Reynoldsburg Approves Development Plan
Construction on 30 affordable apartments directly across from Blacklick Woods Metro Park is expected to begin this spring thanks to an approval from the city of Reynoldsburg.
The Reynoldsburg Development Committee’s Dec. 7 vote -- unanimous – leaves an Ohio Housing Finance Agency (OHFA) board approval at the end of March as the remaining hurdle for Homeport before building can begin.
“As soon as that happens we can close on the financing and begin construction, late April or early May,” said Homeport Senior Vice President for Real Estate Development Jim Baugh.
OHFA last July awarded Low Income Housing Tax Credits (LIHTC) to Homeport to set the stage for building the apartments off Livingston Avenue at Haft Drive in Reynoldsburg. The location is close to the park, on a bus-line connecting to job centers and near Reynoldsburg High School.
Building the apartments and providing residents with supportive services is part of Homeport’s commitment to closing the gap on affordable homes in Central Ohio and being laser focused on its core client.
Blacklick Crossing will be 10 buildings, plus a community building, in a mix of one, two and three-bedroom apartments, all with garages. Four of the apartments will be one-story flats, the rest townhouses.
The apartments will have an income cap of 60 percent of Metropolitan Statistical Area income of $74,500 for Central Ohio. A single person could not earn more than $31,260. A five-person family can earn up to $44,700.
Plans for the 3.75-acre site also call for a 1,000-square foot community center building where residents can receive consultation services and support on matters of health, financial fitness, after school programming and day care, said Project Manager Justin Metzler.
The community center will provide space for the property manager, community activity room, consultation room, a business center and exercise room, Metzler said.