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3318-2024

To authorize the Director of the Department of Development to forgive the principal and accrued interest for Hilltop Senior Village currently owned by Hilltop Senior Housing Limited Partnership on a HOME loan and UDAG loan due to the City of Columbus totaling over approximately $1,611,229.37; to reduce the UDAG Loan to $1,000.00; to reduce the interest rate to 0%; and to declare an emergency. ($0.00) (Amended by Ord. 1590-2025 passed on 6/30/2025)

Ordinance Passed Introduced November 21, 2024
Committee
Housing, Homelessness, & Building Committee
Requested by
Dev Drafter
Introduced
November 21, 2024
On agenda
December 16, 2024
Passed
December 18, 2024

Where it was heard

Columbus City Council Dec 16, 2024 Approved Pass