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File #: 2095-2022    Version: 1
Type: Ordinance Status: Passed
File created: 7/7/2022 In control: Housing Committee
On agenda: 7/25/2022 Final action: 7/27/2022
Title: To amend the 2021 Capital Improvement Budget; to authorize the City Auditor to transfer funds within the Affordable Housing Bond Fund and within the Development - Taxable Bond Fund; to authorize the Director of Development to enter into a grant agreement with Healthy Linden Homes II, LLC, a non-profit company, in an amount up to $2,000,000.00 to develop up to 30 new rental housing units in zip code 43211; to authorize the expenditure of up to $1,191,267.00 from the Affordable Housing Bond Fund and up to $808,733.00 from the Development - Taxable Bond Fund; and to declare an emergency. ($2,000,000.00)
Attachments: 1. 2095-2022 06-30 Housing Healthy Linden Bond
Explanation
BACKGROUND
This legislation authorizes the Director of the Department of Development to enter into a grant agreement with Healthy Linden Homes II, LLC in an amount up to $2,000,000.00 to develop up to 30 new rental housing units in zip code 43211.

Healthy Linden Homes II, LLC, a non-profit company, seeks to further address the housing affordability issues that Columbus faces by developing up to 30 units of new construction rental housing in zip code 43211. These properties will consist of infill development, designed to replace residential structures that have been demolished. Additionally, the parcels that have been identified for redevelopment are being acquired exclusively from the City of Columbus and Franklin County Land Banks.

The up to 30 rental units will consist of no more than 10 single family homes and 10 duplexes. All but nine of these properties will be built by Unibilt Industries-a modular home builder located in Dayton, Ohio. The modular units will be delivered approximately 75% complete and set on full foundations. Healthy Homes has engaged a General Contractor who will complete all site preparations, construct the foundations, and manage the balance of work post-delivery. Once delivered, the units will require mechanical connections for electric, plumbing, and HVAC. Porches will be constructed on site and there will be some minor interior finishes to finalize. Lastly, the General Contractor will pour concrete parking pads and walk ways and each site will be fully landscaped with sod, bushes, and a shade tree. Upon completion, these projects will blend with the existing fabric of the community and there will be no visible evidence to suggest that they are modular in nature. The nine units that are not modular are ranch style homes and will consist of traditional stick construction.

In addition to high-quality, affordable places to call home, the tenant families who will reside in these units will have access to a variety of supporti...

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