Woodhill Homes Announces Financial Closing and Start of Construction

(EZ Newswire)


CLEVELAND, OH -- The Cuyahoga Metropolitan Housing Authority (CMHA), the City of Cleveland, and The Community Builders (TCB) are pleased to announce the financial closing and start of construction on Woodhill Homes, Woodhill Center East, a $33.4 million development located in Cleveland, Ohio. This project is the second phase of the Buckeye-Woodhill Choice Neighborhoods Implementation and will create 77 quality affordable housing units for families and revitalize the Buckeye-Woodhill community. Marous Brothers Construction is moving equipment onto the site and construction is set to begin soon.

The Buckeye-Woodhill Transformation Plan is supported by more than 200 collaborative and community partners, including CMHA, the City of Cleveland, and TCB, who are leading the transformation and revitalization of Woodhill Homes and the surrounding Buckeye-Woodhill community.

In 2021, the Department of Housing and Urban Development (HUD) awarded a $35 million Choice Neighborhoods Implementation Grant to CMHA and the City of Cleveland to support the Buckeye-Woodhill Transformation Plan and ensure that equitable neighborhood development in Cleveland becomes a reality in the southeast Cleveland neighborhood.

"This second phase accelerates the momentum of the project and its transformational change for the neighborhood, bringing economic growth with new housing, streets, and public space," said Council President Blaine A. Griffin, whose ward includes this second phase. "This project is so important to the neighborhood, which is why I sponsored legislation for the city to provide a $5 million loan with American Rescue Plan Act funding to this portion of the project to ensure these early phases of the project are successful. I know there are more phases to the project that need to be completed, but it's exciting to know that when they are, not only will the neighborhood be changed, but families and residents there will be provided resources and support to succeed."

"We are excited to soon begin construction on Woodhill Center East, which will bring 77 beautiful, modern, affordable housing units to the Buckeye-Woodhill neighborhood," said CMHA CEO Jeffery K. Patterson. "We appreciate the hard work, support, and continued engagement of the community partners and stakeholders, who have helped make this Woodhill Center East development happen. This second phase of development continues CMHA's efforts to build sustainable, thriving communities throughout the City of Cleveland and Cuyahoga County, and we are proud of the contribution our development has made toward the overall revitalization of the Buckeye-Woodhill community."

"The Community Builders is proud to deliver on Woodhill Center East, the newest phase of the Woodhill Choice Neighborhoods transformation. This milestone marks our continued commitment to the promise of a stronger Woodhill neighborhood, ensuring that Cleveland residents and their families have accessible and affordable housing options," said Jeff Beam, Regional Vice President of The Community Builders. "On behalf of our organization, I extend my deepest thanks and well-earned congratulations to the many partners and leaders who made this development possible, including CMHA, the City of Cleveland, Council President Blaine Griffin, our funding partners, and most especially the residents of Woodhill."

Woodhill Center East will be developed with financial support from the City of Cleveland, the United States Department of Housing and Urban Development (HUD), the Ohio Housing Finance Agency, Ohio Capital Corporation for Housing, and Lument. The project includes the construction of 77 units of mixed-income rental housing, as well as the renovation of existing apartments to create an additional 35 units of mixed-income rental housing. The development will also include a new community center, a park, and other amenities.

For more information, visit https://www.woodhillhomescle.com.

About CMHA

The Cuyahoga Metropolitan Housing Authority’s (CMHA) mission is to create safe, quality, affordable housing opportunities and improve the quality of life for the communities we serve. CMHA owns and manages property and administers rent subsidy programs to provide eligible low-income residents and families with safe, sustainable, dynamic communities of choice where everyone can strive for success. Visit www.cmha.net and follow @CuyahogaHousing on Facebook, Twitter, Instagram, LinkedIn, and YouTube.

About the City of Cleveland

The City of Cleveland is committed to improving the quality of life for its residents by strengthening neighborhoods, delivering superior services, embracing diversity, and making Cleveland a desirable, safe city in which to live, work, play, and do business. For more information on the City of Cleveland, visit www.clevelandohio.gov or follow @CityofCleveland on Twitter, Facebook, Instagram, and LinkedIn.

About TCB

The Community Builders’ mission is to build and sustain strong communities where all people can thrive. Our mission-driven businesses work with partners to develop, finance, and operate residential communities, neighborhood amenities, and opportunity programs for families, seniors, and adults with disabilities. Since 1964, we have advanced housing equity through award-winning affordable and mixed-income communities and our pioneering Community Life model for resident success. Today, our ownership and management portfolio includes over 14,000 apartment homes. Anchored by offices in Boston, Chicago, Columbus, New York, and Washington D.C., we operate across 15 states.

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SOURCE: Woodhill Homes

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