Two Near East Side Projects Get Housing Tax Credits
Two Near East Side projects are among the 37 affordable housing projects statewide that have received housing tax credits from the Ohio Housing Finance Agency (OHFA). Other Columbus neighborhoods with projects that received the credits include Northland, the South Side, and the Hilltop.
“Ensuring low income Ohioans have access to healthy job markets and high-performing schools is critical to ending the intergenerational cycle of poverty,” said OHFA’s Executive Director Sean Thomas, in a press release announcing the news. “Today, we take another momentous step towards a truly equitable housing market that balances the diverse needs of our people.”
Here are the eight Franklin County projects to receive the tax credits:
- The latest phase of the Columbus Scholar House project on North 17th Street will provide 30 units of housing for young adults that have aged out of the foster care system. A rendering provided by the Columbus Metropolitan Housing Authority shows a two-story brick building with modern touches. It will sit at 89 N. 17th St., across the street from the apartments and townhomes built in 2016.
- American Community Developers, Inc. is planning a complete renovation of the Mount Vernon Plaza townhomes at 945 Acheson St. The 150-unit, multi-building complex was built in 1978.
- Parsons Place Apartments is a 62-unit, three-story building planned for the corner of Washington and Barthman Avenues. Community Housing Network (CHN) applied for credits for this project last year, but did not receive them. “The tax credits will fund the majority of the project’s capital expenses but we still have some work to do,” said Ryan Cassell of CHN. “That said, this is a very positive development and we hope it will give us the momentum we need to bring this project forward.”
- Also from CHN is Marsh Brook Place, a 40-unit project located just west of the intersection of Brice and Chatterton Roads, on the far southeast side of the city.
- Connect Realty is planning a renovation of the Northern Place Townhomes, located at 4371 Blecher Ct. in Northland. Currently home to 112 non-subsidized units, the renovated project will hold 105 affordable apartments.
- The second phase of the Wheatland Crossing project calls for an additional 64 units at 158 N. Wheatland Ave. on the Hilltop.
- Wendler Commons, from Woda Cooper Development, is a 62-unit project planned for 4854 Wendler Blvd. It would be built on vacant land that sits south of Morse Road and east of I-270.
- Arrowleaf Apartments is a 24-unit development from Homeport that is planned for Grove City.
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