PROJECTGRANT FUNDING

Villa St. Rose bond financing

Ohio Housing Finance Agency
Detected
Jul 16, 2026
111 days ago
Sector
Capital Projects
Est. value
Free account
Detected 111 days agoJul 16

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THE 30-SECOND BRIEF

What's planned

The Ohio Housing Finance Agency approved issuance of up to $13.5 million in multifamily housing revenue bonds for the Villa St. Rose of Kirby Manor senior housing project in Cleveland. Proceeds will fund acquisition, rehabilitation, and equipping of a 147‑unit affordable senior housing facility owned by Kirby Manor (TC2) Senior Housing Limited Partnership. This signals a funded rehab program where design, construction, and housing-focused professional services firms can support delivery and compliance activities around the bond-financed work.

Background

Bonds will be sold on a negotiated basis to KeyBanc Capital Markets, with KeyBank as Funding Lender and a trustee to be named in the Indenture. Project will be subject to a Land Use Restriction Agreement for affordable housing compliance.

From the meeting

Meeting date
July 16, 2026
Agency
Ohio Housing Finance Agency

Questions about this project

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When will Ohio Housing Finance Agency issue an RFP for this project?

Pre-RFPs typically surface 6–18 months before a formal solicitation is published. Civic IQ tracks Ohio Housing Finance Agency's meeting records, agendas, and budgets continuously and updates this pre-RFP as the project moves through the buying cycle toward an RFP.

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