Meet Our Development Team
Frank T. Sinito, President
Frank is the President and founder of Millennia Housing Development, Ltd. which he started in 1995. Frank’s experience ranges from acquiring, managing, developing and constructing affordable housing projects, to acting as the general contractor for the rehabilitation of conventional and subsidized residential housing along with developing a commercial property. He has utilized his education and experience in all financial aspects of real estate development. He has used conventional and insured financing and Low Income Housing Tax Credits (LIHTC’s) to develop properties since 1988.
John joined the organization in 1999 and serves as the Chief Financial Officer for Millennia Housing Management, Ltd., Millennia Housing Development, Ltd. and American Preservation Builders, LLC. He is responsible for the direction and oversight of all accounting operations; financial and tax reporting functions; human resources administration; risk management administration; carryover, placed in service, and cost certification submissions for tax credit developments; and company administrative procedures for properties in multiple states.
James K. Wells, Project Manager
Mr. Wells started working for Millennia Housing Development, Ltd in 2007 as a Project Manager. His responsibilities include underwriting potential new properties, managing Millennia’s previous participation, reviewing due diligence and many other developmental operations. James has worked exclusively in the real estate industry for his entire career. Prior to joining Millennia, James worked for a large national accounting firm where he serviced many real estate companies ranging from developers to construction contractors and both large and small property managers. He regularly works with many housing agencies and the United States Department of Housing and Urban Development to manage the reporting and regulatory requirements.
MHM in the News
The Hawk Eye newspaper highlights Millennia's efforts in conjunction with American Preservation Builders to restore the Burlington to its Original Splendor! READ MORE>>
Carrollton Crest Grand Opening !! READ MORE>>
Award Winning Properties
We are pleased to announce that our Seneca Grove property has recently been approved as a Green Communities certified development by Enterprise Community Partners. Seneca Grove is Millennia’s second certified Green Communities project (it’s also our fifth OAHP Green Initiatives project). Thanks to American Preservation Builders, property management, Millennia Housing Development, Ohio Housing Finance Agency, PNC Bank, CreditVest, Dimit Architects, the City of Painesville and most importantly, the residents (who endured the noise and activity of this significant rehabilitation) for making this project a reality.
Spotlight on MHM
Millennia Housing Management, Ltd. Presented with OCCH 2012 Awards Of Excellence for ’Excellence in Affordable Housing Management’. READ MORE>>
Millennia Housing Management, Ltd. ranks number 65 in NAHMA's Top 100 Affordable Management Companies in the United States! READ MORE>>
Affordable Housing Finance ranks Millennia Housing Management number 37 in Top 50 Affordable Housing Owners. READ MORE>>
Affordable Housing Finance ranks Millennia Housing Development number 2 in Top 10 Companies Completing Acquisitions READ MORE>>