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Better Homes.

Bigger Dreams.

Brighter Futures.

 

2018 Annual Report

Messages from the Board Chair and the President & CEO

 
Homeport Board Chair Chris Hune, Left, and President & CEO Bruce Luecke

Homeport Board Chair Chris Hune, Left, and President & CEO Bruce Luecke

 
 

While continuing to sell or rent single family homes and apartments to low-to-moderate income households, Homeport significantly expanded its mission in 2018 to also build for working class families. 

By the end of the year, Homeport was advancing developments in Whitehall and Columbus for individuals and families making up to 100 percent of the area’s median income -- $76,400 for a family of four. 

Homeport has traditionally served individuals, families and seniors making no more than 60 percent of the area median income, $45,840 for a family of four. The decision to expand became apparent as Central Ohio income growth continued to lag, by half, rental rate increases.

Constructing homes for teachers, policemen, firefighters, skilled trade and warehouse workers will require new sources of capital and, at times, partnerships with socially minded investors and market rate builders. 

Our Whitehall project, 102 apartments in a four-story building, will be built by our organization with traditional financing as opposed to Low-Income Housing Tax Credits (LIHTC), our financial workhorse.  

In 2018, we also reached an agreement, without LIHTC funding, with a well-known market rate real estate developer for a mixed income project in Columbus. Fifty percent of the units will be for individuals or families earning no more than 100 percent of the area median income. 

The need for both low-income and workforce housing cannot be understated. 

In 2015, a study released by the Affordable Housing Alliance of Central Ohio said that 54,000 families were paying at least 50 percent of their income for rent. 

In May 2018, the National Low-Income Housing Coalition released an annual study that stated the Columbus Metropolitan Area had the most expensive “housing wage” in Ohio. 

A local family needed to earn $17.50 an hour ($36,400 a year) to afford a market rate two-bedroom apartment rent of $910 a month.

That same report said renters -- 40 percent of the overall housing market -- earn an average of $15.31 an hour and should not be spending more than $796.

 Educational opportunities and a diverse, growing economy have made Central Ohio a very desirable area. In April 2018, Realtor.com ranked us the fourth hottest housing market in the country after Midland, TX, Boston and San Francisco. A year later we were No. 1. 

The housing market is being pressured by inventory shortfalls. Homes are being snapped up quickly and often for more than the original asking price.

And then there is this: Central Ohio is projected to add 1 million residents by 2050. This will create additional demand on homes for sale, which in turn effects the price of homes being rented.

A message from Board Chair Chris Hune

Homeport remains committed to building low-to-moderate income rental housing. 

In 2018, Homeport:

  • Began building a LIHTC-funded 30-unit apartment complex in Reynoldsburg. It is a beautiful location off Livingston Avenue across the street from Blacklick Woods Metro Park and close to Reynoldsburg High School. It will provide stability for children going to school and a bus line for parents going to work.

  • Built nine single family homes for sale in historic American Addition, homes made affordable thanks to a subsidy from the City of Columbus.

  • Dedicated Hamilton Crossing, a 64-unit senior housing community in Whitehall, with a special ceremony attended by the residents as well as Mayor Kim Maggard and Franklin County Commissioner Marilyn Brown.

  • Completed 33 new lease-option homes in Milo-Grogan, capping rents at no more than $725 a month. U.S. Secretary of Housing and Urban Development Dr. Ben Carson visited one of the homes to tout “Opportunity Zones” created in the tax code overhaul.

Milo-Grogan also benefitted from repairs on 16 homes and 5 businesses thanks to grant funds from Fifth Third Bank and Ohio Capital Corporation for Housing. More repairs are slated in 2019 thanks to generous contributions from The Columbus Foundation and NiSource. 

Homeport, through its homebuyer education classes and supplemental counseling, played a key role in 350 clients purchasing homes that collectively sold for over $50 million in 2018.

One of those clients was Joyce Mayne, a retired Columbus City Schools custodian who bought a home she had been renting nine years from Homeport. In becoming a first-time homebuyer -- just in time for her 75th birthday -- Ms. Mayne fulfilled a dream she and her late husband Larry shared of having a place for family, children and grandchildren, to visit and eventually inherit. 

“Oh wow. Just being here is just something I never dreamed,” she said. “I never dreamed of owning something like this.”

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Bruce Luecke

 
 
 

Not just numbers

Our data tells the story of lives stabilized and dreams realized.

 

2018 Voice and Vision Award Recipient

Reverend John Edgar

 

Reverend Edgar has been a force for good on the south side of Columbus for over two decades. 

Read More › 

 
 
 

Spirit of Homeport Award

Andy and Holly Malone

 
Homeport CEO Bruce Luecke with Holly and Andy Malone.

