KeyBank Community Development Lending and Investment (CDLI) provided $11.3 million for nine percent tax credit equity to finance the new construction of Garrett Square Apartments, a 49-unit affordable seniors housing project located in the Glenville neighborhood of Cleveland, OH. KeyBank will provide a $9 million construction loan and a $2.3 million permanent loan. Additional permanent financing sources include secondary soft loans of $1.7 million provided through the City of Cleveland’s American Rescue Plan Act, $900,000 from City Home, and $450,00 from the County ERA fund. Garrett Square is a four-story midrise building available to seniors aged 55 and older. The project is partially subsidized with 19 units (39 percent of the total units) supported by 20-year Project Based Vouchers provided through Cuyahoga Metropolitan Housing Authority (CMHA).