Franklin County OKs $5M to help minority, female developers create affordable housing

With more than 30,000 evictions in Franklin County since the COVID-19 pandemic began and one-fourth of renters saying they lack confidence they will be able to pay their rent, county officials have further committed to addressing the affordable housing crisis in the Greater Columbus region.

The Franklin County Board of Commissioners on Tuesday approved a $5 million grant from its federal COVID-19 funds to the Affordable Housing Trust of Columbus and Franklin County. The trust is an independent, nonprofit lender that works with private, nonprofit and public sectors to develop affordable housing in the city and county.

Boost spending capacity for emerging developers who are women and people of color whose projects are transforming neighborhoods; and"It's vital that we continue to increase the stock of affordable housing for our residents and doing that in a way that also gets more women and minorities into the real estate development business is a win-win," Franklin County Board of Commissioners President Erica Crawley said.

In 2021, the county invested in 600 new units across seven affordable housing projects and spent more than $3.2 million to prevent homelessness and help those who don't have a place to live, Crawley said previously.

My rent is virtually unaffordable. Stop taxing me to pay for others, I can't afford it.

Sounds like a crony crapitalist boondoggle. And discriminatory as hell since it's earmarked for people based on race and gender. Every time government meddles into housing to make it affordable, the prices just go up. It's almost like it's all a scam.

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