Explanation
BACKGROUND
This legislation authorizes the Director of the Department of Development to enter into a Housing Development Agreement (HDA) and a Grant Agreement with National Church Residences (NCR), a 501(c)(3), for the Clover Glen 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 $2,900,000.00 of bond funds over two years, $1,000,000.00 from the 2021 Capital Budget and $1,900,000.00 from the 2022 Capital Budget. This legislation would authorize the Director of Development to first execute the HDA and then a Grant Agreement in the amount $1,000,000.00 funded from the 2021 Capital Budget. Pending the availability of funding in the 2022 Capital Budget, the department will seek City Council’s approval for a planned agreement modification.
National Church Residences proposes Clover Glen, formally West Broad Senior Housing, a 92-unit, affordable housing community for seniors aged 55+ located at 5719 W Broad Street in Columbus, Franklin County. Clover Glen serves the unique and growing aging, low income population in Ohio. This senior housing community will offer 92 one-bedroom units with approximately 20 units affordable to residents at or below 30% AMI and 72 units affordable to residents at 60% AMI.
Residents at Clover Glen will benefit from an amenity-rich location with easy access to health care services, grocery stores, and senior services. Of particular note, the property is within walking distance of the Prairie Township Community Center which offers a pool, fitness center, walking path, and seasonal farmer's market, in addition to hosting programming specifically for seniors including adult education opportunities. Residents will also have walking access to dental care, eye care, grocery shopping, park with walking trail, place of worship, pharmacy, dining, salon...
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