Explanation
BACKGROUND
This legislation authorizes the Director of the Department of Development to enter into a Housing Development Agreement (HDA), a Grant Agreement with Columbus Housing Partnership, Inc., dba Homeport, and allow for expenses prior to the purchase order date for the Mulby Place apartment project.
The HDA would memorialize the City’s desired commitment to the project, pending City Council approval and current and future availability of funds. The Department of Development wishes to support this project by contributing $6,050,000.00 of bond funds over two years, $2,725,000.00 from the 2020 Capital Budget and $3,325,000.00 from the 2021 Capital Budget. This legislation would authorize the Director of Development to first execute the HDA and then a Grant Agreement in the amount $2,725,000.00 funded from the 2020 Capital Budget. Pending the availability of funding in the 2021 Capital Budget, the department will seek City Council’s approval for a planned agreement modification.
Mulby Place will be located on the east side of Cleveland Avenue between Myrtle Avenue and Briarwood Avenue and will be in the nucleus of a new “downtown” part of the Linden neighborhood. Redeveloping this city block will create a ripple effect that will spur further revitalization in an area ripe for renewal.
Mulby Place will provide 100 units with a mix of (70) one- and (30) two-bedroom units. Additional single-family and commercial developments are planned for nearby land.
Mulby Place will be a mix of two and three story buildings that will include one and two bed-room senior apartments with community spaces, retail, and outdoor areas. Designed to integrate into the Linden neighborhood and link the new proposed Linden recreation center, this redevelopment will help foster a community intergenerational lifestyle that intertwines housing, recreational, social activities and commerce opportunities for all ages.
The architectural design utilizes a traditional brick f...
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