Explanation
BACKGROUND: This ordinance authorizes the appropriation and expenditure of up to $825,000.00 of the 2020 and 2021 HOME Investment Partnerships Program (HOME) entitlement grant funds from the U.S. Department of Housing and Urban Development and to enter into a commitment letter, loan agreement, promissory note, mortgage, and restrictive covenant with Harriet’s Hope LLC for a 52-unit apartment project.
Columbus Metropolitan Housing Authority and its partners Beacon 360 Management and Finance Fund are partnering on a development/Supervised Recovery Home that will serve female human trafficking survivors pursuing recovery from drugs, alcohol, or other dependencies, known as Harriet’s Hope. Harriet’s Hope will help residents who are early in their recovery journey, subsequently requiring formal treatment and supportive social services that increase stabilization.
Harriet’s Hope will be located at 1567 W. Broad Street behind Carol Stewart Village. The proposed building will be new construction with a total of 52 units, 47 one-bedrooms, and five two-bedrooms. The project's income target will be at or lower than 30% AMI. A total of two individuals can occupy one-bedroom and four in a two-bedroom. It is estimated that there will be approximately 20 children living in the community, mainly in two bedroom units. One-bedroom units may house single parents with one child. Harriet’s Hope will offer a flexible community space for on-site social service rendering, meeting rooms, group activities, and on-site amenities, including a computer room, green space, and a laundry room.
Beacon 360 Management is currently working to establish partnerships with a variety of local organizations to offer wraparound services to clients such as case management, substance abuse treatment, trauma informed therapy, vocational services, financial management healthcare services and peer support. Currently, Beacon 360 Management has signed agreements with The Salvation Army, I...
Click here for full text