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

The Millennia Companies® Closes on $32.5 Million in Financing for the Rehabilitation of Linden Terrace in Harrisburg

The Millennia Companies® (Millennia) has closed on $32.5 million in financing for the acquisition and renovation of 124 units of affordable housing for seniors and persons with disabilities at Linden Terrace in Harrisburg, Pennsylvania. The rehabilitation includes a...

The Millennia Companies® ranks #38 in National Multifamily Housing Council Awards

National Multifamily Housing Council Awards - We are proud to announce that The Millennia Companies® has earned national recognition by making the National Multifamily Housing Council’s (NMHC) 2023 NMHC 50, the annual ranking of the nation’s largest apartment owners,...

Kansas City Teams Respond to Fire at Gabriel Tower

Last month, property management teams from various apartment communities in Kansas City came together to respond to a fire that occurred at Gabriel Tower. Fortunately, there were no injuries reported; however, the event created a stressful and difficult situation for...

Moore Manor Team Perseveres Through Devastating Tornado in Mississippi

On March 24, 2023, a destructive tornado swept across Mississippi, wreaking havoc on many communities, including Moore Manor. Media outlets reported that the storm caused more than 26 fatalities in two states; thankfully, the Moore Manor staff and residents were not...

Children at Azure Estates to Receive Every Wish on Their Christmas List

Millennia Housing Management, Ltd. (MHM) partnered with non-profit, faith-based, and business organizations to wrap and distribute more than 1,000 donated Christmas gifts for families at Azure Estates, formerly Stonybrook Apartments, in Riviera Beach, Florida. From...

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® 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...