Ground breaking housing options coming to Urbancrest

0
477
Photo courtesy of Tyler Lowry
Urbancrest Mayor Joseph Barnes Sr., Franklin County Commissioner Erica Crawley, COCIC President Curtiss Williams, Penny Winkle with the Montrose Foundation, and Franklin County Economic Development and Planning Director James Schimmer break ground on community land trust homes that will be built in the village or Urbancrest for low to moderate income residents.

The Franklin County Land Bank (COCIC) held a ground breaking ceremony in the village of Urbancrest on Aug. 18 to announce the first Central Ohio Community Land Trust project in Franklin County, outside of the city of Columbus. This development in the village of Urbancrest will see the construction of eight affordable, community land trust homes that will be sold to low to moderate income residents.

“Tackling the issue of affordable housing is a priority for our village as we try to preserve our community and reduce homeownership barriers. This type of partnership with our local government agencies and the private entities reflects our community values and vision for the village of Urbancrest”, said the Mayor of Urbancrest, Joseph Barnes, Sr.

The Central Ohio Community Land Trust was launched by COCIC, the Franklin County Land Bank in early 2019.

“The Franklin County Treasurer’s Office remains steadfast in its support of the Franklin County Land Bank and its subsidiary, the Central Ohio Community Land Trust, said Franklin County Treasurer Cheryl Brooks Sullivan, who chairs the Franklin County Land Bank. “We need to ensure access to affordable housing, reduce barriers to affordable housing development, and promote housing stability for Franklin County residents.”

In April 2020, the Franklin County board of commissioners adopted a resolution authorizing an agreement with the Central Ohio Community Land Trust to conduct affordable housing development activities on behalf of the Franklin County Board of Commissioners with a commitment of $2.3 million.

“The board of commissioners prioritizes the development of affordable housing to challenge housing disinvestment and racial inequity and it keeps striving to build more equitable communities in Franklin County” said Franklin County commissioner, Erica Crawley.

The construction phase will begin this fall with homes completed in early 2022. The Montrose Foundation, committed to housing and education equality, will provide down payment assistance for each COCLT homeowner in the village of Urbancrest.

“Thanks to a strong collaborative effort, we are witnessing more push for investment from our local governments, as well as private donors on this very important issue of closing the affordability and racial homeownership gaps throughout Franklin County, said, COCIC President and CEO, Curtiss Williams, Sr.

LEAVE A REPLY

Please enter your comment!
Please enter your name here
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.