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Council approves $6.3M package to preserve 137 affordable units at Nelson Park
Summary
Council approved funding combining affordable housing bond dollars and HOME‑ARP funds to support acquisition and redevelopment of Nelson Park Apartments and authorized a $5 million agreement with Central Ohio Community Land Trust to develop additional affordable housing.
Columbus City Council approved two housing measures Tuesday that together commit $6.3 million toward preserving and creating affordable housing.
Ordinance 11‑97‑2025 authorizes up to $4,800,000 from the Affordable Housing Bond Fund for a grant agreement with the Columbus Metropolitan Housing Authority (CMHA), which may assign the agreement to Nelson Park Preservation Association LLC to acquire and redevelop Nelson Park Apartments. Council said the package, combined with $1.5 million in HOME‑ARP federal funds passed last week, totals $6.3 million to preserve 137 units in Eastgate. Council materials say the buildings have not had substantial rehabilitation since 1980 and that all units are covered by HUD Section 8 contracts through CMHA.
A companion ordinance, 12‑13‑2025, authorizes a funding agreement with the Central Ohio Community Land Trust Corporation and appropriates $5,000,000 in Affordable Housing Bond Fund dollars to develop new affordable housing. Both ordinances were moved and passed by roll call.
Sponsors described the measures as part of a larger, long‑term effort to preserve affordable units and stabilize the Eastgate neighborhood. The redevelopment plan cited in committee materials calls for 137 units in 41 residential buildings of one‑, two‑ and three‑bedroom townhomes targeted at households at roughly 30‑60% of area median income; the units remain under CMHA Section 8 contracts, the legislation states.
