Blanchard Valley Health System Looking At Building Low Income Housing

03/06/19 – 2 A.M.
UPDATE – 3/7/19 – 10:32 A.M. (Clarifies that the application for funding is still pending.)

Blanchard Valley Health System is partnering with Penrose Holdings, LLC to potentially build two new housing developments in Findlay. The companies sent a notice to Findlay City Council about the plans. One plan is for a retirement community called Eastern Woods Senior and the other is called Eastern Woods Family.

Both developments would feature low-income housing options. The plans have the developments located near the Birchaven Village campus.

Findlay Safety Director Paul Schmelzer said the plans are still young. He added that companies building low-income housing and using Ohio Housing Finance Agency funding have to give notices before moving forward.

BVHS and Penrose have submitted for funding from the Ohio Housing Finance Agency and are awaiting word on if the agency will award them money to move forward.