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Developers notify county of planned 134-unit project; funding sources listed
Summary
County staff entered a letter from Saint Mary's Development Corp. showing plans to use federal housing tax credits, Ohio housing development loan and Ohio development assistance for a proposed 134-unit project in Clinton Township; the board said the record shows planned funding but did not state approval status.
The board recorded an updated letter from Saint Mary's Development Corp. about a proposed North Of Vernon project in Clinton Township described in the filing as a 134-unit development. County staff said the developer indicated planned financing would include federal housing tax credits, Ohio housing development loans and Ohio development assistance programs, and commissioners noted the application letter indicates funding sources but does not confirm awards or approvals.
Commissioners and staff discussed the project's location (the old Snyder's site) and whether the funding had already been received; staff said the notice shows how the developers plan to finance the project but that it doesn't affirm that awards have been finalized. One commissioner noted the project had been described as senior housing in prior public remarks.
