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MISSION
Facilitate and invest in developments designed to:
- Create and preserve affordable homeownership and rental housing
- Strengthen and stabilize neighborhoods
- Support working households, seniors and special needs populations
About Us
The Affordable Housing Trust for Columbus and Franklin County is an independent, non-profit lender that works with the private, non-profit and public sectors to develop affordable housing opportunities within the City of Columbus and Franklin County.
Project Highlights
Click to view more about the project.
McDOWELL PLACE
Pine Crossing
The Kingry
Touchstone Field Place
Impact
Loans made by AHT to our borrowing partners have a significant impact on the local economy. In 2021, AHT closed loans totaling almost $24 million. This investment will produce or preserve 1,089 housing units and leverage an estimated $162 million in new economic activity. In addition to providing much needed housing for Franklin County’s moderate and low income households, this economic activity may sustain up to 1,400 jobs.
Source: Regionomics, LLC
Loans Closed Jan-Dec 2021
| PROJECT NAME | LOAN AMOUNT | UNITS |
|---|---|---|
| Blacklick Crossing | $ 1,450,000 | * |
| McDowell Place | 450,000 | 50 |
| Hamilton Woods | 3,500,000 | 174 |
| Town Square Station | 500,000 | 10 |
| Touchstone Field Place | 3,000,000 | 56 |
| The Kingry | 535,000 | 44 |
| Shiloh | 1,390,000 | 82 |
| 1950 Parsons | 1,400,000 | 24 |
| Stonegate & Westown | 4,375,000 | 118 |
| Pine Crossing Apartments | 2,000,000 | 192 |
| Columbus Park Apartments | 2,700,000 | * |
| 304 Woodland | 675,000 | 27 |
| Skyview Townhomes | 2,000,000 | 312 |
* AHT sometimes makes more than one loan on the same project.
Units marked with an asterisk have been previously counted.
Statement of Financial Position
| ASSETS | |
|---|---|
| Cash and Cash Equivalents | $ 33,107,423 |
| Accounts Receivable | 12,853 |
| Capital Assets - Net of Depreciation | 12,185 |
| Notes Receivable - Net of Allowance | 71,526,373 |
| Accrued Interest Receivable | 1,562,859 |
| Other Assets | 281,940 |
| TOTAL | $ 106,503,633 |
| LIABILITIES & NET ASSETS | |
|---|---|
| Current Liabilities | $ 419,852 |
| Non-Current Liabilities | 18,077,864 |
| Total Net Assets | 88,005,917 |
| TOTAL | $ 106,503,633 |
Statement of Activities
| REVENUES | |
|---|---|
| Operating Revenues | $ 3,395,820 |
| Program Revenues | 12,533,304 |
| TOTAL REVENUES | $ 15,929,124 |
| EXPENDITURES | |
|---|---|
| Payroll and Payroll Related Expenses | $ 1,062,712 |
| Other Expenses | 2,749,989 |
| TOTAL | $ 3,812,701 |
20th Anniversary Event
The Affordable Housing Trust for Columbus and Franklin County proudly celebrated 20 years of service in 2021. We will continue to work steadfastly in furtherance of our mission to support our community.
"AHT in its 20 years of existence has funded over $252 million in loans; we've helped create, produce or preserve 13,000 units, and we've had significant economic impact in the community... How does this happen? It takes strong partnerships. Nothing is possible without strong partnerships."
Our Board
Robert Weiler
Robert Weiler Co., The
Chairman
Jodelle Carder
Woda Cooper Communities
Senior Vice President (retired)
Michael A. Childs
United Midwest Savings Bank
VP Community Development Director
Joel Coleman
Nationwide Investments
Chief Investment Officer
Dr. Victor Davis
Trinity Baptist Church
Senior Pastor
Sandy Doyle-Ahern
EMH&T
President
Bill Faith
COHHIO
Executive Director
Autumn R. Glover P
Sean Grant
Columbus Partnership
Chief Financial Officer
Lauren Hagan
Columbus Metropolitan Library
Chief Financial Officer
Matthew Keating
Huntington Bank
Regional Manager-SVP
Hal Keller
Ohio Capital Corporation for Housing
President (retired)
Ian R.D. Labitue
Kaufman Development
Director of Finance
Bill LaFayette P
Jacquelin R. Lewis Esq.
Bricker & Eckler, LLP
Senior Associate
Mary Love
Columbus Urban League
VP & CFO
Stephen S. Wittmann
The Wittmann Company
Principal
Donald B. Shackelford
Chairman Emeritus
Our Staff
Lark T. Mallory
President & CEO
Brandie Hancock
Director of Operations
Mary Ann Hopper
Accountant & CDFI Grants Administrator
Jess Patterson
Program/Project Manager
John Spiropoulos
Controller
Stan Uchida
Relationship/Fund Manager
Matt Wootton
Director of Lending
Our Partners
Franklin County Board of Commissioners
Erica C. Crawlry
President
Kevin L. Boyce
John O'Grady
The City of Columbus
Mayor Ginther
- Council President Pro Tempore
Elizabeth Brown - Lourdes Barroso de Padilla
- Nicholas J. Bankston
- Council President
Shannon G. Hardin (seated) - Emmanuel V. Remy
- Shayla Favor
- Rob Dorans
Support Us
The Affordable Housing Trust is a non-profit 501(c)(3) corporation. In addition to funding from Franklin County and the City of Columbus, we also receive contributions from individuals and businesses who want to invest in affordable housing for the greater community. Your contributions of any amount will be gratefully received and efficiently used to further our shared mission.
Please direct your contribution to:
The Columbus Foundation
Attention: Ms. Angela Parsons
234 E. Broad St. • Columbus, OH 43205 • (614) 251-4000
