06/25/2026

McGregor Foundation Project Wins OHFA Approval

LeadingAge Ohio congratulates McGregor Foundation on a major housing milestone. The Ohio Housing Finance Agency Board has approved financing for McGregor Landing, a new development in Elyria that will create 115 affordable housing units for older Ohioans. McGregor Foundation is partnering with CHN Housing Partners on the project, which received approval for up to $17.63 million in Multifamily Revenue Bonds along with 4% Low-Income Housing Tax Credits, Ohio Low-Income Housing Tax Credits, and a Housing Development Loan.

This investment is welcome news for Ohio’s aging services sector and for older adults who need affordable housing options rooted in community. McGregor Landing reflects the kind of mission-driven work that expands access, supports stability, and helps older Ohioans find housing that meets their needs. LeadingAge Ohio is proud to see McGregor Foundation recognized through this approval and looks forward to the impact this development will have in Lorain County.