Cuyahoga County Announces Plan to Allocate Funding for Affordable Housing

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Funds will be used for the new construction and rehabilitation of 480 housing units

 

CUYAHOGA COUNTY, OH — Today, Cuyahoga County announced plans to allocate $5.5 million in Affordable Housing Gap Financing Loans. The proposed allocation will utilize federal HOME Investment Partnership Act funds and requires approval from Cuyahoga County Council. If approved, the funding will support permanent supportive housing through the creation of housing units for homeless veterans, seniors, and disabled adults. The funding will also support affordable housing through the new construction of units for senior and multi-family housing and the substantial rehabilitation of units for senior housing.

“We are committed to understanding and finding solutions for the housing challenges faced by individuals and families across Cuyahoga County,” said Cuyahoga County Executive Chris Ronayne. “Our goal is to use this funding to ease the burden of housing insecurity for those who need it most, because everyone deserves a safe, stable place to call home.”

This funding allocation proposal reflects the findings of the County’s newly released housing study and the administration’s commitment to ensuring sustainable, affordable housing for all residents. These projects will build on efforts to expand housing opportunities, while strengthening communities through partnerships with developers and nonprofit organizations.

“Housing affordability continues to be a significant issue for many of our residents, and a top reason for displacement and homelessness,” said Sara Parks Jackson, Director of the Cuyahoga County Department of Housing and Community Development. “By creating pathways to financial assistance, we are able to remove some of the obstacles that stand between people and a chance at long-term sustainable housing.”

Projects include:

  • Cleveland West Veterans Community Housing Development Organization
  • Creation of units for veterans in Cleveland
    • Hough Senior Community Housing Development Organization
  • Creation of units for seniors in Cleveland
    • North Coast Community Housing Development Organization
  • Acquisition & rehabilitation of single-family homes for disabled adults
    • Cleveland Heights Senior
  • Construction of units for seniors in Cleveland Heights
    • Depot on Detroit
  • New construction of units for multifamily housing in Cleveland
    • Gateway 66
  • New construction of units for multifamily housing in Cleveland
    • Innovation Square 2
  • New construction of units for seniors in Cleveland
    • Kirby Manor
  • Rehabilitation of units for seniors
    • MidTown Lofts
  • New construction of units for multifamily housing in Cleveland
    • Walton Senior
  • New construction of units for seniors in Cleveland

About the Cuyahoga Countywide Housing Study

The Cuyahoga Countywide Housing Study was completed by the Center for Economic Development in the Levin College of Public Affairs and Education at Cleveland State University. The study aims to guide the newly established Office of Housing and Community Development in formulating housing policies and action strategies for Cuyahoga County and its municipalities. The Center for Economic Development utilized housing data and stakeholder interviews to assess the county's housing needs. The study addresses challenges such as mismatched housing stock, an aging population, affordability issues, and programming difficulties. To tackle these disparities, the study identifies key metrics, recommends best practices, and adopts place-based approaches to meet the diverse housing needs of county residents. It emphasizes the importance of influencing local, state, and federal public housing policy.


  
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