From the Columbus Metropolitan Housing Authority's press release:
The Columbus Metropolitan Housing Authority (CMHA) announced today a $134 million plan to award 20-year contracts to six Ohio-based nonprofit affordable housing providers for a record-setting combined total of 817 federally funded vouchers targeted toward creating additional permanent supportive housing for the elderly, people with disabilities and low-income households.
“This will be the largest-ever issuance of Project-Based Vouchers (PBVs) in CMHA’s 87-year history,” said CMHA Chief Financial Officer Tom Williamson. “CMHA is excited to move forward with each of our Project-Based Voucher partners."
PBVs are the federal government’s major program for assisting more than 5 million people nationally in 2.2 million very low-income households, the elderly and the disabled to rent modest housing in the private market. To qualify, households must meet income requirements set by the U.S. Department of Housing and Urban Development (HUD).
The six CMHA recipients of PBVs are National Church Residences (which received the highest total with 312 vouchers), Community Housing Network (121 vouchers), Homeport (108 vouchers), Wallick Communities (120 vouchers), Affordable Columbus Housing (113 vouchers) and Creative Housing (43 vouchers).
“This announcement represents just the latest example of CMHA being laser-focused on providing affordable housing and meeting the needs of our people in Columbus and Franklin County,” said CMHA President and CEO Charles Hillman.