Affordable Housing Redevelopment at 4242 Lorain Avenue
Cleveland
Summary
The city is partnering with Pennrose Holdings and Ohio City Inc. to transform the soon-to-be-vacant McCafferty Health Center site into 62 to 72 units of mixed-use affordable housing.
At a glance
- Total mentions
- 4
- Last 30 days
- 3
Last discussed Feb 3, 2026.
Impact analysis
Facilitates securing over $1 million in Federal Home Loan Bank funds and future tax credit financing.
Low- and moderate-income renters in Ohio City seeking quality, affordable housing.
No groups negatively affected
Mentions & discussions (3)
Cleveland trying RFP process to attract housing to land bank lots
Cleveland trying RFP process to attract housing to land bank lots Crain's Cleveland
Development, Planning and Sustainability Committee — February 3, 2026
The city is partnering with Pennrose Holdings and Ohio City Inc. to transform the soon-to-be-vacant McCafferty Health Center site into 62 to 72 units of mixed-use affordable housing.
City of Cleveland Secures Site for Modular Production, Announces Finalists for Transformative Housing Initiative
City of Cleveland Secures Site for Modular Production, Announces Finalists for Transformative Housing Initiative City of Cleveland Ohio (.gov)
Related development
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