Homeport CEO Bruce Luecke with Holly and Andy Malone.

 
 

“There’s something really special about connecting the experience of purchasing your own home with helping others find a safe home of their own.”


Realtor Andy Malone and his wife Holly saw people being left behind in the real estate market. Their creative response to the problem earned them the 2018 Spirit of Homeport Award.

Read the Story ›

 

Close the Gap

Affordable homes play a key role in creating an inclusive, accessible city that moves everyone forward.

Homeport helped close the affordability gap in 2019 with investment in places like Reynoldsburg and Milo-Grogan.

 

Joyce Mayne's Story

 

Homeport’s lease-option program helped prove something we always knew was true:

You’re never too old to own your first home.

 
 

Joyce Mayne, through Homeport's lease-option program, became a first-time homeowner just in time for her 75th birthday. A retired custodian from Columbus City Schools, Joyce is living the dream she shared with her husband, Larry, who died from cancer in 2017.

 
 

Development and Neighborhood Revitalization

 

New homes in Reynoldsburg and American Addition are providing families with safe, affordable housing options while also improving the surrounding community.

 

Justin Metzler talks about Blacklick Crossing

Homeport is adding 30 affordable apartments directly across from Blacklick Woods Metro Park in Reynoldsburg. Read More ›

Angela Cradle discusses American Addition

The revitalization of the American Addition neighborhood saw another significant step forward in 2018, with the addition of 9 new homes.

 

Laser Focus on Clients 

Residents accessed new resources like employment assistance and mammogram screenings, and people like Maggie, Essie and Kanica became proud homeowners. It’s all part of our focus on the well-being of residents through economic mobility, improved health, and opportunities for personal advancement.

 

Dress for Success

A new partnership was formed to help women in Homeport communities prepare for employment.

 
 

While the “Dress for Success” store resembles other Short North boutiques, it serves a special social mission – enabling individuals to wear "gently used" professional clothing at job interviews. 

Read the Story ›

 
 

Healthy bodies and minds

Through partnerships, health screenings were provided to vulnerable populations, and kids enjoyed educational, enriching experiences.

OhioHealth’s mammography truck (pictured above at Eastway) came to Marsh Run.

OhioHealth’s mammography truck (pictured above at Eastway) came to Marsh Run.

OhioHealth’s breast cancer screening was brought to Homeport’s Marsh Run and surrounding properties in an effort to correct disparities in care.

Read More ›

Emerald Glen resident Abdullahi “AB” Aliyou on a unicycle at COSI.

Emerald Glen resident Abdullahi “AB” Aliyou on a unicycle at COSI.

Our partners facilitated educational outings for Homeport kids over the summer, including the occasional daring adventure – such as the unicycle ride at COSI.

Read More ›


Housing Advisory Services

 

Homeport’s housing advisory and lease-option programs helped people like Kanica, Essie, and Maggie experience the pride and benefits that come with homeownership.

 
Essie with her daughter Kanica, in front of Kanica’s home.

Essie with her daughter Kanica, in front of Kanica’s home.

After Kanica purchased a home through Homeport’s lease-option program, she was so encouraged by the experience that she helped her mom do the same.

Read Kanica & Essie’s Story ›

Maggie with her son Bryan in front of their home.

Maggie with her son Bryan in front of their home.

Maggie was a hard worker who wanted more for her family. With a little help from Homeport home-readiness classes and lease-option program, she realized a dream.

Read Maggie’s Story ›


 

Leadership Development

Lakeisha, center, with Homeport’s Lawrence Furst II (right) and CPO’s Zipporah Hodge (left).

Lakeisha, center, with Homeport’s Lawrence Furst II (right) and CPO’s Zipporah Hodge (left).

Lakeisha Terry was barely a month inside her new Homeport home in Milo-Grogan when she was asked to host Ben Carson, the U.S. Secretary for HUD. Shortly after, she accepted another challenge: traveling to the Community Leadership Institute held by NeighborWorks America.

Read Lakeisha’s Story ›

 

Cultivating Partnerships

From providing grants to a family-owned cleaners in Milo-Grogan, to much-needed updates at Marsh Run, Homeport’s partners extend the reach of our impact in ways that would be impossible alone.

 
 

Energy-efficient Homes with Columbia Gas

Thirty-three Homes in Milo-Grogan were built to be energy-saving all-stars, thanks to a partnership between Homeport and Columbia Gas.

 
 

Homeport’s partnership with Columbia Gas’ EfficiencyCrafted Homes resulted in less waste, reduced impact on the environment, and lower bills for families in Milo-Grogan.

 
 

Columbus REALTORS® Care Day

 

For the 15th annual REALTOR® Care Day, volunteers worked on a community garden in Milo-Grogan and provided exterior improvements for 17 area homeowners and one business.

