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1197-2025

To amend the 2024 Capital Improvement Budget; to authorize the City Auditor to transfer funds within the Affordable Housing Bond Fund; to authorize the Director of Development to enter into a grant agreement with Columbus Metropolitan Housing Authority(CMHA) in an amount up to $4,800,000.00; to authorize CMHA to assign the agreement to Nelson Park Preservation Associates LLC as the administrative member; to authorize the expenditure of up to $4,800,000.00 from the Affordable Housing Bond Fund in support of the acquisition and redevelopment of Nelson Park Apartments; and to declare an emergency. ($4,800,000.00)

Ordinance Passed Introduced April 28, 2025
Committee
Housing, Homelessness, & Building Committee
Requested by
Dev Drafter
Introduced
April 28, 2025
On agenda
May 19, 2025
Passed
May 22, 2025

Where it was heard

Columbus City Council May 19, 2025 Approved Pass