senior apartments fell through.
The senior apartment development proposed for the Barr property received a boost last week when the Morgan Family Foundation committed $250,000 to help finance some of the units.
The Morgan Family Foundation has given a major gift to Home, Inc. to support the construction of senior apartments on the Barr Property.