This ordinance authorizes a $1.7M grant to National Church Residences for the construction of Bretton Woods Phase II, a 60-unit senior housing community in the Northland neighborhood. The development will feature a fitness area and easy access to local amenities. The project is funded with 4% LIHTC, the newly created Ohio Low Income Housing Tax Credit along with city funding. This senior community will offer one-bedroom units with affordability set for residents at 50-60% AMI, incorporating building design features to enable aging in place.
The project provides much-needed affordable housing for seniors in a CelebrateOne Neighborhood, addressing housing affordability issues in Columbus.