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Great Lakes

Our communities spark economic opportunity in cities across Michigan and the Ohio Valley.

2,463

Homes Owned Or Managed

$435.5M

Total Investments

100%

Of Resident Teens Are In School

Avondale

Cincinnati, OH

Mixed-Use Development

Residences Avondale Town Center
Great Lakes / Avondale

119

Homes

$170M

Investment

75K

Sq. Ft. Commercial Space

National Association of Home Builders

2021

Affordable Housing Finance Readers’ Choice Award

2020

In partnership with local stakeholders, TCB leveraged a $29.5 million HUD Choice Neighborhoods Implementation grant up to $100 million in development to revitalize the Reading Road corridor in the heart of Cincinnati’s Avondale community.

The transformation includes low-income housing, historic tax credit equity, tax exempt bonds, and choice funds in four development phases. Featuring 319 restored or newly constructed mixed-income apartments and 75,000 square feet of commercial space, the redevelopment provides residents easy access to basic retail services.

Redevelopment of Reading Road in Cincinnati included low-income housing, historic tax credit equity, tax exempt bonds, and choice funds in four development phases.”

Cascade Village

Akron, OH

Neighborhood Transformation

Great Lakes / Cascade
Great Lakes / Cascade

686

Homes

$180M

Investment

2009

Completion

In partnership with the Akron Metropolitan Housing Authority and utilizing HUD HOPE VI grants, TCB transformed the former Elizabeth Park Homes (the city’s oldest public housing site) into Cascade Village. The project is a mixed-income community with 242 newly constructed rental apartments, new infrastructure improvements, and a comprehensive resident services initiative.

Working with Cincinnati Metropolitan Housing Authority, TCB also implemented an eight-phase, $180 million revitalization of two adjacent, highly distressed public housing projects in Cincinnati’s West End. The resulting mixed-income community consists of 686 rental apartments, homeownership townhouses, and ground floor commercial space.

Commodore Apartments

Cleveland, OH

Preservation

Great Lakes / Commodore
Great Lakes / Commodore

198

Homes

$40M

Investment

2021

Completion

Redevelopment of Commodore Apartments in Cleveland’s University Circle preserves vital affordable apartments in a thriving neighborhood.

The development comprises the full renovation of 198 mixed-income residential units, including 54 market units and the long term preservation of 144 HUD subsidized apartments and 54 market-rate units.

The project utilizes low income housing and historic tax credit equity and a HUD 221(d)4 permanent loan.

WHERE WE WORK