Innovative apartment complex connects rural workforce to "home"
There were big smiles in the Village of Hebron recently as the red ribbon dropped on Hopewell Cottages’ already-100-percent occupied workforce family housing complex.
A testament to an innovative “All Hands” approach and a brilliant example of public-private partnership, the apartments are located within walking distance of a 600-acre industrial corridor that employs a workforce of more than 4,000. Dovetailing with 12 of Licking County’s 75 largest employers along with three Fortune 500 companies – the Hopewell Cottages community center will provide space for a county-based community improvement corporation, a regional university, and local technical colleges to offer on-site workforce training and development for area residents.
The 10 newly-constructed apartment buildings offer a mix of 1, 2, and 3-bedroom units with attached single-car garages. Special attention was given to environmentally-conscious construction, with Energy Star-rated appliances and lighting, low-flow plumbing, proper insulation, and energy-efficient windows.
Through its Multi-Family Housing Loan Guarantee program, USDA Rural Development provided a $1.5 million guarantee on the project, which also received $900,000 in Low Income Housing Tax Credits and cost more than $10.6 million to complete.
||Obligation Amount||$1,500,000||Date of Obligation||March 2016||Congressional District||Representative Tiberi; Ohio-12||Senator's Last Names||Brown and Portman|