SYLVANIA TOWNSHIP, OH (Toledo News Now) - The Residenz at Sylvania held its grand opening Friday. The housing community is located just off of Central Ave. in Sylvania Township.
Residents, developers, local businesses and politicians gathered to welcome the new residency.
"It's really been incredible. More $5.2 million of economic development took place here. We created 62 jobs," said Jim Fenwick, President of Residential Property at Miller-Valentine Group.
Miller-Valentine Group unveiled the new affordable housing community to a crowd of people.
"All the amenities that it has are beautiful, particularly for the elderly," said resident Richard Clark.
The 51-unit rental community was built specifically for people 55 years and older. It is the first in Sylvania Township to do so for low income housing tax credits.
"We want to give people a great quality of life and peace and comfort. I've got a mother who is 82 years old, and I look at a property like this, and I think I would for my mother to live in a community like this," said Fenwick.
Rent goes from about $600 to $700 for people who have less than $26,000 a year.
New resident JoAnn Parker is parker is planning for her first gathering in her new apartment.
"That's exciting. We're going to have our first Thanksgiving Day in my apartment, and I'm thrilled," said Parker.
Most units are taken but there are four apartments still available.
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