Explanation
BACKGROUND
This ordinance authorizes the Director of the Department of Development to enter into a grant agreement with Healthy Linden Homes VII LLC, a disregarded entity of HNHF Realty Collaborative, for development of a 23-unit affordable housing development in an amount up to $2,500,000.00. The City’s total commitment to this project is $5,000,000.00 and legislation for the remaining $2,500,000.00 will be submitted at a later date.
Healthy Homes is an affordable housing developer, focused on increasing the stock of high-quality housing options available to families earning no more than 80% of Area Median Income (AMI) in Linden. Healthy Linden Homes VII LLC seeks to further address Columbus’s housing affordability issues by developing 23 units of new construction rental housing in zip codes 43211 and 43224. These properties will consist of infill development, designed to replace residential structures that have been demolished.
The 23 rental units for which we are seeking funding will consist of eleven single family homes and six duplexes. Two 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 General Contractors 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 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 units that are not modular are traditional stick constr...
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