Huntington Bank (Nasdaq: HBAN) joined with the Ohio Capital Corporation for Housing last month to celebrate the recent groundbreaking of a $12 million, new senior community in Central Ohio. Columbus Housing Partnership is developing the new 98-unit independent senior living community in Southeastern Columbus known as Elim Manor. The 98-unit complex, which will offer support services to help seniors sustain independent living, will also be financed through Columbus Metropolitan Housing Authority, U.S. Housing & Urban Development and Franklin County, among other funding sources. The development is eagerly anticipated among aging members of the First Church of God congregation, which has previously partnered with Columbus Housing Partnership to create on-campus single-family affordable rental home living known as Elim Estates. Elim Manor will house income-eligible seniors 62 and older at slightly below standard area rental housing rates.
"Our goal at Huntington has been to bring affordable housing projects stalled by the recession back onto the front burner," said Huntington Bank CEO Steve Steinour . "By investing aggressively to support quality developers like Columbus Housing Partnership, we are already improving community housing opportunities for residents throughout Ohio."
"We are striving to put the goal of ‘aging in place’ within reach of all area seniors regardless of income," said Amy Klaben, Columbus Housing Partnership president and CEO. "We know Elim Manor will provide state-of-the-art living arrangements that, along with integrated support services, will keep seniors independent as long as possible."