The Affordable Housing Trust For Columbus And Franklin County

The Affordable Housing Trust For Columbus And Franklin County, doing business as AHT, is a non-profit corporate entity that provides community development financial services to support affordable housing and neighborhood revitalization efforts, especially for low-income individuals and communities. As a certified Community Development Financial Institution (CDFI), AHT utilizes federal grant awards to originate loans, make investments, and provide technical assistance to further its mission.

Through several recent prime federal grant awards totaling over $12.6 million, AHT has delivered a range of affordable housing and community development initiatives across the country. The awards were provided by the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under programs like the Capital Magnet Fund, CDFI Equitable Recovery Program, and CDFI Rapid Response Program. The grants have enabled AHT to expand lending and investment activities, enhance organizational capacity through staffing and technology, and strengthen delivery of affordable housing solutions and economic revitalization support to disadvantaged communities, particularly those disproportionately impacted by the COVID-19 pandemic. For instance, a $4.5 million Capital Magnet Fund award in 2023 will finance affordable housing projects by attracting private capital, while a $3.47 million Equitable Recovery Program grant that year is boosting AHT's ability to expand lending and services in hard-hit low-income areas. Prior awards like a $2.9 million Capital Magnet Fund grant in 2021 and a $1.83 million Rapid Response Program grant also bolstered AHT's housing and economic development work during the pandemic period.