Developed in collaboration with University Settlement, a non-profit organization that has served the residents of the Broadway-Slavic Village area for more than 90 years, Slavic Village Gateway will feature 78 apartments and 10 townhomes in its first phase, including 23 affordable residences that are supported by The Ohio Housing Finance Agency's Housing Tax Credit program designed to increase the supply of quality, affordable housing for low- to moderate-income renters.
Located at 5163 Broadway Avenue, 5115 at The Rising represents the largest capital investment made in the Broadway-Slavic Village area in more than 25 years. The community will provide a new home for University Settlement, which will relocate its offices to a 20,000-square-foot commercial space on the building's ground floor, helping to support the organization's goals of economic rebirth, and community revitalization and preservation.
Affordable 9% LIHTC
We're excited to work with The NRP Group on 5115 at The Rising to improve the Broadway-Slavic Village area, while continuing to honor the community's inclusiveness. University Settlement has been active in this area dating back to 1926, and our mission has always been to provide the local community with exactly what they need to live and thrive. We are confident that 5115 at The Rising will do just that.