News Summary
GLH Capital, led by Ron Carson, has announced a plan to build 2,000 affordable homes in Northeast Ohio within five years, utilizing innovative construction methods. The initiative addresses the pressing need for affordable housing, with local approvals already in place for 15 homes. The project aims to provide quality living options while leveraging unique construction materials and methods, with an emphasis on affordable pricing to meet community needs.
Northeast Ohio
Ron Carson, vice president of operations for GLH Capital, has unveiled an ambitious plan to construct 2,000 affordable, high-quality homes in Northeast Ohio over the next five years. This initiative is bolstered by associate broker Mike Ferrante of 21 Mike Team and James Casper, founder of Baya Build, highlighting a commitment to addressing the growing need for affordable housing in the region.
GLH Capital’s housing project will use a novel construction method called “panelized homes,” which allows for off-site construction to take place over a period of eight weeks. The homes will be built using a proprietary insulated concrete mix, a material more prevalent in Europe but rare in the United States. This concrete mix boasts several advantages, including:
- An R-value of 30, surpassing the R-20 minimum typically required for homes.
- A strength that is double that of conventional concrete.
- The ability to be shaped into designs resembling traditional building materials such as brick or lap siding.
The assembly of homes will take place at the Pompili Precast Concrete factory in Garfield Heights, which GLH Capital is in the process of acquiring and expanding to support this venture. Notably, these homes will not include basements, and their assembly is expected to be completed on-site within just a few days.
Each home in this innovative project is anticipated to be listed around $275,000. However, a model home that was previously sold in Parma fetched a price of $319,075, which was above the initially proposed price point. GLH Capital is entering the project with $40 million in assets, indicating strong financial backing and a lack for the need for outside funding for its initiatives.
Approval has already been granted from both Maple Heights and Warrensville Heights for the construction of 15 homes, responding to the urgent demand for affordable, quality housing in these communities. Maple Heights Mayor Annette Blackwell has emphasized the importance of providing diverse housing options in the region. Simultaneously, Nicole Harris, the economic development director of Warrensville Heights, underscored Carson’s dedication to delivering affordable homes in light of escalating housing costs.
While the $275,000 price point exceeds the median home price in both Maple Heights and Warrensville Heights, the project is viewed as a critical step towards enhancing housing availability. Carson has aspirations to replicate his housing model in historically disadvantaged communities throughout the nation, reflecting a broader vision for affordable housing accessibility.
Prior to leading this project, Carson served as Director of Advance at the U.S. Department of Housing and Urban Development during the Biden administration, where he played a role in developing strategies for affordable housing. Construction is scheduled to commence in early 2026 for the homes in Maple Heights and Warrensville Heights, contingent on the operational readiness of the associated factory.
As GLH Capital sets forth on this bold venture, the community remains hopeful that it will serve as a blueprint for addressing housing disparities across the region and beyond.
Deeper Dive: News & Info About This Topic
HERE Resources
Ohio Pig Farmers Collaborate with Cleveland Browns to Support Veterans
Northeast Ohio Families Struggle with Rising Grocery Prices
Parkside Commons to Undergo Major Redevelopment
Cleveland Foundation Launches Ambitious Impact Agenda
Cleveland Proposes Selling Naming Rights for Parks
US Bank Expands Market Share in Ohio Amid Branch Closures
Cleveland Housing Investment Fund Launches with New Projects
Cleveland Celebrates Growth at Crain’s Fast 50 Event
Evanston/Skokie District 65 Considers School Closures
Cleveland Moves to Second in Global Housing Affordability
Additional Resources
- Crain’s Cleveland: Cleveland Investor Plans 2,000 Affordable Homes Using Concrete Panels
- Wikipedia: Affordable Housing
- Crain’s Cleveland: Cleveland Investor Plans 2,000 Affordable Homes Using Concrete Panels
- Google Search: Affordable Housing Ohio
- Crain’s Cleveland: Cleveland Investor Plans 2,000 Affordable Homes Using Concrete Panels
- Google Scholar: Affordable Housing Construction Methods
- Crain’s Cleveland: Cleveland Investor Plans 2,000 Affordable Homes Using Concrete Panels
- Encyclopedia Britannica: Affordable Housing
- Crain’s Cleveland: Cleveland Investor Plans 2,000 Affordable Homes Using Concrete Panels
- Google News: Affordable Housing Northeast Ohio
Author: STAFF HERE CLEVELAND WRITER
The CLEVELAND STAFF WRITER represents the seasoned team at HERECleveland.com, your premier source for actionable local news and information in Cleveland, Cuyahoga County, and beyond, delivering "news you can use" with in-depth coverage of product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news impacting the region—backed by years of expert reporting and robust community input, including local press releases and business updates, while providing top reporting on high-profile events like the Rock and Roll Hall of Fame inductions, Cleveland International Film Festival, and holiday parades, alongside key organizations such as the Cleveland Clinic, Cleveland Orchestra, and Great Lakes Science Center, plus leading businesses in manufacturing and healthcare like Sherwin-Williams and University Hospitals, and as part of the broader HERE network including HEREDayton.com, offering comprehensive, credible insights into Ohio's vibrant landscape. HERE Cleveland HERE Dayton
