WASHINGTON D.C. – New federal resources will allow for the construction of affordable housing units in Wood County.  U.S. Sen. Sherrod Brown (D-OH) announced today that Harbor Town Senior Residence, LLC in Wood County will receive a $1,450,000 loan from the USDA Rural Development branch’s Rural Rental Housing Guaranteed Loan program. The total cost of the project is expected to be $11,018,359, and will build 69 units of affordable rental housing for residents making less than 50 or 60 percent of the area’s median income.

“It can often be difficult for rural communities to fully fund critical housing or infrastructure projects,” Brown said. “These funds from the Agriculture Department will help Wood County ensure affordable housing options for its residents.”

According to the USDA, the Rental Housing Guaranteed Loan Program supports funding for affordable housing in rural areas, providing safe, market-competitive housing for low income residents. 

Brown is the first Ohioan in over 40 years to serve on the U.S. Senate Committee on Agriculture, Nutrition, and Forestry. He serves as the Chair of the Agriculture Subcommittee on Jobs, Rural Economic Growth, and Energy Innovation.

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