Homestead Crossing Apartments Break Ground in Youngstown
The new 120-unit affordable housing project is expected to bring much-needed rentals to the South Side by 2028.
Updated on Oct. 23, 2026 in Apartments
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Developers have broken ground on the $36 million Homestead Crossing Apartments project in Youngstown. The development will transform the former Woodside Hospital site on the South Side into 120 new housing units by 2028.
Why it matters
This project reclaims a property that has been vacant since 2014, providing much-needed affordable housing for local families. It uses public-private tax incentives to revitalize a long-dormant site while addressing local demand for cost-conscious rentals.
The complex features five three-story buildings housing 120 units, with monthly rents ranging from $750 to $1,200. These apartments are reserved for families earning up to 60% of the Area Median Income.
The players
Wallick
A developer specializing in multi-family housing and affordable living communities that frequently partners with local governments.
Youngstown City Land Utilization Program
A municipal initiative that manages the acquisition and repurposing of vacant or abandoned properties for community development.
The details
The development team at Wallick acquired the site through the city land utilization program to jumpstart the revitalization. Financing for the $36 million project relies on a combination of state and federal low-income housing tax credits. Construction will see five three-story structures built on the former Woodside Hospital grounds to support long-term affordability in the neighborhood.
Timeline
The property has remained empty since 2014.
The groundbreaking ceremony for the site took place on October 23, 2026.
Construction is expected to be finished and move-in ready in 2028.
The Home Front
This project mirrors a national trend of leveraging the Low-Income Housing Tax Credit program to rehabilitate derelict urban land for residential use. It marks a significant shift in local land management by returning a high-visibility, long-vacant property to the active housing market.
Prospective renters should monitor city development announcements for future leasing office contact information as the project nears completion in 2028. Families interested in affordable housing programs should track their household income status relative to the 60% Area Median Income threshold.
The takeaway
Reclaiming abandoned hospital sites requires years of coordination, but it creates new residential opportunities for families struggling with rising rental costs. Keep this project on your radar if you are looking for long-term affordable housing options in the South Side neighborhood.
Further reading
For updates on local rental market inventory, visit the Apartments section.
Live Poll
Do you support prioritizing large-scale subsidized housing developments to address housing affordability in your area?
