“We are taking the bold step to go regional as we recognize the importance of expanding our work around housing affordability beyond Franklin County. This fund symbolizes a shared commitment among our partners and investors to confront the housing challenges facing our communities. By providing a flexible and substantial capital source, we are empowering the Affordable Housing Trust to impact the lives of others for generations to come."
In January 2020, AHT closed the $100 million Housing Action Fund (HAF).
The HAF is a revolving loan facility designed to address the affordable and workforce housing needs in Columbus and Franklin County. Over the last three years, the HAF has created and preserved over 2,200 units, deployed $80 million and has leveraged an estimated $433 million in new economic activity, which may sustain over 3,700 jobs.
AHT will duplicate the success of the HAF with the RIF, but on a regional level. The RIF provides a flexible source of dollars that expands the resources available for investment in affordable housing development within an eight-county area, including Franklin and the contiguous counties and Knox county.
Thank you for subscribing!
Please try again.
All Rights Reserved | Affordable Housing Trust