State affordable housing trusts provide viable supplemental funding and potential alternatives to federal housing programs, sources that can come in handy if federal budgets are cut.
The revitalization of Downtown Toledo was one of the big aims of ProMedica’s $60 million revamp of an old steam plant there, a project which received both State and Federal Historic Tax Credits. It seems to be working, as apartments in the district now have become the hottest ticket in the city.