Grant provides senior residents 6 months free rent - Cleveland 19 News Cleveland, OH

Grant provides senior residents 6 months free rent

Jennifer Moran explains how seniors can live rent free the first six months at Villa Serena. (Source: WOIO) Jennifer Moran explains how seniors can live rent free the first six months at Villa Serena. (Source: WOIO)
MAYFIELD HEIGHTS, OH (WOIO) - Villa Serena, the senior housing complex built in 1967 in Mayfield Heights, is about to get a $9.7 million makeover. 

Vesta Corp., the owner of Villa Serena, received a federal grant to pay for the makeover. The grant, given through HUD, is called a Senior Preservation Rental Contract

Jennifer Moran, from Vesta, says the makeover is all encompassing. 

"All the life and safety areas, as far as the roofs and the elevators and within the apartments, we're going to have new cabinets, new kitchens, new bathrooms, carpets, walls, everything," she said. 

By taking the federal grant, Villa Serena will now offer reduced rents at a maximum of 30 percent of an individual's income. The next 30 seniors have to be 62 or older. When they move in, they will live the first six months rent free. 

But Moran says the deal won't last long. 

"There is a great need. Our phones are ringing off the hook," she said.

Current residents also qualify for the reduced rents and will not be displaced during construction, but will be required to leave their apartments during the day. Villa Serena plans on hosting those residents during the day in a community room.

The grant was one of only 17 awarded nationally, and along with renovations, the grant will pay for Villa Serena to hire a full-time resident services coordinator.

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