Fieldstone Cottages

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Fieldstone Cottages is a new construction project for a 40-unit low income housing tax credit (LIHTC) development for seniors aged 55 and older in Columbus, Ohio. It is adjacent to Homeport’s 42-unit affordable senior project, Fieldstone Court, a past project financed by Huntington in 2007. Huntington Community Impact Capital (CIC) will provide a $9.2 million construction loan, which will convert to a $1.2 million permanent loan at stabilization.

Fieldstone Cottages

Homeport is a non-profit developer based in Columbus, OH whose mission is to create strong communities by developing quality, affordable homes. They aim to close the housing gap by 250 individuals per year through LIHTC developments. Since 1987, Homeport has participated in the development, sale, and preservation of more than 4,000 housing units in central Ohio. Homeport has been a long-term and important partner of Huntington.

This property will create a positive impact to the local community, and Huntington is proud to be the financing partner with Homeport on this important project.