What We Do

 

Homeport builds the cornerstone of dignity, security, and opportunity.

 
 

Homeport is a non-profit housing developer based in Columbus, Ohio. Since its inception in 1987, Homeport has given greater security, opportunity and dignity to thousands of low-income people by building quality, affordable homes, primarily financed with private investment leveraged by Federal tax credits. Homeport also develops new and renovated homes designed to catalyze neighborhood revitalization, including market-rate homes, single-family, and lease-to-purchase homes.

In the understanding that providing a roof over someone’s head is only the start of a stronger home, Homeport surrounds its rental communities with comprehensive support to promote long-term stability and health. With the assistance of partners and volunteers, Homeport organizes out-of-school programs, free produce markets, school supply drives, and more for thousands of residents every year. 

Homeport also equips thousands of Central Ohioans with the foundational skills needed for successful home ownership. Through group classes and one-on-one coaching, Homeport provides direction and training in key areas such as the home buying process, setting a budget, and avoiding foreclosure, with the goal of providing the tools everyone needs to be long-term stewards of a home.

 

Comprehensive Community-Building

Homeport fosters healthy communities, fuels neighborhood revitalization, and develops exceptional housing for families and seniors at all income levels. Even more, we support our residents and the broader public with education and connections to resources, including foreclosure prevention counseling and financial literacy. Homeport’s activities include for - sale and rental real estate development targeted towards more vulnerable populations and neighborhoods; asset management of a portfolio of over 2,100 rental housing units; service coordination support for thousands of residents; and a housing advisory center that equips hundreds of people each year for long - term, responsible home ownership.

 

Proven Experience

Since its inception, Homeport has focused on expanding affordable - housing options for Central Ohio’s citizens and on investing in the region’s economically - neglected neighborhoods. A range of key local stakeholders established Homeport in 1987, including the City of Columbus, The Enterprise Foundation, Columbus REALTORS, The Columbus Foundation, and local religious and private - sector leaders. Homeport has established itself as the largest locally - focused nonprofit producer of affordable housing and related services in the region. In the course of its 30 year history, Homeport has participated in the development, sale or preservation of more than 4,000 units of housing in Central Ohio. These include newly - constructed and rehabilitated housing types: single - and multi - family rental developments, senior - housing, energy - efficient green housing, and single - family homes for lease - purchase or immediate sale. 

By The Numbers

 
 

42

Employees

5.8m

Annual Budget

34

Rental Properties Managed with 2,300+ units

737

Single-Family Homes

Executive Team
+ Key Development Staff

 

Executive Team


Additional Key Development Staff

Real Estate Development

 
 
A Kitchen at NoBo on Long Condominiums in the North of Broad neighborhood near downtown Columbus

A Kitchen at NoBo on Long Condominiums in the North of Broad neighborhood near downtown Columbus

 
Homeport single-family homes in North of Broad

Homeport single-family homes in North of Broad

 
Solar panels on Homeport's certified LEED Gold home, the first of its kind in the Midwest

Solar panels on Homeport's certified LEED Gold home, the first of its kind in the Midwest

 

Development Overview

Homeport has more than forty rental housing developments completed or in construction, representing over 2,300 homes. Homeport’s affordable housing communities, primarily financed through the Low Income Housing Tax Credit (LIHTC) program, serve lower income households, people with disabilities, seniors, members of ethnic minorities, and immigrants with limited English-proficiency.

Homeport also develops for-sale homes for low-income, moderate-income and market-rate buyers. Homeport’s community revitalization work includes NoBo (North of Broad), a flagship project in the historic King Lincoln District of Columbus. NoBo represents significant, concentrated investment in a depressed urban neighborhood through the development of 70 single - family homes for buyers of varying income levels. Homeport has reinforced this commitment to the NoBo neighborhood with community building efforts, including home - improvement grants and the creation of a community garden. In 2005, Homeport and the Central Ohio Housing Development Organization (COHDO) began an ambitious development effort to restore the American Addition residential neighborhood. The master plan for American Addition calls for 100 single - family homes and new streetscape and utility infrastructure from the City of Columbus. These efforts have already begun to dramatically transform this long - neglected urban community.

