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Panel urges leveraging $500 million housing bond, affordable‑housing trust to stem rising costs
Summary
Panelists at a Columbus Metro Club forum said the city’s $500 million housing bond and the Affordable Housing Trust must be leveraged and recycled to address a regional affordability gap as Central Ohio adds residents and housing costs rise.
At a Columbus Metro Club forum at the Ellis in Columbus, panelists urged using the City of Columbus’ proposed $500 million housing bond and existing trust financing to expand and preserve affordable housing across the region.
Panelists said housing is foundational to residents’ ability to access jobs and childcare, and they called for public dollars to be leveraged, recycled and paired with private financing to complete projects.
The Affordable Housing Trust for Columbus and Franklin County provides gap financing for deals ranging from single‑family homes to 300‑unit low‑income housing tax credit projects, Ian Labattu, president and CEO of the Affordable Housing Trust for Columbus and Franklin County, said. “We are a nonprofit lender. We are funded by the county through…
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