A new Columbus-area program seeks to remedy the region's affordable housing shortage by helping minority and female developers build more homes.
The program, called the Emerging Developers Accelerator Program, will provide education and funding for the developers in the hopes that they will provide more housing.
The accelerator program was created by tAn estimated 54,000 low-and moderate-income households in Franklin County are spending more than half of their incomes on housing, according a 2017 estimate by the Affordable Housing Alliance of Central Ohio. According to the Alliance, one in five Columbus-area renters was unsure in December how they were going to make their next rental payment.
he Affordable Housing Trust for Columbus and Franklin County and is being funded by the city of Columbus, Franklin County and JPMorgan Chase.