Explanation
BACKGROUND
This legislation authorizes the Director of the Department of Development to enter into a Housing Development Agreement (HDA) with Columbus Metropolitan Housing Authority for the McKinley Manor Apartments project.
The HDA would memorialize the City’s desired commitment to the project, pending City Council approval and future availability of funds. The Department of Development wishes to support this project by contributing $1,250,000.00 of bond funds from the 2022 Capital Budget. This legislation would authorize the Director of the Department of Development to first execute the HDA. Council approval to execute a bond grant agreement contributing 2022 bond funds will occur at a later date.
McKinley Manor is a single-phase development to occur on a multi-parcel former commercial site that is bounded by existing housing on two adjacent sides and the City of Columbus Fire Station and EMS Station 10. The project is within steps of COTA bus stops, a United Dairy Farms store, Bottoms Up Coffee, several restaurants, houses of worship, Jubilee Market Grocery, and Lower Lights Pharmacy.
The property will be mixed-income, featuring low income age-restricted senior housing accommodating senior households (55+) with incomes ranging from 60% AMI and below. The project also intends to have all forty four (44) one-bedroom housing units with Section 8 Project-Based Rental Assistance to target housing needs in the community for housing people with multiple entry barriers including the elderly, persons with disabilities, chronically mentally ill, and homeless individuals and families.
McKinley Manor is working with the YMCA to receive their Permanent Supportive Housing funds from the downtown YMCA with a commitment that McKinley Manor will take the qualified tenants from the downtown YMCA location. LifeCare Alliance is providing the transportation needed to make this possible.
All apartments will have at least one (1) full bathroom. Over 5% of the ...
Click here for full text