Homeport is improving affordable housing in Central Ohio by adding 60 new units in the Hamilton Place project and renovating Emerald Glen.
Hamilton Place Project Brings Affordable Housing Boost
Ohio Housing Finance Agency grants tax credits to Homeport for their Hamilton Place project, led by CEO Leah Evans, to address affordable housing needs in Central Ohio. The initiative adds 60 units along North Hamilton Road, supported by a $20 million budget, including $1.5 million in federal Low-Income Housing Tax Credits. BZ Journal reports these credits as crucial for project feasibility.
The Hamilton Place apartments will be accessible to individuals with physical disabilities and will cater to households earning up to 70% of the area median income. The development will offer one, two, and three-bedroom apartments with amenities like on-site management, a community room, fitness facilities, and outdoor spaces fostering a supportive community for residents.
(photo: www.homeportohio.org)
Emerald Glen Renovation Enhances Affordable Housing
Homeport is renovating Emerald Glen in Columbus with $1.5 million in tax credits. They’re improving accessibility and adding amenities like a second playground to elevate living standards. Aaron Wasserman, Homeport’s VP of real estate, stresses the importance of updating older properties to meet modern needs empowering residents with suitable housing options.
