--- title: NCB Provides $5.5 Million For a New Affordable Housing Community in Hillsboro, Ohio description: NCB recently closed a $5.5 million loan to create a new affordable housing community - Fenner Ridge Apartments - in Highland County. image: https://www.ncb.coop/hubfs/FennerRidge-1.jpg --- ## Newsletter Close Close ## You are about to leave the website of National Cooperative Bank and view the content of an external website. We provide links to external websites for convenience. National Cooperative Bank does not endorse and is not responsible for their content, links, privacy or securities policies. Click OK to proceed, click Cancel to stay on this page OK Cancel Close Close ## Press Releases - [National Cooperative Bank (56)](https://www.ncb.coop/press-releases/tag/national-cooperative-bank) - [NCB (18)](https://www.ncb.coop/press-releases/tag/ncb) - [Coop Housing (10)](https://www.ncb.coop/press-releases/tag/coop-housing) - [financial literacy (4)](https://www.ncb.coop/press-releases/tag/financial-literacy) - [ACE Hardware (3)](https://www.ncb.coop/press-releases/tag/ace-hardware) - [Co-op Education (2)](https://www.ncb.coop/press-releases/tag/co-op-education) - [Store Opening (2)](https://www.ncb.coop/press-releases/tag/store-opening) - [consumer education (2)](https://www.ncb.coop/press-releases/tag/consumer-education) - [#BankingOnValues (1)](https://www.ncb.coop/press-releases/tag/bankingonvalues) - [#TogetherForThePlanet (1)](https://www.ncb.coop/press-releases/tag/togetherfortheplanet) - [Co-op 100 (1)](https://www.ncb.coop/press-releases/tag/co-op-100) - [ESOP (1)](https://www.ncb.coop/press-releases/tag/esop) - [Employee Owned (1)](https://www.ncb.coop/press-releases/tag/employee-owned) - [Everfi (1)](https://www.ncb.coop/press-releases/tag/everfi) - [Homeownership (1)](https://www.ncb.coop/press-releases/tag/homeownership) - [Personal Banking (1)](https://www.ncb.coop/press-releases/tag/personal-banking) - [Solar Financing (1)](https://www.ncb.coop/press-releases/tag/solar-financing) [More](https://www.ncb.coop/press-releases/ncb-provides-5.5-million-for-a-new-affordable-housing-community-in-hillsboro-ohio#) ## Press Releases - [National Cooperative Bank (56)](https://www.ncb.coop/press-releases/tag/national-cooperative-bank) - [NCB (18)](https://www.ncb.coop/press-releases/tag/ncb) - [Coop Housing (10)](https://www.ncb.coop/press-releases/tag/coop-housing) - [financial literacy (4)](https://www.ncb.coop/press-releases/tag/financial-literacy) - [ACE Hardware (3)](https://www.ncb.coop/press-releases/tag/ace-hardware) - [Co-op Education (2)](https://www.ncb.coop/press-releases/tag/co-op-education) - [Store Opening (2)](https://www.ncb.coop/press-releases/tag/store-opening) - [consumer education (2)](https://www.ncb.coop/press-releases/tag/consumer-education) - [#BankingOnValues (1)](https://www.ncb.coop/press-releases/tag/bankingonvalues) - [#TogetherForThePlanet (1)](https://www.ncb.coop/press-releases/tag/togetherfortheplanet) - [Co-op 100 (1)](https://www.ncb.coop/press-releases/tag/co-op-100) - [ESOP (1)](https://www.ncb.coop/press-releases/tag/esop) - [Employee Owned (1)](https://www.ncb.coop/press-releases/tag/employee-owned) - [Everfi (1)](https://www.ncb.coop/press-releases/tag/everfi) - [Homeownership (1)](https://www.ncb.coop/press-releases/tag/homeownership) - [Personal Banking (1)](https://www.ncb.coop/press-releases/tag/personal-banking) - [Solar Financing (1)](https://www.ncb.coop/press-releases/tag/solar-financing) [More](https://www.ncb.coop/press-releases/ncb-provides-5.5-million-for-a-new-affordable-housing-community-in-hillsboro-ohio#) Topics Subscribe # NCB Provides $5.5 Million For a New Affordable Housing Community in Hillsboro, Ohio May 9, 2022 ![NCB Provides $5.5 Million For a New Affordable Housing Community in Hillsboro, Ohio](https://www.ncb.coop/hubfs/FennerRidge-1.jpg) Hillsboro OH - (May 9, 2022) – National Cooperative Bank (NCB), a leading financial institution which provides banking products and services in Southern Ohio and is dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, recently closed a $5.5 million loan to create a new affordable housing community in Highland County. NCB provided the loan to Ohio Capital Finance Corporation (OCFC), which was formed in 2002 as the nonprofit lending affiliate of Ohio Capital Corporation for housing. OCFC provides flexible financing products and utilizes partnerships for the expansion and preservation of affordable housing. Their most recent project, Fenner Ridge Apartments, is a 56-unit, new-construction, mixed-income development in Hillsboro, Ohio. The development will include 12 one-bedroom, 28 two-bedroom and 16 three-bedroom apartments, in three residential buildings and one community building. “NCB has a mission to support affordable housing initiatives nationwide,” stated Deb Jones, Co-President, Ohio Region. “We are proud to work with Ohio Capital Finance Corporation on the development of Fenner Ridge and know that it will have a positive impact in our local community.” Additionally, to further support the community, NCB has funded a $25,000 contribution to provide a playground for the property. Construction is currently underway for the Fenner Ridge project and a completion date is to be determined. - [NCB](https://www.ncb.coop/press-releases/tag/ncb) Related Posts ![SSCC Awards NCB Minority Excellence Scholarship](https://www.ncb.coop/hubfs/2023-SSCC%20NCB%20Photo%20(1).svg) 15 Aug 2023 SSCC Awards NCB Minority Excellence Scholarship [Read Post ](https://www.ncb.coop/press-releases/sscc-awards-ncb-minority-excellence-scholarship-1) ![National Cooperative Bank Honors Michele Fantt Harris and Rick Reed With Prestigious 2022 Spirit of Cooperation Award](https://www.ncb.coop/hubfs/Spirit%20of%20Cooperation%20Award%20(1).svg) 12 May 2022 National Cooperative Bank Honors Michele Fantt Harris and Rick Reed With Prestigious 2022 Spirit of Cooperation Award [Read Post ](https://www.ncb.coop/press-releases/national-cooperative-bank-honors-michele-fantt-harris-and-rick-reed-with-prestigious-2022-spirit-of-cooperation-award) Media Contacts #### Mary Alex Blanton Senior Vice President [703.302.8876](tel:7033028876) #### Heather Cummings Vice President [937.393.6429](tel:9373936429) ## Stay Informed Stay informed about NCB and how we impact communities nationwide. 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