Germantown YWCA Community Meeting Presentation
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
The Heritage—Columbus, OH<br />
The Heritage (f.k.a. Agler Green) is a 384 unit project<br />
based Section 8 development on 35 acres.<br />
The once crime riddled development known as<br />
“Uzi Alley” has 100% occupancy. The Heritage at<br />
the time it opened for leasing in 2003 had 1000<br />
applicants and a two year waiting list. It continues<br />
to be a marquee development in Columbus,<br />
OH. Part of the attraction is the size of the units,<br />
which are very large for a project based Section 8<br />
property. The Heritage was the largest affordable<br />
housing development in the State of Ohio for<br />
two years and the largest single project in Ohio<br />
Capital Corporation for Housing’s (OCCH) equity<br />
investment portfolio. This property was featured<br />
in Affordable Housing Finance magazine for its<br />
creative finance structure and was recognized by<br />
HUD for having completed the first IRP Decoupling<br />
through OMHAR in the country. The property<br />
features a community center, five playgrounds<br />
and basketball courts. Residents have been able<br />
to participate in numerous activities sponsored by<br />
The KBK Foundation, the community supportive<br />
services entity of KBK Enterprises. The total project<br />
cost for this development was $26 million.<br />
16