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2402-2025

This ordinance authorizes the expenditure in an amount up to $2,000,000.00 of HOME Investment Partnerships Program (HOME) program income funds from the U.S. Department of Housing and Urban Development; authorizes the Director of the Department of Development to enter into a commitment letter, loan agreement, promissory note, mortgage, and restrictive covenant with Aspire Columbus LLC in an amount up to $2,000,000.00 of program income for the Aspire Columbus project; and to declare an emergency. ($2,000,000.00)

Ordinance Passed Introduced September 2, 2025

What this record is

Held by
Aspire Columbus LLC
Amount
$2.00M
Runs until
no end date published in this record
Type
contract
Field
Public safety

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Housing, Homelessness, & Building Committee
Requested by
Dev Drafter
Introduced
September 2, 2025
On agenda
September 15, 2025
Passed
September 17, 2025

Where it was heard

Columbus City Council Sep 15, 2025 Approved Pass