A Letter from the President & CEO
Homeport’s 30th anniversary in 2017 provided a platform to celebrate having built 5,000 apartments and single-family homes and counseled more than 30,000 individuals in need of financial and homebuyer education.
We also celebrated the future with whirring drills and pounding hammers from 33 single-family homes being built in Milo-Grogan, and cars and trucks delivering personal items of seniors moving into a new 64-unit apartment building in Whitehall we call Hamilton Crossing.
But to sustain a business – and that is what we are at Homeport – one needs to routinely assess practices. In 2017, we chose to rely more on Central Ohio’s numerous social service organizations to provide access to what they are great at doing. Resident services enhance the chances of family, financial and community stability. It leads to jobs, better health and improved economic conditions as well as financial education. It is what separates us from other home providers.
We also began exploring partnerships and financial sources to grow our real estate stock faster, to meet the demands that exist in our community, to reduce the toxic stress that exists when residents pay a disproportionate percentage of their income for rent.
Today, we use and continue to use the Low-Income Housing Tax Credit Award program as our primary construction financing tool. It is an essential tool needed to develop rental units with restricted rents, a great public-private partnership. However, the annual tax credit awards are limited and competition for them is fierce, not to mention the amount of awards are capped in any one year. So, we must continue to seek new ways to fill the gap of affordable housing in Central Ohio. We are now seeking new sources of capital and partnerships with social minded investors and market rate developers to meet the housing needs of low to middle income residents.
Finally, to enhance the likelihood of success in building homes and resident services, we must be a high-performing, financially strong organization. We pride ourselves on our strong balance sheet and disciplined financial performance. As important, is the dedication to our team at Homeport. In 2017, Homeport invested in extensive leadership, management and functional training and we will continue to develop our staff to be great leaders and partners. Bottom line: if we want to be the best, then Homeport must ensure that its core values - trust, accountability, collaboration, respect and quality – are supported and practiced every single day.
Homeport had a very productive and successful 2017. I encourage you to join us or help us more in creating affordable and workforce housing. While we continue to stay focused on our core mission of closing the gap on affordable housing, we must turn up the volume even more.
The Kelley Family
2017 Voice & Vision Award Recipients
With a passion for helping those less fortunate, and a large extended family involved in giving back, the Kelley family exemplifies the Voice & Vision Award. Read More ›
Close the Gap
Homeport welcomed ninety-nine new residents in 2017 and continued its commitment to providing safe, quality homes to thousands in Central Ohio who can't afford market-rate housing.
Watch: Impact in Milo-Grogan
Partner Profile: State Auto
Laser Focus on Clients
Homeport served 748 total residents as they themselves spread a spirit of volunteerism and fulfilled long-held dreams of homeownership in 2017.
Housing Advisory Services
Watch: Serving Residents
Watch: Housing Advisory
Homeport continued to link arms with outstanding partners in 2017, bringing rich experiences and transformative services to our residents.
Watch: Partnership with Capital University Students
Partner Spotlight: Ohiohealth mammograms
High Performance Culture
2017 marked continued investment in developing leadership and high-caliber talent at Homeport.
Donors & Grantors Made All the Difference
Thank you for providing dignity, security and opportunity to so many in 2017!
Affordable Housing Trust
Bank of America
Barbara Poppe & Associates
Big Lots Foundation
Byers Minton & Associates
City of Columbus
Clark Schaefer Hackett
Community Development Collaborative
Crabbe Brown & James
Credit Card Gifts c/o The Columbus Foundation
Enterprise Community Partners
Fifth Third Bank
First Church of God
First Community Foundation
Franklin County Department of Economic Development & Planning
Gifts of Kindness c/o The Columbus Foundation
Greater Columbus Community Helping Hands (GCCHH)
Grote Family ("Humingbird") Fund of the Columbus Foundation
Hank & Dorothy Evans
Harry C Moores Foundation
Housing Partnership Network
Impact Community Action
Jill Beckett Hill
Jodie Diewald Dryer
JP Morgan Chase Foundation
Kelley Family Fund of the Columbus Foundation
Kirk Williams Company
Kohr Royer Griffith
L Brands Foundation
Lara & Eric Gleckler
Mark & Kelly McCullough
MI Homes Foundation
Mount Carmel Foundation
Nationwide Children's Hospital
Nationwide Insurance Foundation
NP, LP (Polaris)
Oakwood Management Company
Ohio Capital Corporation for Housing (OCCH)
Ohio Department of Education
Ohio Housing Finance Agency (OHFA)
Park National Bank
Patrick & Susanne Grabill
Porter Wright Morris & Arthur
Red Capital Group
Rhema Christian Center
Rob & Dawn Barkley
Rob and Dawn Barkley Fund
Rockerfeller Fund for Shared Insight
Squire Patton Boggs
St Charles Prepratory School
TCF Fellowship Fund
The Big Give Bonus Pool
Third Federal Savings
Union Savings Bank
United Way of Central Ohio
Urban League of Columbus
Vogt Santer Insights
Walter Family Fund of the Columbus Foundation
Weiler Family Fund of the Columbus Foundation
Wright Patt Credit Union
A year of Impact
Take a closer look at how your support built dignity for seniors, families, and children on a limited income.
Investment with Human Returns
You can lift up vulnerable people across Central Ohio. Read the Gifting Guide to discover meaningful investment opportunities.
We're an Open Book
Here's a summary of Homeport's 2017 audited financial statement.
|Support And Revenue|
|Contributions & Pledges||$1,101,759|
|Rental & Other Revenue||$678,176|
|Total Support & Revenue||$4,452,631|
|Management & General Operations||$1,101,759|
|Change in Net Assets from Operations||($1,093,758)|
|Change in Unrestricted Net Assets||$455,924|
|Change in Temporarily Restricted Net Assets||$455,924|
|Change in Permanently Restricted Net Assets||($300,000)|
|Change in Total Net Assets||($890,592)|
|Net Assets - Beginning of Year||$18,218,737|
|Net Assets - End of Year||$17,328,145|
Support and Revenue
Back Row, Left to Rright:
Emmett M. Kelly, Matthew Keating, Stefanie Steward-Young, Stan E. Collins
Middle Row, Left to Right:
Linda Flickinger, Julee Stephenson, Melissa Centers, Stephen R. Buchenroth, Mike Lange
Front Row, Left to Right:
Christy L. Hune, Sara Neikirk, Hank Evans, Michael Kelley
Mark McCullough, Michael C. Mentel, Michael Purcell, Mark Pringle, Paula Hughes, Anthony Anzic, Kristopher “Kip” Wahlers