Established in 1995, Millennia Housing Development, Ltd. (MHD) is the real estate development company within The Millennia Companies® (“Millennia”). MHD’s team of professionals leads Millennia’s efforts to acquire new assets, and recapitalize and redevelop both existing and newly acquired assets utilizing a variety of financing tools.

We are experts in managing complex financing structures including use of tax exempt and taxable bond issues, 4% and 9% Low-Income Housing Tax Credits, state housing tax credits, soft subsidy loans through state and local governments, tax PILOTs/abatements, bridge loans and private equity investments. We work extensively with key government-sponsored entities such as Fannie Mae and Freddie Mac, and work in concert with the Federal Housing Administration (FHA). MHD works creatively and consistently to employ new tools and funding programs to meet our objectives.

Overall, MHD’s goal is to ensure that properties coming into Millennia’s robust and growing portfolio (and properties in our existing portfolio) are (and remain) financially viable. This goal is aligned with Millennia’s overall mission – to serve as a dedicated long-term owner and manager of quality apartment communities – both affordable and market rate.

Featured News

Millennia Apartment Communities Earn 26 Key Awards from the Northeast Ohio Apartment Association

Congratulations to the 2022 Northern Ohio Apartment Association (NOAA) Key Award winners! Recently, NOAA recognized 26 of Millennia's apartment communities with distinctions for overall curb and community appeal. The judging panel conducted on-site visits, scored each...

The Millennia Companies® Welcomes Craig Behm, Vice President of IT

We are excited to announce Craig D. Behm as Vice President of Information Technology. In this role, Craig provides hands-on, visionary, and strategic leadership for the Information Technology (IT) function at The Millennia Companies®. Based in Cleveland, Ohio, Craig...

The Millennia Companies® Adds BJ Everson as Director of Asset Management

The Millennia Companies® (Millennia), a leading multifamily housing development and management firm, is pleased to announce that BJ Everson has been hired as Director of Asset Management at Millennia Housing Management, Ltd. In this role, Everson will focus on...

The Millennia Companies® Receives $40 Million Transformational Mixed-Use Development (TMUD) Tax Credit Award

On March 2, 2022, The Millennia Companies® (Millennia) confirmed that it is the recipient of a $40 million Transformational Mixed-Use Development (TMUD) tax credit award from the Ohio Tax Credit Authority and the Ohio Department of Development for the historic...

The Millennia Companies® Transforms Affordable Housing Development in Kansas City

The Millennia Companies® (Millennia) is pleased to announce that the $11.8 million renovation of 152 affordable homes at Line Creek Apartments, formerly known as Englewood Apartments, is complete. The rehabilitation project transformed once-distressed physical...

The Millennia Companies® Announces Promotion of Angelica Sinito to Vice President

The Millennia Companies® (Millennia) today announced that Angelica Sinito has been promoted to Vice President, effective immediately, in accordance with the enterprise’s long-term strategy. In her new role, Sinito will guide portfolio growth strategy, lead key asset...

The Millennia Companies® Hosts Ribbon Cutting Ceremony at Valencia Way to Celebrate Rehabilitation of Affordable Apartment Developments

Today, The Millennia Companies® (Millennia), a leading company specializing in the preservation of affordable housing, held a ribbon cutting ceremony at Valencia Way to celebrate the substantial rehabilitation of four affordable housing developments in Jacksonville,...

The Millennia Companies® Named No.1 Top Company Completing Substantial Rehabilitations and No.4 Top Affordable Housing Owner in U.S.

The Millennia Companies® (Millennia) is ranked No. 1 on Affordable Housing Finance’s (AHF) annual list for Top Companies Completing Substantial Rehabilitations and No. 4 for Top Affordable Housing Owners in the United States. “This recognition is a result of our...

The Millennia Companies® Announces Michael J. Pico as Chief Human Resource Officer

On May 3, 2021, The Millennia Companies® (Millennia) announced that Michael J. Pico has been named Chief Human Resource Officer. In this role, Pico will provide strategic leadership in the planning and implementation of all human resource functions, including talent...

Millennia Housing Management, Ltd. Hosts Vaccination Clinic at Senior Affordable Housing Development in Carbondale, Illinois

On March 24, 2021, the Millennia Housing Management, Ltd. property management team at Carbondale Towers/ Mill Street Apartments hosted a mobile COVID-19 Vaccination Clinic during which representatives of the National Guard and Jackson County Health Department (JCHD)...