Wednesday, September 2, 2026
23 affordable-living condos under construction on Columbus' East Side

Quick Facts

  • Location: Columbus, Ohio
  • Date: Tue, 01 Sep 2026 11:00:00 +0000
  • Topic: Affordable housing development
  • Key development: Groundbreaking for Broad & Gould Condominiums
  • Affected: Income-qualified home buyers in Columbus

Construction is officially underway on a new residential development on the East Side of Columbus, Ohio. The City of Columbus and its development partners gathered on Aug. 27 for a groundbreaking ceremony at the southeast corner of East Broad Street and South Gould Road to mark the start of the Broad & Gould Condominiums project. Completion is expected in fall 2027.

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The planned four-story building will house 23 two- and three-bedroom condominiums ranging from roughly 950 to 1,300 square feet. Building plans feature first-level parking, a community room, and an onsite fitness center. The homes are expected to sell for about $199,000 to buyers who meet income eligibility requirements.

Finance Fund is acting as the developer and builder for the complex. Financial support includes $3 million from the City of Columbus through its voter-approved $500 million Affordable Housing Bond program, along with $1.1 million dedicated to homebuyer assistance.

To ensure the properties remain affordable over time, the development operates under a model managed by the Central Ohio Community Land Trust, a subsidiary of COCIC, the Franklin County Land Bank. Homeowners will own their condominium units, while the land trust retains ownership of the underlying land. If a homeowner decides to sell, the property must be sold to another income-qualified buyer at an affordable price, preserving accessibility while allowing owners to accumulate equity. The land trust has constructed and sold more than 200 homes across Franklin County since its establishment.

“These condos are precisely what voters endorsed when they approved the $500 million Affordable Housing Bonds: creating opportunities for any Columbus residents to prosper and thrive as our city grows,” Columbus Mayor Andrew Ginther said. Mayor Ginther added that the complex fits into the city’s broader housing vision, which includes Zone In, an initiative focused on updating local zoning laws.

Curtiss Williams, president and CEO of COCIC, emphasized the community benefit of converting the site. “In this case, we are creating 23 opportunities for individuals and families to become homeowners, build equity and put down roots in a neighborhood they can call home,” Williams said.

Source: NBC4 Columbus — Original report


Wararka Af-Soomaaliga

Columbus Oo Laga Bilaabay Dhismaha 23 Guri Oo Qiimaha La Awoodi Karo

COLUMBUS, Ohio — Waxaa bariga magaalada Columbus ee gobolka Ohio si rasmi ah uga bilaabatay dhismaha mashruuc cusub oo lagu dhisayo 23 guri oo ah nooca condominiums-ka ee qiimahooda la awoodi karo. Mas’uuliyiinta magaalada iyo hawl-wadaagooda dhanka horumarinta ayaa 27-kii Ogoosto dhagax-dhigay mashruucan oo loo bixiyay Broad & Gould Condominiums, kaas oo ku yaalla isgoyska koonfur-bari ee waddada East Broad Street iyo South Gould Road.

Dhismaha oo ka kooban afar dabaq ayaa la filayaa in dhismihiisa la soo gaba gabeeyo bartamaha ama dib u dhaca sannadka 2027. Dhismaha ayaa xambaarsan guryo ka kooban laba iyo saddex qol oo spasiyadoodu u dhexeyso 950 ilaa 1,300 oo cagaha laba-xaglood ah (square feet). Qorshaha dhismaha waxaa sidoo kale ku jira meel gaadiidka la dhigo oo ku taalla dabaqa ugu horreeya, qolka bulshada, iyo xarunta jimicsiga. Guryahan ayaa la qorsheeyay in lagu iibiyo qiyaastii $199,000 oo doolar, iyadoo loo iibin doono iibsanayaasha buuxiya shuruudaha dakhliga ee ay dhigtay hay’adda Central Ohio Community Land Trust.

Shirkadda Finance Fund ayaa u taagan horumarinta iyo dhismaha mashruucan. Magaalada Columbus ayaa ku bixineysa mashruucan $3 milyan oo doolar oo ka xootay barnaamijkeeda amaahda guryaha ee $500 milyan oo doolar ah (Affordable Housing Bond) ee ay codbixiyayaashu ansixiyeen, waxaana u dheer $1.1 milyan oo doolar oo loogu talaggalay in lagu caawiyo dadka iibsanaya guryaha.

Si loo dammaanad qaado in guryahani ay sii ahaadaan kuwo qiimahooda la awoodi karo xitaa marka mustaqbalka dib loo iibinayo, mashruucu wuxuu adeegsanayaa habka Central Ohio Community Land Trust, oo ah waax ka tirsan bangiga dhulka ee Franklin County Land Bank (COCIC). Qofka iibsada guriga ayaa yeelan doona dhismaha guriga gudihiisa, halka hay’adda Land Trust ay maamuleysid dhulka uu gurigu ku fadhiyo. Marka milkiilaha gurigu uu ambaqaado inuu iibiyo, guriga waxaa loo iibin doonaa qof kale oo dakhligiisu xaddidan yahay oo shuruudaha buuxiya, taas oo ka hortagaysa in guriga lagu iibiyo qiimaha suuqa ee xad-dhaafka ah. Hay’adda Central Ohio Community Land Trust ayaa dhistay oo iibisay ka badan 200 oo guri oo ku yaalla Franklin County tan iyo markii la aasaasay.

Duqa Magaalada Columbus, Andrew Ginther, ayaa sheegay in mashruucani uu yahay mid si sax ah uga tarjumaya rabitaanka codbixiyayaasha. “Guryahan waxay si sax ah uga tarjumayaan wixii ay codbixiyayaashu taageereen markii ay ansixiyeen $500 milyan ee guryaha qiimahooda la awoodo: abuurista fursado ay dhammaan dadka degan Columbus ku horumari karaan marka ay magaaladu sii kasteyso,” ayuu yiri Ginther. Wuxuu sidoo kale tilmaamay in mashruucan uu qeyb ka yahay qorshaha weyn ee magaalada ee dib u dhiska shuruucda deegaanka ee loo yaqaan Zone In.

Madaxweynaha iyo Madaxa Fulinta ee COCIC, Curtiss Williams, ayaa isna hoosta ka xariiqay muhiimada ay leedahay in dhul muddo bannaana oo aan la adeegsan loo badalo mid waxtar leh. “Xaaladdan oo kale, waxaan u abuuraynaa 23 fursadood dadka iyo qoysaska si ay u noqdaan milkiilayaal guryo, ay u abuuraan hanti, ugana dhataan xididada xaafad ay u callaabi karaan meel ay leeyihiin,” ayuu yiri Williams.

Xigasho: NBC4 Columbus

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