Explanation
BACKGROUND
This ordinance authorizes the Director of the Department of Development to enter into a grant agreement with the National Church Residences for the construction of Bretton Woods Phase II in an amount up to $1,700,000.00. National Church Residences will enter into a grant agreement with the city for the bond funds as a pass-through entity. Bretton Woods II Senior Housing Limited Partnership is the ownership entity of the project with National Church Residences being one of the managing members.
National Church Residences proposes the new construction of Bretton Woods Phase II, the 60-unit second phase of a senior housing community with on-site supportive services located on Cleveland Avenue, a 1st Tier Transit Corridor. Bretton Woods Phase II is located in the Northland neighborhood of Columbus, a CelebrateOne Neighborhood. Bretton Woods Phase II will feature an onsite fitness area and residents will also benefit from easy access to local amenities such as grocery stores, parks, schools, and the nearby Gillie Senior Recreation Center and the brand new Central Ohio Primary Care (COPC) SeniorSelect primary care center. A COTA Rapid Transit stop is located adjacent to the site. This phase of the project is funded with 4% LIHTC, the newly created Ohio Low Income Housing Tax Credit along with city funding.
This senior housing community will offer 60 one-bedroom units with 24 units affordable to residents at or below 50% AMI and 36 units affordable to residents at 60% AMI. Furthermore, we would require the senior applicants to meet all other requirements included in our Tenant Selection Plan, with the exception of denying seniors whose only negative background check infraction is eviction due to non-payment of rent.
Bretton Woods Phase II will consist of one building with 60 one-bedroom apartments units. Each unit will have a separate kitchen, bathroom, living area, and bedroom. At least eight (8) of the units will meet Section 504 accessibi...
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