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.
Create and preserve affordable homeownership and rental housing.
Strengthen and stabilize neighborhoods.
Support working households, seniors, and special needs populations.
1,965Housing Units
$76MMLoans Closed
$494MMEconomic Activity
In January of 2024, AHT closed The Affordable Housing Trust’s Regional Impact Fund (RIF). The RIF provides a flexible source of dollars that expands the resources available for investment in affordable housing development within an eight-county area, including Franklin and the contiguous counties and Knox County.
With the support of the City of Columbus and Franklin County, investors in the RIF include:
| Project Name | Loan Amount | Units |
|---|---|---|
| Hamilton Place | $1,000,000 | 60 |
| Clover Glen II | $722,100 | * |
| Hebron Senior | $2,000,000 | 42 |
| Hebron Senior | $500,000 | * |
| Deer Hill Place | $650,000 | 60 |
| Kingsley Park | $5,000,000 | 180 |
| Juniper Crossing | $5,000,000 | 44 |
| Juniper Crossing | $500,000 | * |
| Juniper Crossing II | $5,000,000 | 37 |
| Juniper Crossing II | $500,000 | * |
| Granville Woods Lofts II | $3,000,000 | 60 |
| Granville Woods Lofts I | $5,000,000 | 58 |
| Granville Woods Lofts I | $500,000 | * |
| Sells Greene | $2,000,000 | 40 |
| Trolley Apartments | $2,000,000 | 78 |
| Project Dream Maker Phase III | $100,000 | 1 |
| Goodwill HQ | $3,000,000 | 193 |
| Bexley Apartments | $880,000 | 43 |
| Franklinton Single Family Homes | $950,000 | 5 |
| Franklinton Single Family Homes | $197,000 | * |
| Elevate 340 | $5,000,000 | 66 |
| Elevate 340 | $595,000 | * |
| Whitethorne & Whittier | $767,000 | 7 |
| Whitethorne & Whittier | $265,775 | * |
| Shephard Communities | $1,700,000 | 10 |
| Idlewild | $724,500 | 4 |
| Idlewild | $40,250 | * |
| Emerald Place | $5,000,000 | 216 |
| Emerald Place | $500,000 | * |
| October Ridge | $1,763,750 | 20 |
| Zelle at Polaris | $8,000,000 | 84 |
| 3143-3145 Maize Road | $190,000 | 2 |
| 3143-3145 Maize Road | $10,500 | * |
| NCJC Downtown | $5,000,000 | 120 |
| NCJC Downtown | $500,000 | * |
| Arch City Development | $635,000 | 3 |
| The Sullivan | $5,000,000 | 132 |
| Heath Central Park | $2,550,000 | 400 |
| Total | $ 76,740,875 | 1965 |
| *AHT sometimes makes more than one loan on the same project. Units marked with an asterisk have been previously counted. | ||
| Assets | |
|---|---|
| Cash and Cash Equivalents | $57,745,519 |
| Account Receivable | $46,500 |
| Capital Assets - Net of Depreciation | $20,842 |
| Notes Receivable - Net of Allowance | $161,466,087 |
| Accrued Interest Receivable | $1,382,300 |
| Other Assets | $955,796 |
| Total | $221,617,044 |
| Liabilities & Net Assets | |
|---|---|
| Current Liabilities | $1,827,253 |
| Non-Current Liabilities | $92,653,970 |
| Total Net Assets | $127,135,821 |
| Total | $221,617,044 |
| Revenues | |
|---|---|
| Operating Revenues | $5,653,731 |
| Program Revenues | $15,760,899 |
| Total Revenues | $21,414,630 |
| Expenditures | |
|---|---|
| Payroll and Payroll Related Expenses | $1,733,708 |
| Other Expenses | $4,020,856 |
| Total | $5,754,564 |
"Safe and stable housing is foundational to the success of children, families and communities. By partnering with the Affordable Housing Trust, we are helping to create access to affordable housing and build stronger, more resilient communities. This investment will benefit not only today's residents but future generations as well."
Alicia Townsend
Community Affairs Manager at U.S. Bank
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 over 50 participants. Those participants have, to date, created or preserved more than 100 affordable units in the area.
The third cohort was completed on June 27, 2024, and the fourth session began on September 4, 2024. Special thanks to the city of Columbus, Franklin County, JPMorgan Chase and US Bank for collaborating with AHT in our continuous efforts!
On April 29, 2024, AHT in partnership with the Columbus Urban League, hosted the Making Impact Through Collaboration Continuing Education Symposium. EDAP graduates and cohort members were invited to participate in this one-day networking event in order to explore joint ventures in real estate development.
The event was attended by area developers and community leaders, as well as local and state politicians, many of whom served as panelists. Attendees were also treated to a virtual reality walkthrough of a property developed by an EDAP graduate.
Sean Grant
Chairman
Chief Financial & Administrative Officer
Columbus Partnership
Jodelle Carder
SVP (retired)
Woda Management & Real Estate, LLC
Michael A. Childs
VP, Community Development Director
United Midwest Savings Bank
Joel Coleman
Chief Investments Officer
Nationwide Investments
Bill Faith
Executive Director (retired)
COHHIO
Autumn R. Glover
VP, Provider & Community Partnerships
AndHealth
Lauren Hagan
Chief Executive Officer
Columbus Metropolitan Library
Matthew Keating
SVP & Region Manager
Huntington National Bank
Hal Keller
CEO Emeritus
Ohio Capital Corporation for Housing
Bill Lafayette PH.D
Owner
Regionomics, LLC
Jacquelin Lewis, ESQ.
Partner
Bricker & Eckler, LLP
Stephen S. Wittman
Principal
The Wittman Company
Robert Weiler
Immediate Past Chair
The Robert Weiler Co.
Donald B. Shackelford
Chair Emeritus
AHT board member and champion of education, who passed away on Wednesday, January 1, 2025. We were privileged to have her expertise for seven years as well as her service as chair of the audit committee. She was active in her role and kept everyone on their toes! We will all miss her beautiful smile and gracious spirit. As her family so eloquently stated:
"Mary's life was a testament to faith, love, perseverance, and service. Her legacy will live on in the countless lives she touched, in the love she shared so freely, and in the lessons she taught through her unwavering strength and boundless kindness."
Ian R.D. Labitue
President & CEO
David Butcher
Director of Lending
Kiana Cleveland
Staff Accountant
Tami Conrad Zangmeister
Loan Portfolio Manager
Brandie Hancock
Director of Operations
Mary Ann Hopper
Accountant & CDFI Grants
Brian McClellan
Controller
Jess Patterson
Program/Project Director
Michelle Proulx
Vice President
Michele Sinacori
Senior Accountant
Allison Sponhaltz
Asset Manager
AHT’s Board and Staff would like to express our gratitude for Steve Gladman who returned briefly in 2024 to serve as our Interim President and CEO. His effortless leadership laid the groundwork for a seamless transition into 2025 with the new President and CEO of AHT, Ian Labitue. Thank you Steve!
Erica C. Crawley
President
Kevin L. Boyce
Commissioner
John O'Grady
Commissioner
Andrew Ginther
Mayor
Shannon G. Hardin
Council President
Rob Dorans
Council President Pro Tem
Nicholas J. Bankston
Lourdes Barroso De Padilla
Otto Beatty
Nancy Day-Achauer
Melissa Green
Emmanuel V. Remy
Christopher L. Wyche
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.
