Omega Community Development Copr. and MVHA Partners team up to construct a four-story, 81 unit apartment building on former United Theological Seminary grounds.

After losing Good Sam, northwest Dayton lands $13M senior housing project

A more than $13 million senior housing project seeks to bring new investment to a part of northwest Dayton still reeling from the closure of Good Samaritan Hospital.

Omega Community Development Corp. and MVHA Partners are teaming up to construct a new, four-story apartment building offering 81 units for people 55 and older.

The new building will go up just south of Roberts Hall on the former United Theological Seminary campus, which is home to the Omega CDC and is expected to welcome a new Hope Center for Families in the not-too-distant future.

RELATED: KeyBank makes large donation to Hope Center for Families

West Chester-based MVHA Partners and Omega CDC have received more than $12.3 million in housing development tax credits to help build the new senior housing along Cornell Drive near the intersection of Catalpa Drive.

The site is on the old 35-acre United Theological Seminary campus in the Dayton View Triangle Neighborhood. The project is in Omega CDC’s Harvard campus revitalization plan area.

The housing will offer independent living options for seniors. The units, a mix of one and two bedrooms, will have income restrictions: 80 percent of adjusted median income for Montgomery County.

The Omega Senior Lofts will have 18,254 square feet per floor. Amenities include a community room with kitchenette, a computer area, fitness center, gazebo and outdoor areas.

The project applied for state funding in February 2018. The Ohio Housing Finance Agency awarded the project tax credits in June.

Construction on the housing is expected to begin later this year or possibly in early 2019. The units should be completed in spring 2020, officials said.

MORE: Agencies seek to build two $8M centers in Dayton to fight poverty

The Omega Senior Lofts is just part of the vision for the United Theological site.

Omega CDC is less than $1 million away from its $4 million fundraising goal to build the Hope Center for Families, which will offer training, education, child care and other community activities and programs, supporter say. This newspaper has reached out to the Omega CDC for comment and will update the story when they respond.

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