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FUND PORTFOLIOS




Ohio Capital Corporation for Housing
Harbor Town Senior Residence – Perrysburg, Ohio

Harbor Town Senior Residence is the first senior tax credit development in Perrysburg, Ohio. The $11 million 69-unit new construction development features one-and two-bedroom units with accessible and universal design features, energy efficient design, and modern amenities, including on-site management, a community room with kitchenette, computer center, laundry facilities, fitness and theater rooms, community gardens, picnic shelter and outdoor seating areas. Homes contain a range, carpet, refrigerator, central air conditioning, garbage disposal, dishwasher, window blinds, kitchen pantry, walk-in closets, linen closets, and a breakfast bar. MV Residential Property Management provides service coordination to the residents. Financing includes a combination of Low Income Housing Tax Credits and a Housing Development Loan administered by the Ohio Housing Finance Agency, a construction loan and Permeant USDA 538 financing provided by River Hills Bank, predevelopment loan from the Ohio Capital Financing Corporation and equity investment provided by Ohio Capital Corporation for Housing.


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