Read More ›

Volunteers worked on clean-up in Milo-Grogan

Volunteers worked on clean-up in Milo-Grogan

 
 

Partner Profiles

 

Learn about six of our partners, their role at Homeport, and their vision for impacting Central Ohio in the coming years.

 
 

The Columbus Foundation + Marsh Run

Homeport’s partnership with The Columbus Foundation dates to 1987. Today, Marsh Run residents are benefitting from the ongoing relationship.

The Columbus Foundation is supporting a significant renovation of Marsh Run.

OCCH + Milo-Grogan Businesses

Ohio Capital’s placed-based grants are making a tangible difference in Milo-Grogan, a neighborhood that is seeing investment on multiple fronts.

Small businesses in need of repairs are receiving grants, thanks to a partnership with OCCH.

 

High Performance Culture

Homeport is proud to boast a diverse and talented staff. Homeport’s team is committed to building prosperity for all Central Ohioans at work, and serving as valuable members of the community – and the country – outside of work.

 

Read interviews with six members of our team to learn what drives them at work and beyond.

 

Staff Spotlight

A Homeport Director Returns from Duty

 

On any given day for over a year in the Iraqi desert and mountains of Afghanistan, Army Chief Warrant Officer Will Wahler braved scorching temperatures, sandstorms and the occasional scorpion in support of a ground-to-air system shielding 3,000 U.S. and NATO troops. 

Read the Story ›

 

Donors, Funders, & Partners

 

Thank you for providing dignity, security and opportunity to Central Ohioans in 2018!

 

Affordable Housing Trust

Alvis House

Amazon Smile Foundation

American Electric Power (AEP)

American Electric Power (AEP) Foundation

American Family Insurance

Amy Klaben

Andy & Holly Malone

Avenue Partners

Barbara Poppe & Associates

Berardi + Partners Architects

Big Lots Foundation

Boys and Girls Club Columbus

Bruce & Mary Ann Luecke

Buckeye Lifestyle Magazine 

Building Industry Association (BIA)

Byers Minton & Associates, LLC

Casto Communities

Catholic Foundation

Catholic Social Services

Central Ohio Community Improvement Corporation (COCIC) Land Bank

Choice Property

Chris Hune

Cindy Millison

City of Columbus

Clark Schaefer Hackett

Columbia Gas of Ohio

Columbus Commercial Industrial Investment Realtors (CCIIR)

Columbus Foundation

Columbus Jewish Foundation

Columbus Metropolitan Housing Authority (CMHA)

Columbus Realtors

Columbus Urban League

Community Shelter Board

Corey Webb

Covenant Title Services, LLC

Crabbe Brown & James

Crane Group/ Able Roofing

Creative Housing, Inc.

Dave Perry Company, Inc. 

Deborah Coffelt

Dispatch Media Group

Donald Butler 

Douglass Romer

Elaine Shroyer

Elford, Inc. 

Elizabeth & Jay Heiser

EMH&T

Emmett & Nicole Kelly

Enterprise Community Partners, Inc.

Ethiopian Tewahedo Social Services 

Fifth Third Bank

Fifth Third Foundation

First Church of God

First Commonwealth Bank

First Federal Bank

Fishel Foundation

Fran Frazier

Franklin County

Franklin County Department  of Economic Development & Planning

GBQ Partners

Greater Community Columbus Helping Hands

Hank Evans

Harmony Project

Harold & Joyce Sternberg

Harry C. Moores Foundation

Holly Field

Housing Partnership Network

Huntington National Bank

Huntington Bank Foundation

Ice Miller

Impact Community Action

Ingram White Castle Foundation

J.K. Williams 

John Hart

Josh Barkan

JP Morgan Chase Bank

JPMorgan Chase Foundation

Julee Stephenson

Kaufman Development

Kelley Family

Key Bank

Key Bank Foundation

Kim Caine

Kirk Williams Company

Kohr Royer Griffith

L Brands Foundation

Leaderstat, (Eleanor Alvarez)

LIVE! Technologies

M/I Homes

Mark McCullough

Mark Paxson

Mark Pringle

Matt & Julie Keating

Maude Hill

McLean Hauling & Recycling

Melissa Centers

Michael Kelley

Michael Schottenstein

Mid-Ohio Foodbank

Mike Lange

Mike Purcell

Mount Carmel/Trinity Health

Murphy Epson

National Church Residences

Nationwide Children’s Hospital

Nationwide Foundation

Nationwide Insurance Foundation

NeighborWorks America

NiSource Foundation

Oakwood Management Company

Ohio Capital Impact Corporation / OCCH

Ohio Capitol Corporation for Housing (OCCH)

Ohio Community Development Corporation (OCDC)

Ohio Equities

OhioHealth

Ohio Housing Finance Agency (OHFA)

OSU Hospital

Park National Bank

Partners Achieveing Community Transformation (PACT)

Paul Pardi

People’s Bank

PNC Bank

PNC Bank Foundation

Porter Wright Morris & Arthur LLP

Quandel Construction

Red Capital Markets

Rhema Christian Center

Rita Parise

Rob & Dawn Barkley

Robert D Walter Foundation

Rockford Homes

Rose Smith

Ruscilli Construction Company, Inc. 

