Recently, the city of Columbus announced that they would be setting up a Community Land Trust to provide long-term stability to changing neighborhoods. CLTs can be a useful tool to stabilize neighborhoods and preserve mixed-income communities, especially in recovering markets.
The South Side Renaissance Fund is a $20 million loan fund that will be used for the financing of community development projects and the acquisition, construction and permanent financing of 170 units of affordable single and multifamily rental housing.
This past April, Greater Ohio Policy Center (GOPC) convened a second statewide affordable housing learning exchange at the Columbus Metropolitan Housing Authority (CMHA) offices. Affordable housing practitioners and advocates from Columbus, Cincinnati, Cleveland, and Toledo discussed local housing challenges and identified successful initiatives to build on.