The Affordable Housing Trust for Columbus and Franklin County (AHT), established in 2001, is an independent, non-profit lender that works with the private, non-profit and public sectors to develop affordable housing opportunities within the City of Columbus and Franklin County. In February 2016, AHT became a certified Community Development Financial Insitution (CDFI).
AHT provides loans for affordable rental, supportive and home ownership projects by leveraging private and public lending and investment. Various housing initiatives are financed in the form of construction, acquisition, rehabilitation and below market rate loans, depending on the needs of the project and the income level of households to be served. Oftentimes, the utilization of financing through AHT can help raise market values, stimulate private development and contribute to neighborhood revitalization.
The Affordable Housing Trust facilitates participation by investment through not-for-profit and for-profit developers, thus leveraging its own funding dollars into projects. Resources are directed at builders and developers, rather than individual households helped by other social service organizations.
OUR MULTIFACETED MISSION IS TO:
Facilitate and invest in developments designed to:
➢ Create and preserve affordable homeownership and rental housing
➢ Strengthen and stabilize neighborhoods
➢ Support working households, seniors and special needs populations