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Montgomery starts Phase 3 of Columbus Square with 60 affordable units after AHFA tax-credit award

2484443 · March 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City and Montgomery Housing Authority are beginning Phase 3 of Columbus Square, a $20.6 million downtown mixed-use project that will add 60 affordable and market-rate units; completion is set for early 2026 and the project secured a 9% tax credit from the Alabama Housing Finance Authority.

City officials and the Montgomery Housing Authority have begun Phase 3 of Columbus Square, a downtown mixed-use redevelopment of a former public-housing site that the mayor said will add 60 affordable housing units.

The mayor said the project is a $20,600,000 development at 500 North Bainbridge Street and described it as "phase 3" of Columbus Square. He said…

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