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3326-2024

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)

Ordinance Passed Introduced November 22, 2024
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