August 6, 2019
St. Joseph’s Commons will consist of 68 total rental units of permanent supportive housing for individuals and families in a single building located in the historic Ohio City neighborhood of Cleveland. The project was awarded 9% Low Income Housing Tax Credits by the Ohio Housing Finance Agency. Located at 2254 West 25th Street, the newly constructed units will replace an existing 60 unit shelter in the same neighborhood that has been operated by Front Steps Housing and has reached its effective useful life. The units will be made available to homeless and formerly homeless individuals and will follow the nationally recognized Housing First model. Rental assistance for the tenants will be provided by several different housing voucher programs with rents targeted to 30%, 50%, and 60% AMI. Front Steps is partnering with PIRHL Developers, LLC to develop and complete the project with new construction anticipated to be completed in late summer 2020.
Development Partners: Front Steps Housing and Services, Inc. & PIRHL Developers, LLC
NDC LIHTC Equity Investment: $9,499,050
Total Development Cost: $14,041,515