Preserving, Creating & Facilitating
Gradient Text h1 { margin: 0; padding: 0; } Annual Report 2023
The Affordable Housing Trust for Columbus and Franklin County is an independent, nonprofit lender that works with the private, nonprofit and public sectors to develop affordable housing opportunities within the City of Columbus and Franklin County.
Our 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
Projects highlights
Click each project to expand and view details.
1270-1272 Atcheson
Cherry Blossom
Courtyard Apartments
Ebright Road Apartments
Poplar Fen Place
Starling Yard
Impact
Loans made by AHT to our borrowing partners have a significant impact on the local economy. In 2023, AHT closed loans totaling almost $69 million. This investment will produce or preserve 1,421 housing units and leverage an estimated $296 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 more than 2,500 jobs.
Source: Regionomics, LLC
Columbus 1,421
housing units
Columbus $69MM
closed loans
Columbus $296MM
economic activity
Loan Closed
Jan-Dec 2023
*AHT sometimes makes more than one loan on the same project. Units marked with an asterisk have been previously counted.
Statement of financial position
Statement of activities
EDAP
“This program is crucial for expanding pathways to wealth, equity and opportunity while narrowing critical gaps in access, information, and resources. By engaging our partners from every sector and level of government, we are moving ever closer toward ensuring that all our residents are included in the Columbus success story.” ~Columbus Mayor Andrew J. Ginther The Emerging Developers Accelerator Program (EDAP) is a 6-month training program that supports emerging developers who are women and people of color with comprehensive technical assistance, education, and access to capital. In addition to providing participants with the opportunity to accelerate their businesses, the program also aims to help increase the supply of affordable housing units throughout the Central Ohio community.
Since its inception in 2022, the EDAP has successfully graduated 24 participants. Those participants have, to date, created or preserved over 75 affordable units in the area.
The second cohort was completed on November 2, 2023, and the third session began on January 10, 2024. Special thanks to the city of Columbus, Franklin County, JPMorgan Chase and US Bank for collaborating with AHT in our efforts to break down barriers!
“This program is crucial for expanding pathways to wealth, equity and opportunity while narrowing critical gaps in access, information, and resources. By engaging our partners from every sector and level of government, we are moving ever closer toward ensuring that all our residents are included in the Columbus success story.”
~ Columbus Mayor Andrew J. Ginther
Grant
The AHT Grant Program for Housing Innovation helps fund home repairs and subsidizes housing-related initiatives for nonprofits. The program’s first component provides funding for home repairs to individuals for exterior and interior home repairs that address health and safety, accessibility or code violations. These funds are disbursed to nonprofit organizations who currently operate repair programs.
The grant program’s second component provides funds to nonprofit organizations for non-production projects that support their existing housing. For example, a grant could be used to erect a fence, create a laundry room or fund other similarly specific projects.
2023 saw the second year of the AHT Grant Program for Housing Innovation. This program has granted over $500,000 in funding for home repair and non-production projects to twelve nonprofit organizations.
Past, Present, Future Event
In November, AHT celebrated its past, present and future! In commemoration of the retirement of Robert Weiler, Sr. who served on the AHT board of directors since 2001 and as chair since 2018, and as a welcome to AHT’s first female board chair, Lauren Hagan.
The event, held at COSI, was two-fold. In addition to the celebration, AHT accepted donations towards the Maude Hill Growing Homeownership Fund. This initiative from Convergence Columbus and Homeport, will help to close Columbus’ homeownership gaps through targeted down payment assistance, comprehensive housing counseling, and wrap-around support for sustainable homeownership. Donations from the event brought in $30k towards the fund!
AHT RIF Launch
On November 20, 2023, AHT announced the Regional Impact Fund. In collaboration with key investors, this $60 million groundbreaking initiative aims to address the pressing need for affordable housing in the region.
Our board
Gradient Text Robert Weiler
Chairman
The Robert Weiler Co. Chairman
Gradient Text Michael A. Childs
United MidWest Savings Bank
VP Community Development Director
Gradient Text Dr. Victor Davis
Trinity Baptist Church
Senior Pastor
Gradient Text Bill Faith
COHHIO
Executive Director (retired)
Gradient Text Sean Grant
Columbus Partnership
Chief Financial & Administrative Officer
Gradient Text Matthew Keating
Huntington Bank
SVP & Region Manager
Gradient Text Ian R.D. Labitue
Kaufman Development
Director of Finance
Gradient Text Jacquelin Lewis, Esq.
