Pivotal and YNDC to build $19 million affordable housing project in Youngstown
What happened
Pivotal Housing Partners and the Youngstown Neighborhood Development Corp. are collaborating on the Wick Lofts project in Youngstown. The plan is to build a $19 million, 63-unit affordable housing apartment building on the city's North Side. Construction is scheduled to begin in spring 2027 and is expected to take about 15 months to complete.
From vindy.com
Why it matters
The project aims to meet the strong local demand for affordable housing in Youngstown. The four-story building will feature a mix of one-, two-, and three-bedroom apartments and will be energy efficient. The development is financed using conventional debt and federal tax credits.
State officials previously announced funding for a project in Youngstown, which requires review by the State Historic Preservation Office for tax credits.
From vindy.com
Who's involved
- PivotalThe developer and manager of the $19 million affordable housing project in the Youngstown area.
- YoungstownThe city where the new affordable housing project will be built.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- How could Pivotal's affordable housing development in Youngstown affect Mike DeWine?Affordable housing project may support state goals for YoungstownPossible
- How could Pivotal's affordable housing development in Youngstown affect Derrick McDowell?The development may require the Mayor to navigate complex city planning and funding requirements.Possible
- How could Pivotal's affordable housing development in Youngstown affect KitcheN?New affordable housing project may boost Youngstown's economic developmentPossible
Keep exploring
The entities involved
-
Pivotal
company in Madrid, Spain
Nothing else this week.
-
Youngstown
county seat of Mahoning County, Ohio, United States
Nothing else this week.