Columbus business and community leaders launch new affordable housing effort - by Debbie Holmes, WOSU 89.7 NPR News
A new non-profit group in Columbus is putting its own spin on a public-private partnership for creating more affordable housing.
Columbus Housing Enterprise (CHE) was recently formed by local business and community leaders Don Kelley and Robert Weiler and their families.
Working with the Columbus Metropolitan Housing Authority (CMHA), CHE has acquired Copperleaf apartments in Dublin from Kelley and Weiler for $8 million, half of the market price.
Bob Weiler, Don Kelley and John Edgar team up on new nonprofit to preserve affordable housing in Central Ohio - by Bonnie Meibers, Columbus Business First
Three Columbus real estate and affordable housing power players have started a new nonprofit.
The newly formed Columbus Housing Enterprise aims to keep naturally occurring affordable housing affordable. Bob Weiler and Don Kelley started the nonprofit; former Community Development for All People Executive Director John Edgar will serve as its president.
"This is a meaningful vehicle for preserving naturally occurring affordable housing," Edgar said. "This group is absolutely committed to figuring out the affordable housing crisis we're in."
New nonprofit and CMHA buy Northwest Side apartments for affordable housing - by Mark Ferenchik of The Columbus Dispatch
A new nonprofit is teaming with the Columbus Metropolitan Housing Authority to buy the Copperleaf Apartments off Sawmill Road on the city's Northwest Side with the goal, they say, of preserving affordable housing in a region that needs more of it.
The Columbus Housing Enterprise and CMHA are paying $8.1 million for the 108-unit property from a partnership of companies headed by local developers Bob Weiler and Don Kelley.
The units will be aimed at those making 80% or less of the area median income, which is $52,500 for one person and $74,950 for a four-person household.
Partners to improve existing Columbus apartment complex and keep affordable - by Lu Ann Stoia WSYX ABC6
COLUMBUS, Ohio (WSYX) — A new partnership between the Columbus Metropolitan Housing Authority (CMHA) and an emerging non-profit is developing a strategy to create more affordable housing in Franklin County.
The Columbus Housing Enterprise (CHE) was formed by developers Bob Weiler and Don Kelley and their families.
The project ensures the apartment complex will remain affordable for lower-wage-earning families, senior citizens, and people with disabilities for the next 75 years.