Senior housing development in Sylvania Township holds grand opening

MILLER-VALENTINE GOUP

The Residenz after it's grand opening in Sylvania Township. THE BLADE/ZACK CONKLE Enlarge | Buy This Photo

It is being called Sylvania Township's newest affordable housing community: The Residenz of Sylvania

The grand opening for the Residenz of Sylvania was held today on site at 3316 Percentum Rd. behind the Giant Eagle store. It was developed by Miller-Valentine Group and Preferred Properties Inc.

It is a 51-unit rental housing development which has garden-style apartment homes built for residents over the age of 55. Residents can use Low Income Housing Tax Credits.

Miller-Valentine partnered with Preferred Properties, Ohio Capital Corporation for Housing, KeyBank, Ohio Housing Finance Agency, and Sylvania Township, according to a Miller-Valentine. The Residenz was completed using the federally funded, state managed housing tax credit program.

The development created about 60 jobs and generated more than $4.5 million for the local economy, Miller-Valentine said

For information about the housing, call 1-800-329-7368, send an email to yournextplacetolive@mvg.com, or visit this Web site: YourNextPlacetoLive.com.

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