Ruth McNeil

Saint Charles Preparatory School

Sallie Gibson

Sandra Doyle Ahern

Sara Neikirk

Scioto Downs, Inc.

Siemer Family Foundation

Shremshock Architects, Inc. 

SME

St. Vincent Family Center

Stan Collins

State Auto Insurance Companies

Stephen Buchenroth

Stephen D. Steinour

Team Fishel

Terracon Consultants, Inc. 

The Robert Weiler Company

Third Federal Savings & Loan

Unied Parcel Services of America (UPS)

Union Savings Bank

United Way of Central Ohio

US Bank

Valorie Schwarzmann

Vogt Strategic Insight

Vorys Sater Seymour & Pease, LLP

Wallick Communities

Westfield Insurance

William E Lehner AIA

William Hadler

Women2Women (W2W) Sallie Gibson

Wright-Patt Credit Union

 

Invest in bringing people home.

Read the Gifting Guide to discover investment opportunities that yield priceless returns.

 

Homeport's 2018 Audited Financial Statements

 
Support And Revenue
Government Grants $845,384
Contributions & Pledges $1,272,926
Development Fees $0
Rental & Other Revenue $3,521,185
Total Support & Revenue $5,639,495
Expenses
Program Services $4,023,298
Management & General Operations $995,371
Fundraising $292,601
Total Expenses $5,311,270
Change in Net Assets from Operations $328,225
Assets
Change in Net Assets from Operations $328,225
Other Change in Net Assets
(Without Donor Restrictions)
$980,937
Total Change in Net Assets
(Without Donor Restrictions)
$1,309,162
Change in Net Assets
(With Donor Restrictions)
$(878,565)
Change in Total Net Assets $430,597
Net Assets - Beginning of Year $17,328,145
Net Assets - End of Year $17,758,742
 

Support and Revenue

Expenses

 

Meet our leadership!

 

2018 Board

Back Row, L - R:  Emmett M. Kelly, Matthew Keating, Stefanie Steward-Young, Stan E. Collins,  Middle Row, L - R:  Linda Flickinger, Julee Stephenson, Melissa Centers, Stephen R. Buchenroth, Mike Lange  Front Row, L - R:  Christy L. Hune, Sara Neikirk, Hank Evans, Michael Kelley    Not Pictured:   Mark McCullough, Michael C. Mentel, Michael Purcell, Mark Pringle, Anthony Anzic, Kristopher “Kip” Wahlers, Georgie Asfoura, Robert “Bo” Chilton, Fran Frazier, Cindy Millison, Jose Rodriguez, Jim Yeager

Back Row, L - R: Emmett M. Kelly, Matthew Keating, Stefanie Steward-Young, Stan E. Collins,
Middle Row, L - R: Linda Flickinger, Julee Stephenson, Melissa Centers, Stephen R. Buchenroth, Mike Lange
Front Row, L - R: Christy L. Hune, Sara Neikirk, Hank Evans, Michael Kelley


Not Pictured:
Mark McCullough, Michael C. Mentel, Michael Purcell, Mark Pringle, Anthony Anzic, Kristopher “Kip” Wahlers, Georgie Asfoura, Robert “Bo” Chilton, Fran Frazier, Cindy Millison, Jose Rodriguez, Jim Yeager

 

Board Member Profiles

Bo Chilton

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“The work Homeport does is transformative.  We simply need to get to a scale where everyone in our community has the opportunity to thrive.”

Read More ›

Cindy Millison

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“Affordable housing brings a sense of hope and promise. Knowing there are possibilities to have stable housing lifts the burden of uncertainty for families.”

Read More ›


Introducing our Board "Fellows"

 

Georgie Asfoura and Jim Yeager, two graduate level students at Ohio State University, are participating in Homeport’s work in a unique way.

 
 
Jim Yeager (left), a graduate student at OSU’s Fisher College of Business and Georgie Asfoura (right), a Juris Doctorate candidate at The Ohio State University Moritz College of Law

Jim Yeager (left), a graduate student at OSU’s Fisher College of Business and Georgie Asfoura (right), a Juris Doctorate candidate at The Ohio State University Moritz College of Law

 

Homeport's Executive Team