The Columbus City Council has approved a significant rezoning and funding measure to support the development of the NCJC Downtown Campus, a proposed affordable housing tax credit development located at 266 E. Main Street. The project will deliver 120 units of affordable housing across a mixed-use development with parking and commercial space. Targeting families, the development will offer 58 one-bedroom units, 48 two-bedroom units, and 14 three-bedroom units. The units will be affordable to families earning between 30% and 80% of the Area Median Income (AMI), with an average AMI between 55% and 60%. Additionally, 24 units will be set aside for those earning 30% of the AMI, providing a potential housing solution for individuals currently residing in local shelters. The project will also obtain LEED Silver Green Certification and offer amenities such as resident parking, a playground, and exercise equipment. Emergency approval was requested to ensure the project meets financing deadlines, avoiding delays that could impact the delivery of much-needed affordable housing in downtown Columbus.
This rezoning and funding approval are crucial for addressing the affordable housing shortage in Columbus, particularly in the downtown area. The project will provide safe and affordable housing options for families and individuals at risk of homelessness, while also contributing to the city's broader economic development goals.