 

Asset Management

Long-term monitoring of all Homeport’s housing developments is handled by Homeport’s Asset Management Department, which oversees 3rd party property management firms responsible for leasing and maintenance. Asset Management ensures compliance with the complex regulatory requirements of Homeport’s varied funding sources. Homeport’s management portfolio consists of over 2,300 units of housing, which are monitored carefully by a highly experienced staff to ensure financially sound, safe, quality housing in the Columbus area. 

 

Green Housing

Homeport strives to incorporate the most cutting-edge development practices, including aggressive Green Housing design standards. In 2009, Homeport was awarded a Gold level LEED certification in Homeport’s North of Broad Neighborhood, the first of its kind in the Midwest. More than half of new build homes sold at North of Broad incorporate Green construction. Since 2008, each of Homeport’s Tax Credit developments follows either Enterprise Foundation’s Green Communities criteria or Leadership in Energy & Environmental Design (LEED) criteria, representing a substantial commitment to green construction. Homeport is committed to bringing Green technology and efficiency to affordable and market-rate buyers and will continue to include new, Green technologies in future developments.

 

 

Learn more about the impact affordable housing is making on residents of Central Ohio.

 

Development Capacity

Homeport’s recent development and construction achievements reveal the organization’s strong capacity to manage developments to completion and stabilized operations. Since 2010, Homeport completed a number of high caliber products, including:

 
 

Community Services

 
 
A Homebuyer Education class at Homeport

A Homebuyer Education class at Homeport

 

RESIDENT SERVICES:
GOING BEYOND A "ROOF OVER THE HEAD"

For many of Homeport's residents, getting into a safe, stable home that they can afford is only the beginning. We want to see people thrive, not just survive. Homeport connects families to resources from other non - profits and agencies, brings fresh produce markets to our properties, provides out - of - school programming for hundreds of children in our communities, and more. We have an army of volunteers and partners that help us pull it off. And because of our joint efforts, lives are changed every day.

 

 

CLASSES AND COACHING:
PROVIDING TOOLS FOR LONG - TERM SUCCESS

A key resource that Homeport provides, not just to residents but to the entire Central Ohio community, is public classes and one-on-one coaching to teach people successful home ownership. Classes teach families the home buying process, financial management, and basic home maintenance, while coaching provides individualized support for finance, credit problems, and foreclosure. Homeport has helped hundreds of Central Ohioans to not only purchase homes, but keep their homes, too.

Financial Capacity

 
 
The entrance to Eastway Village homes

The entrance to Eastway Village homes

 
Common areas at Eastway Village  

Common areas at Eastway Village

 

 
 

Assets and Portfolio

Homeport is audited annually by Clark, Schaefer, Hackett & Co., a certified public accounting firm. Homeport has the financial capacity to ensure that construction will be completed on time and that the
highest standards can be guaranteed. Homeport is also able to provide specific construction-completion and operating guarantees for each tax-credit project it develops. 

Homeport’s membership in the nearly 250-member NeighborWorks® America national network demonstrates the organization’s national standing as a premier development company. 

Homeport also has excellent relationships with several key financial institutions, enabling it to maintain and increase its funding resources when needed. The organization’s status as a premier local non-
profit development agency provides Homeport with exclusive access to capital that is earmarked specifically for Community Reinvestment Act purposes and charitable institutions performing community
development. 

 

Other Capital Sources and Partnerships

Homeport is continuing an ongoing partnership with Huntington National Bank designed to stabilize communities in Central Ohio. Huntington provides Homeport with financing to expand educational and financial counseling services to improve home ownership opportunities. The partnership provides funding to Homeport through to assist with Homebuyer Education Classes.

