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City official outlines how $500 million in voter-authorized housing bonds will be used to produce and protect affordable units
Summary
Erin Prosser of the Department of Development told the Columbus Advisory Commission on Disability Issues that voters approved $500 million for affordable housing and that the city has deployed roughly $200 million so far to create income-restricted rental units, homeownership opportunities and supportive housing while funding programmatic supports for the most vulnerable.
Erin Prosser, a housing leader in the City of Columbus Department of Development, told the commission that "Columbus voters in the fall authorized us to to spend $500,000,000 on affordable housing," and walked commissioners through how the city plans to use those funds.
Prosser said the city has invested about $200 million of previously authorized bond dollars to date, producing roughly 6,000 income-restricted rental units, about 300 permanently affordable homeownership opportunities and nearly 700 permanent supportive-housing units created with nonprofit partners. "When we put dollars into a project, they don't just get cheaper," she said. "They get income qualified and protected," describing affordability periods that typically range from 15 to 30 years when projects are paired with state or federal funding.
Why it matters: Prosser framed the work as both a supply and programmatic challenge. Census-based slides in her presentation showed the population groups unable to afford median…
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