Did You Know?

Affordable housing facts you should know:

What do you mean by "affordable"?

• A home or apartment that is affordable to those families earning 80% of Area Median Income ($51,500/year for a family of four) or below.
• 50% of Area Median Income represents a family of four earning $32,188 a year.

Additionally:

• Affordable housing demand far outstrips supply.
• Even rental housing is unaffordable to many working households.
• Rental units much more likely to experience deterioration.
• 25,000 lowest income renters pay over half of their income for housing.
• 11,000 low income homeowners pay over half of their income for housing.
• Home foreclosures have tripled in Columbus and Franklin County over the past seven years.

News

WHAT'S NEW?

A Milestone

The Housing Trust is pleased to have committed over 17 million dollars to affordable, workforce housing since its start in 2001. That translates into 1772 homes and apartments for 4000 folks in Columbus and Franklin County. We are proud and energized. However, there is much more work to be done.

Columbus and Franklin County Foreclosure Working Group Prevention and Recovery Plan

Advisory Plan October 2008

 

The Housing Trust Recent Press Releases

September 17, 2008

Steven Gladman Receives Induction to the Apartment Association Hall of Fame                                      ...more

March 24, 2008

Commissioners Continue Partnership to Create Affordable Housing in Franklin County                                   ...more

January 7, 2008

Steven Gladman Appointed to The Federal Home Loan Bank

of Cincinnati Affordable Housing Advisory Council    ...more

July 26, 2007

The Housing Trust Supports Trust Fund Legislation   ...more

April 2, 2007

Steven Gladman Appointed to the Big Darby Advisory Panel

                                                                           ...more

                        

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The Housing Trust Annual Report

2008 Annual Report

2007 Annual Report

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The Housing Trust Newsletter

Fallnewsletter

Summernewsletter

Springnewsletter

Winternewsletter

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Homebuyer Counseling Available

Many of our partners offer homebuyer counseling. Here's a list:

• Columbus Housing Partnership
• Mid-Ohio Regional Planning Commission (MORPC)
• MiraCit Development Corporation
• Homes on the Hill Community Development Corporation - in English and Espanol
• The Samaritan Project

It's important that a future homeowner attend a certified counseling program. Some programs may qualify you for down payment assistance, and some may not.

 

The Housing Trust Is A

GreenSpot Member

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