Alpha Towers

Alpha Towers is a 165-unit, 100% project-based Section 8 senior building in Toledo, Ohio. The acquisition and rehabilitation is financed by tax-exempt bonds issued by the Toledo Port Authority, 4% Low Income Housing Tax Credits allocated by the Ohio Housing Finance Agency, and a real estate tax abatement program provided by the City of Toledo. Alpha Towers was selected as one of 28 awardees in the inaugural Elements cohort of HUD’s Green and Resilient Retrofit Program (“GRRP”), which provides funding through direct loans/grants to support the addition or preservation of specific green and resilient scope-of-work items.