Roberts Station

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Roberts Station will provide 50 newly constructed 9% Low-Income Housing Tax Credit (LIHTC) units for seniors aged 55 and older earning up to 30%, 50%, 60%, and 70% of area median income (AMI) in Canton, Ohio. The project will include one- and two-bedroom garden-style units located within a four-story elevator-equipped building. Roberts Station will offer amenities including a community room with a kitchen, a computer room, a management office, and storage and maintenance rooms. This community will be one of very few affordable senior housing projects in the area.

Rendering of Roberts Station senior housing in Canton

Huntington Community Impact Capital (CIC) is pleased to support the development of this senior living community by providing a $7.8 million construction loan. At stabilization, Huntington’s construction loan will convert to a $1.6 million permanent loan.

The Sponsor, Pivotal Housing Partners (“Pivotal”), is based in Cincinnati, Ohio. Pivotal has over 25 years of experience in developing, acquiring, and managing affordable housing units. Pivotal’s stabilized portfolio consists of 8,271 units in 128 family and senior projects. Pivotal develops and operates in 15 states, with a large portion of the properties concentrated in Ohio.

Huntington CIC is proud to partner with Pivotal and continue to support its mission of “Building Strong Communities for Brighter Futures” through our investment and lending platforms. Roberts Station is Huntington CIC’s sixth new project with Pivotal since 2021. Huntington CIC is also working with Grow America to capitalize a multi-investor fund (the “Grow America Fund”) that will provide equity capital to this project.

Together, we are building a brighter future for senior residents in need of quality affordable housing in this Canton, Ohio community.