 

Public Financing Experience

Homeport has successfully utilized federal, state and local programs, investing in Central Ohio’s communities, including funding through the Ohio Housing Finance Agency’s Low Income Housing Tax Credit (LIHTC) program, Housing Development Assistance Program (HDAP), and Housing Development Loan program (HDLP). Other public sources include city and county HOME funds, State Historic Tax Credits, Federal Home Loan Bank (FHLB) Affordable Housing Program (AHP), the U.S. Department of Housing and Urban Development (HUD), and the local Metropolitan Housing Authority (MHA).

Homeport was selected as a provider of development services to the Columbus Metropolitan Housing Authority and has completed developments involving the preservation of Section 8 HAP contracts on existing properties.

Other sources of funding include weatherization loans and grants, lead abatement funds, financing from the Affordable Housing Trust of Columbus and Franklin County, the Community Development Finance
Fund, Historic Tax Credits and grants for social services. Homeport is a charter member of the NeighborWorks® network, which provides access to funding for rental developments, as well as capacity building and other related activities.

Homeport Selected Developments, 1992 - 2016


PIS Project Name Units Investment Housing Type
1992 Homes on the Hill A 39 $1.4m Rehab SF/Duplex
1992 Indian Mound 100 $5m NC MF
1992 Parkmead Apartments 71 $2.1m NC MF
1991 Parkview Apartments/ East Mound 16 $900k NC MF
1993 Raspberry Glen 100 $7.5m NC MF
1991 Homes on the Hill B 21 $5.6m Rehab SF/Duplex
1995 Emerald Glen 130 $7.1m NC MF
1995 Stoddart Block 52 $4.3m Rehab MF
1996 Indianola Homes 25 $1.4m Rehab MF
1996 George’s Creek 120 $6.6m NC MF
1997 Kimberly Meadows 78 $5m NC MF
1997 Neighborhood House 50 $7.1m Rehab SF
1997 Framingham Village 86 $10.4m NC MF / SF
1998 New Salem Homes / Renaissance Village 64 $6.1m NC MF
1997 Providence Glen/Agler Family 144 $13.1m NC MF
1997 Corban Commons / Agler Elderly 90 $5.8m NC MF
1999 Marsh Run 184 $11.7m NC MF
2000 Tussing Road Homes / Pheasant Run 136 $9.8m NC
2001 Greater Linden Homes 39 $4.6m NC SF
2002 Southeast Columbus Homes 39 $5.5m Rehab/NC SF
2003 Kingsford Homes 33 $4.3m NC SF
2003 Mariemont Homes 32 $3.7m NC SF
2003 Joyce Avenue Homes 31 $3.8m NC SF
2004 Fairview Homes 32 $5.2m NC SF
2004 Southside Homes 32 $5.2m NC SF
2005 Levelgreen Homes 32 $5m NC SF
2005 Mapleside Homes 24 $4m NC/Rehab SF
2006 Spruce Bough Homes 112 $8.2m Rehab MF
2007 Urban Hollow/Bending Brook 158 $10m Rehab MF
2007 Fieldstone Court 48 $6m NC MF
2008 Luke’s Crossing 40 $5.7m Rehab MF
2008 City View Homes 34 $6.9m NC/Rehab SF
2009 Elim Estates 48 $9.8m NC SF
2012 Elim Manor Section 202 35 $5.5m NC Senior
2012 Elim Manor Section 8 63 $5.8m NC Senior
2012 Whittier Landing 40 $8.7m NC / Rehab SF
2012 Duxberry Landing 35 $7.5m NC Senior
2013 Eastway Village 66 $8.6m NC Senior
2014 Trabue Crossing 52 $10m NC MF
2015 Eastway Court 32 $6.3m NC Senior
2016 Hilltop Homes II 39 $9.2m NC SF
2016 Victorian Heritage 59 $10.3m Rehab MF

MF = Multi-Family    SF = Single-Family    NC = New Construction

 

