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Columbus City Council Approves $400,000 Grant for 60-Unit Affordable Apartment Development, The Northam

  • When: 2025/07/23
  • Address: 5430 North Hamilton Road, Columbus, OH
  • City: Columbus
  • State: OH
  • Category: Economic Development Incentives
  • Subcategory: Grants
  • Asset Class: Multifamily
  • Property Type: Affordable Housing
  • Size (Units): 60 Units
  • Size (Dollars): $400,000.00

The Columbus City Council authorized the Director of Development to enter into a grant agreement with Columbus Housing Partnership, Inc. (dba Homeport) for up to $400,000 to support the development of "The Northam," a 60-unit affordable apartment project located at 5430 North Hamilton Road. The four-story building will offer a mix of 25 one-bedroom, 28 two-bedroom, and 7 three-bedroom units, serving families with income levels ranging from 30% to 70% Area Median Income (AMI). The total estimated development cost for the project is $21.1 million, financed through public and private sources. The ordinance also allows for reimbursement of construction expenses incurred prior to the execution of a purchase order, starting January 1, 2023. Homeport, through its subsidiary Hamilton Place Housing, Inc., will serve as the managing member and will provide supportive services to residents.

Source

Applicant - Columbus Housing Partnership, Inc.


Ownership - Columbus Housing Partnership, Inc.


Developer - Columbus Housing Partnership, Inc.