Tender Mercies is pleased to announce that it has received an allocation of 9% Low Income Housing Tax Credits to develop additional housing to serve homeless adults with histories of mental illness. The 9% Low Income Housing Tax Credit program is administered in the State of Ohio by the Ohio Housing Finance Agency.
This highly competitive process helps developers increase the supply of affordable housing. Tender Mercies is partnering with Over The Rhine Community Housing as co-developer on this project. Additional members of the Development Team include:
Ohio Capital Corporation for Housing, syndicator
Turnbull-Wahlert, general contractor
The 821 Flats will be a permanent supportive housing project located at 821 Ezzard Charles Drive in the West End neighborhood of Cincinnati, Ohio. The project will be a new construction building on the site of an existing, non-historic vacant YMCA that will be demolished. It will consist of 57 units of permanent supportive housing for individuals coming out of homelessness with mental illness.