From the Columbus Metropolitan Housing Authority’s press release:
The Columbus Metropolitan Housing Authority reported that it has acquired or developed more than $200 million in affordable housing in 2020, setting a record for the most activity in one year in the agency’s 86-year history. The investment expands to over 4,000 the number of units owned by CMHA, providing housing stability throughout Central Ohio.
“CMHA’s achievement is not just about hitting our metrics; it’s about living our mission,” said President and CEO Charles Hillman. “When people are stably housed, they can strive and thrive.”
This year, CMHA is serving nearly 3,500 additional residents in Columbus and surrounding communities as the result of acquiring six apartment communities and constructing and rehabilitating eight properties, totaling 1,509 units. CMHA has more than doubled its portfolio of affordable housing over the last five years.
More than a year ago, CMHA committed to acquiring, developing, or rehabbing at least 500 units of housing per year for the next five years. Hillman noted that the agency nearly tripled that benchmark in 2020. “Promises made. Affordable housing delivered. We committed ourselves to our mission and invested in stability and building for the future,” he said.
CLPHA applauds CMHA upon hitting this remarkable milestone that greatly increases affordable housing opportunities for low-income Columbus individuals and families. We look forward to seeing how CMHA continues to expand and thrive to serve the needs of its community.