From the Columbus Metropolitan Housing Authority's press release:
Harriet’s Hope, a $13 million affordable housing community planned to open on the city’s west side, has received a $1 million federal grant from the Federal Home Loan Bank (FHLB) of Cincinnati’s Affordable Housing Program (AHP) that represents a major financial boost to help advance the project from its current blueprint phase to eventual groundbreaking, the Columbus Metropolitan Housing Authority (CMHA) announced today.
“The AHP program plays a critical role in the production and rehabilitation of affordable rental housing in Ohio and across the U.S. as it is considered an extremely successful and efficient method for leveraging private capital to build affordable housing,” said CMHA President and CEO Charles Hillman.
“We are delighted to have earned this highly competitive award from FHLB of Cincinnati as the grant will move us closer to beginning construction on the vitally important Harriet Hope’s project,” said Hillman.
“There is an urgent need for diverse solutions that collaboratively address the human trafficking epidemic in central Ohio,” he added. “We envision Harriet’s Hope as a vessel to bring hope, restoration, rehabilitation and freedom for some of our community’s most vulnerable residents.”