Total Investment: $275+ Million


Selected Homeownership Developments, 2005 - 2016


Name Purpose Income Restriction Funding Source Project Start Houses Completed
Restore Columbus Scattered site neighborhood stabilization. Targeted rehabs of non - contiguous units in stable, inner suburbs and tipping point neighborhoods. 80% City of Columbus HOME 2007 25
Restore Franklin County: Northland Scattered site neighborhood stabilization focused in the Northland Area. Targeted rehabs/ reconstruction of foreclosed units. 120% Franklin County NSP1 2009 15
NoBo on Long Condominiums Creation of an anchor on Long St. for the revitalization of the area. 120% City of Columbus NSP1 & 2 2010 10
North of Broad Single Family Neighborhood revitalization through creation of a market and achieving a critical mass of owner occupancy and investment in a targeted area. 80% - 120% City of Columbus HOME, HOPE III, NSP1 & 2, Bond 2005 58
Rich Street Walk Downtown infill of a vacant site focusing on creating density. Market rate, unsubsidized units. Market Rate Conventional Financing 2005 18
Crossing at Joyce Creation of an affordable, suburban style development with the benefits of a central city location. 80% HOME 2006 13
American Addition Neighborhood revitalization through comprehensive redevelopment. 80% - 120% City of Columbus HOME, NSP2 2005 12

Development Highlights

 

American Addition

American Addition represents an ambitious neighborhood revitalization project that will radically transform a largely vacant 60 - acre portion of central Columbus. The historically African - American residential community formed at the turn of the 20th century and fell into disrepair, in part due to its isolation from city services and infrastructure.

Today, Homeport is working with the City of Columbus to bring new Green Infrastructure and neo - traditional, energy efficient homes to the American Addition, with the master plan calling for 100 single - family homes.

Homeport doesn’t just build a home and walk away. They build a community of people. I’ve witnessed it happen, I’ve seen the transformation in neighborhoods, and it’s incredibly inspiring.

— Sandy Doyle-Ahern, President/CEO, EMH&T
 
Common areas at Eastway Village  
Common areas at Eastway Village  
 

North of Broad

Homeport has constructed dozens of for - sale homes in the NoBo neighborhood near the historic King Lincoln District as part of long - term revitalization efforts on Columbus’ near east side.

Elim Manor

Completed: 2012
Budget: $12 million
Type: Two - story elevator building and cottages for seniors

 
Common areas at Eastway Village  

Eastway Village +
Eastway Court

Eastway Village
Completed: 2013
Budget: $8.6 million
Type: Two-story elevator building and cottages for seniors


Eastway Court
Completed: 2013
Budget: $6.3 million
Type: Two-story elevator building for seniors

 
Common areas at Eastway Village  

LEED House

Homeport debuted its first LEED Gold Certified home at 258 North 21st street in the North of Broad (“NoBo”) Neighborhood. The home was the first of its kind in the Midwest when constructed in 2008.

Homeport’s LEED house showcases the industry’s best practices for energy efficiency and sustainable design, such as advanced framing techniques, solar paneling, post - consumer recycled carpeting, local hardwood flooring, and a backyard rain garden.

 
Common areas at Eastway Village  

Partners

 

Homeport’s success over the years is in large part a product of well-established relationships with some of Central Ohio’s most reputable development professionals, including architects, builders, property managers, and public and private housing financers. Together these partners represent a commitment to bringing exceptional housing to people from all walks of life. 

 
 

Architectural, Engineering, Construction & Property Management

Berardi + Partners

Moody Nolan

EMH&T

M+A Architects

MCR Services, Inc.

Rockford Homes

KMM Builders

Ruscilli Construction

Wallick Properties

Townhomes Management, Inc.

Financing

Chase Bank

Huntington Bank

US Bank

Key Bank

PNC Bank

Ohio Capital Corporation for Housing

Ohio Capital Finance Corporation

Red Capital Group

The Ohio Housing Finance Agency

NeighborWorks America

NeighborWorks Capital Corporation

The Affordable Housing Trust for Columbus and Franklin County

U.S. Department of Housing and Urban Development

Federal Home Loan Bank of Chicago

Federal Home Loan Bank of Cincinnati

City of Columbus

Franklin County

Lancaster Pollard