This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting.
Link to Full Meeting
In a recent meeting of the Toledo Housing & Community Development Committee, city officials gathered to discuss pressing issues surrounding community development and housing needs. The atmosphere was charged with a sense of urgency as members highlighted the critical shortage of affordable housing in Toledo, emphasizing the necessity for immediate action.
One of the focal points of the discussion was the future of Ashland Manor and Marshall School, both of which are under consideration for redevelopment. The committee explored the potential for a 4% tax credit deal for Marshall School, with applications anticipated for 2026 or 2027. Meanwhile, Ashland Manor is currently on the market, attracting interest from outside developers. However, local officials expressed a strong desire to keep ownership within the community, aiming to ensure that any new management aligns with the needs of Toledo residents.
The conversation also touched on the challenges posed by deferred maintenance at these properties, which complicates their financial viability. Despite the guaranteed income from Housing Assistance Program (HAP) contracts, the need for significant repairs remains a barrier to attracting buyers who can effectively manage and rehabilitate the buildings.
In a proactive move, the committee recently passed an ordinance to recapture funds from the Community Development Block Grant (CDBG) and HOME Investment Partnerships Program, potentially generating around one million dollars. These funds are intended to support various housing projects, including the rehabilitation of older properties and the development of new housing units. Committee members acknowledged the ongoing struggle to secure sufficient resources, reiterating the pressing need for more housing options—both for renters and homeowners.
As the meeting concluded, the urgency of the situation was palpable. With a clear consensus on the need for investment in housing, officials left with a renewed commitment to explore every avenue for funding and development, ensuring that Toledo's housing landscape can meet the demands of its residents. The discussions underscored a collective determination to address the housing crisis head-on, with the hope that future initiatives will bring much-needed relief to the community.
Converted from Toledo - Housing & Community Development Committee on 2025-08-28 4:30 PM - United Way ALICE/ 211 Report || HOME Loans Forgiveness meeting on August 28, 2025
Link to Full Meeting