To authorize the Director of the Department of Development to forgive the principal and accrued interest down to $2,000.00 and reduce the interest rate to 0% and extend the maturity date of the loan to December 31, 2099 for Hilltop Senior Village II currently owned by Hilltop II Senior Housing Limited Partnership on a HOME loan due to the City of Columbus that has a current balance totaling over approximately $1,487,933.00; and to declare an emergency. (Amended by Ord. 1591-2025 passed on 6/30/2025)

Committee

Housing, Homelessness, & Building Committee

Requested by

Dev Drafter

Introduced

November 22, 2024

On agenda

December 9, 2024

Passed

December 11, 2024

Where it was heard

Columbus City Council Dec 9, 2024 Approved Pass

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