3 area housing projects funded by state agency

2/21/2008

COLUMBUS - The Ohio Housing Finance Agency at its monthly meeting yesterday approved $10.6 million in funding for 11 projects, including three in northwest Ohio.

HHWP Community Action Commission will receive more than $1.5 million in loans to build 36 single-family, lease-purchase homes in the Hancock County village of Rawson.

American Community Developers Inc. will receive a $250,000 loan toward construction of its 48-unit senior community in Toledo called the Lakewoods, Phase II.

The NorthRiver Development Corp. in Toledo will receive $1.25 million in loans to build 24 four-bedroom, single-family, lease-purchase homes, part of a project called United North School Homes.