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Residential
Workforce Housing
At least 10 of the thirty-three residential condos will be purchased by SCA from an investment by the Kendeda Fund, a philanthropic partner in this project. These units will be held as rentals affordable for moderate-income residents. Rent and utilities will be no more then approximately 30% of the applicants income. Workforce housing will be invisibly integrated into the development, with subsidized and unsubsidized units of the same quality intermixed.
Our goal is to create a high quality environment that attracts affluent residents to downtown Oberlin, while also being accessible to moderate-income residents who would not otherwise be able to live there. In this way, people of all incomes can reap the benefits of high-performance green building: saving money on their electric and gas bills while living close enough to downtown jobs, goods, and services that they seldom need to drive to meet their daily needs.
If you would like to discuss how to qualify for workforce housing and are interested in being part of the East College Street Project community please e-mail or call us at 440 574 9527.