This affordable housing community will be located on the South Side of Columbus, Ohio, adjacent to Touchstone Field Phase I, a 56-unit permanent supportive Low-Income Housing Tax Credit (LIHTC) housing development that was financed in 2021 by Huntington Community Impact Capital (CIC).
Huntington CIC provided $6.7 million of construction financing. Additionally Huntington invested $4 million of LIHTC equity through its participation in a third-party multi-investor fund.
The project sponsor is Community Housing Network, Inc. (“CHN”). For 37 years, CHN has provided stability for those who have experienced homelessness and people contending with mental illness, substance use disorder, or trauma-related issues who need supportive services and resources to move forward. Since its formation, CHN has developed more than 1,400 affordable units in Franklin County, and currently serves more than 2,000 people in independent housing across Columbus and the surrounding communities.
Huntington is proud to support this highly impactful affordable housing development that will provide stability and support to community residents in need.