Bricker & Eckler, LLP
Partner
Gradient Text Stephen S. Wittmann
The Wittmann Company
Principal
Gradient Text Jodelle Carder
Woda Cooper Communities
Senior Vice President (retired)
Gradient Text Joel Coleman
Nationwide Investments
Chief Investment Officer
Gradient Text Sandy Doyle-Ahern
EMH&T
President
Gradient Text Autumn R. Glover
AndHealth
Vice President Provider & Community Partnerships
Gradient Text Lauren Hagan
Columbus Metropolitan Library
Chief Financial Officer
Gradient Text Hal Keller
Ohio Capital Corporation for Housing
President (retired)
Gradient Text Bill Lafayette Ph.D
Regionomics, LLC
Owner
Gradient Text Mary Love
Columbus Urban League
VP & CFO (retired)
Gradient Text Donald B. Shackelford
Chairman Emeritus
Our Staff
Gradient Text Lark T. Mallory
President & CEO
Gradient Text David Butcher
Director of Lending
Gradient Text Tami Conrad Zangmeister
Loan Portfolio Manager
Gradient Text Brandie Hancock
Director of Operations
Gradient Text Mary Ann Hopper
Accountant & CDFI Grants
Gradient Text Jess Patterson
Program/Project Director
Gradient Text Janie Boykin
Legal Assistant
Gradient Text Kiana Cleveland
Staff Accountant
Gradient Text Tyler Finken
Senior Accountant
Gradient Text Tyneisha Harden
Director of EDAP and Community Engagement
Gradient Text Brian McClellan
Controller
Gradient Text Michelle Proulx
Vice President
Our Partners
Franklin County Board of Commissioners
Gradient Text Kevin L. Boyce
President
Gradient Text Erica C. Crawley
Commissioner
Gradient Text John O'Grady
Commissioner
The City of Columbus
Columbus
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Columbus City Council
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Columbus
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Nicholas J. Bankston
Columbus
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Nancy Day-Achauer
Columbus
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Council President Pro Tem Rob Dorans
Columbus
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Lourdes Barroso de Padilla
Columbus
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Council President Shannon G. Hardin
Columbus
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Emmanuel V. Remy
Columbus
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Melissa Green
Columbus
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Christopher L. Wyche
Columbus
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Shayla Favor
Gradient Text Mayor Andrew Ginther
Support us
The Affordable Housing Trust is a nonprofit 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
1234 E. Broad St. • Columbus, OH 43205 (614) 251-4000
1270-1272 Atcheson
Gamal and Amelea Harding are graduates of AHT’s Emerging Developers Accelerator Program (EDAP) and the founders of Dream Living. Over the past five years, Dream Living has renovated and managed the renovations of over 100 properties. 1270-1272 Atcheson involves the acquisition and rehabilitation of a townhome-style duplex at the corner of Atcheson Street and Champion Avenue on the near east side. Each rehabbed unit has three-four bedrooms and, utilizing their $306,225 loan, will receive new flooring and other miscellaneous repairs and upgrades.
Cherry Blossom
Cherry Blossom is a development for seniors located at 5225 Cherry Creek Parkway on the southwest side of Columbus. The community features walking trails, libraries and game rooms as well as a gazebo. Laundry, cleaning and shuttle transportation are also available for residents. National Church Residences has obtained a $4,313,720 loan for the acquisition and rehabilitation of 54 one-bedroom units. The units will receive new flooring, doors, upgraded PTAC units, kitchen and bathroom renovations. The building will receive new roofing, gutters/downspouts, windows, boilers and upgrades to the common areas, parking lot and management offices.
Courtyard Apartments
As an inaugural member of the EDAP, Matthew Drane is bringing his real estate expertise to the development of Courtyard Apartments. Along with his partners, the Drane Property Group has received a $3,093,654 loan for the acquisition of 40 units located at 1462-1490 Elaine Road in the Leawood neighborhood. With easy access to the freeway, the community offers two-bedroom townhomes with individual entrances, dine-in kitchens, and basements with washer/dryer connections. Renovations will include new windows, subflooring, cabinets, landscaping, and exterior maintenance.
Ebright Road Apartments
The Daimler Group has received a $5MM loan for the new construction of Ebright Road Apartments. Located at 5141 Ebright Road in Canal Winchester, this project will create 198 units of affordable housing. Nine, three-story walkup buildings make up this new development, each building containing one, two and three-bedroom units. Each apartment will feature well-equipped kitchens, central air conditioning, washer/dryer, patio/balcony, and walk-in closets in the master bedrooms. The development will also have a community clubhouse with on-site management, a community activity room, a fitness center, and a coffee bar. Additionally, there will be a picnic and barbecue area, a dog park, and a walking trail. Located minutes from the freeway, shopping, and dining, an industrial park and Rickenbacker airport offer potential employment opportunities and community services to future residents.
Poplar Fen Place
The Community Housing Network (CHN) has received a $4.75MM loan for the new construction of 44 one-bedroom units in east Columbus. Poplar Fen place, located at 5981 Chatterton Road, will offer permanent supportive housing for seniors aged 55 and older who are homeless/at-risk of homelessness as well as those with persistent mental illness and/or addiction. The property will operate with project-based Section 8 Housing Choice Vouchers administered through the Columbus Metropolitan Housing Authority and CHN will provide on-site support services. Front desk staff will be on-site 24/7 and will monitor the building’s entrance and security cameras.
Starling Yard
Starling Yard received a local landmark designation from the City of Columbus Historic Resources Commission. The project involves the adaptive reuse and new construction of affordable housing for families to be located at 120 South Central Avenue in West Franklinton. The former West High School will contain 45 two-bedroom units. Woda Cooper, together with the Franklinton Development Association (FDA), obtained a $8.75MM loan and will erect two additional buildings containing 52 one and 3-bedroom units. Each unit will receive a full suite of kitchen appliances including dishwasher, air conditioning and washer/dryer hookups. The project will include an on-site rental office, community room and a laundry facility. FDA will provide supportive services for tenants.