Columbus Metropolitan Housing Authority (CMHA) announces plan to issue $30M in general revenue bonds that will support creation of at least 500 new affordable housing units annually through 2025

Date Published: 
April 7th, 2021

From Columbus Metropolitan Housing Authority's press release:

The Columbus Metropolitan Housing Authority (CMHA) announced today it is issuing $30 million in general revenue bonds this year as part of a plan to develop or acquire a minimum of 500 affordable mixed-income units annually in Columbus through 2025.

“Our vision for 2021 and beyond is to help solve the region’s affordable housing crisis by acquiring, developing and constructing more affordable housing than ever before as we continue to build upon our record-setting 2020 accomplishments,” said CMHA President and CEO Charles D. Hillman.

“CMHA’s decision to move forward with our community partners on a $30 million bonding plan will help us bring an exciting new supply of affordable housing opportunities to Franklin County and deliver long-term stability for families in the Columbus area, where affordable housing represents a critical unmet need for the foreseeable future,” Hillman said.

CMHA’s vision to build at least 500 low- and mixed-income units annually through 2025 comes as the supply of affordable housing in Columbus and Franklin County cannot keep up with demand. While most cities in Ohio and the Midwest have been losing population since the 1960s, Columbus’ population has exploded.

Read CMHA's press release.

Resource type(s): 

Sorry, this content is only available to members.

If you're a member of CLPHA, please click here to log in.

If you have not created your account, it’s easy to create one. Click here for step-by-step instructions.

You can also click here to watch a webinar site tour that shows CLPHA members how to create website accounts for themselves and provides an overview of the site's functionality.

Otherwise, we invite you to learn more about the many benefits of CLPHA membership.