Miller-Valentine Group is proud to announce the grand opening of Altoona’s most desirable affordable housing development, Meadow Vista Communities. The ceremony will be held today, Friday, August 9, 2013. A pre-event reception will start at 2:30 pm and the Grand Opening Event will start at 3:30 pm at 1806 28th Avenue SW in Altoona, Iowa 50009.
We are honored to have several distinguished speakers at this event, including: US Senator Chuck Grassley, Skip Conkling, Mayor of the City of Altoona, Steve Van Oort, Supervisor, Polk County, David Vaske, LIHTC Manager, Iowa Finance Authority, Tony Alfieri, Tax Credit Director, RBC Capital Markets, and Tony Applegate, Senior Investment Professional, Nationwide Insurance. In addition, we’ll hear from residents sharing their story about how Meadow Vista Communities has impacted their lives.
Miller-Valentine Group worked with Citi Community Capital, RBC Tax Credit Equity Fund, the Iowa Finance Authority, and the Iowa Economic Development Authority to bring this amazing project to fruition. This brand new smoke-free, pet-friendly community includes both Meadow Vista Parkside and Meadow Vista Senior Villas.
Meadow Vista Parkside is a participant in the Iowa Renter to Ownership Saving Equity Program (ROSE) which allows tenants to save a portion of their monthly rent toward buying a home. It’s a beautiful new community of 59 affordable, single family homes with three and four bedrooms, 2 full baths, attached two-car garages with a washer and dryer included in each residence.
Meadow Vista Senior Villas was designed exclusively for residents 55 years and over. These 2 bedroom rental villas feature one and a half baths, attached garages, and generous closet space with a washer and dryer in every home. These communities’ amenities include a beautiful state of the art clubhouse which features a TV room, computer center, and community room, 24-hour emergency maintenance, and professional on-site management.
Meadow Vista Parkside Single Family Homes and Senior Villas were built as part of the Iowa Housing Finance Agency Tax Credit Program. This federally funded, state managed program allows Miller-Valentine Group to offer these affordably priced homes for seniors and families.
Meadow Vista Communities has provided $7.9 million in income for the local economy. This includes wages for workers and revenue for local proprietors, small businesses, and corporations. In addition, Meadow Vista generated 122 new jobs during its construction for local contractors and sub-contractors.
Jim Fenwick, President of Miller-Valentine Residential Property Management, said “At Miller-Valentine Group we build communities such as Meadow Vista with a vision to provide a high quality of life and peace of mind to each of our residents. We are greatly honored to touch the lives of families in the Altoona area.”
For further information on the grand opening of Meadow Vista Communities, please call Heather Jergens at 727-479-9693 or email us at YourNextPlaceToLive@mvg.com, or visit YourNextPlacetoLive.com.