RELATED: About 100 homes proposed in Moraine with rezoning plan
The city is nearing a deal on the project with Ryan Homes, which may begin construction this year, Moraine City Manager David Hicks said.
The proposal calls for about 110 homes to be built off Pinnacle and nearly as many off Vance Road near Frank Nicholas Elementary School, he said.
MORE: Miami Twp. rejects change to allow for new homes
Here are some numbers, according to the city, about the project:
-$39 million: Estimated planned investment in housing;
-$6 million: Estimated investment in infrastructure;
-860: Estimated number of residents the housing would have at full capacity;
-35: Number of homes per year Ryan has pledged to build;
-7: Number of years estimated to complete the project.
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