From the Columbus Metropolitan Housing Authority's press release:
The Columbus Metropolitan Housing Authority (CMHA) Board of Commissioners approved a combined total of more than $25 million in investments that will develop over 100 new affordable housing apartments for Columbus-area seniors and families with included supportive services.
“This significant investment underscores CMHA’s unwavering dedication to enhancing the quality of life for our community members in Columbus and Franklin County,” remarked James L. Ervin Jr., Chair of the CMHA Board.
“By allocating over $25 million toward the development of new mixed-income housing for seniors and families, we are actively addressing the need for affordable housing in our region,” Ervin said. “This reflects our core values of community, commitment, and collaboration."
The community investments approved by CMHA’s Board are:
- Cobblestone Manor: Authorizing the issuance and sale of $17 million in general revenue bonds to construct an 82-unit senior housing community. This is CMHA’s first community in Grove City. Columbus-based Elford Construction will serve as general contractor for this project.
- Dering Family Homes Project-Based Voucher (PBV) Contract: Providing voucher assistance for 25 apartments at Dering Family Homes, an investment of over $9 million. This 245-unit family community is being developed by The NRP Group.
- Housing Stability First Program: Housing Stability First will receive a $1 million CMHA investment in 2024. The program is designed to prevent evictions and reduce the likelihood that residents will miss school or work due to housing instability. The funding also will be used to help CMHA residents experiencing economic hardships that may impact their housing stability, including expenses related to housing, utilities, child care, transportation, and basic needs. The program was a joint partnership that was created in 2023 with an initial funding contribution from First Church of God in Columbus.
“As we embark on these investments, we are not just building apartments; we are building hope and stability for the individuals and families we serve,” stated Charles D. Hillman, CEO of CMHA.
“This commitment to affordable housing for all underscores our dedication to fostering inclusive communities and addressing the pressing needs for accessible housing options in our region,” Hillman said. “Through collaborative efforts and strategic initiatives, we aim to create lasting impact and transform lives for the better.”