Fund for Franklin County affordable housing has loaned $22.3 million

A housing fund created in 2019 to loan $100 million to create affordable housing in Franklin County has so far financed projects to construct or rehab more than 1,000 units.


Carlie Boos, the executive director of the Affordable Housing Alliance of Central Ohio, said next steps need to be taken, such as more money for grants for housing and underwriting support for extremely low-income tenants.

Experts have been saying households should pay just 30% of their income on housing, Boos said.

"The damage has bene done by COVID-19," she said. "We can bake it in or stop it in its tracks and deal with it now."