Program areas at Homeport
Homeport real estate development provides quality, energy efficient, safe, and affordable for-sale and rental-home opportunities to households of varying incomes and, simultaneously, facilitates neighborhood revitalization with concerted efforts to foster community and economic development. Working to close the gap of much needed affordable Housing available in central Ohio, Homeport utilizes the low-income Housing tax credit program, together with other related affordable Housing financing options, to develop both single-family and multi-family properties that continually increase the availability of affordable Housing in the region.homeport rental development develops and then maintains rental homes targeting occupants with 60% or less of area median income. In 2022, 361 new residents moved into 156 newly constructed multifamily Housing owned by Homeport. An additional 200 multifamily homes are under construction to become available to new residents during 2023 or early 2024. As of 12/31/2022, Homeport owned, managed, and maintained 2,799 affordable rental units Housing 7,129 central Ohio citizens.homeport home ownership development utilizes single family home and condominium development as a mechanism to create home ownership opportunities for central ohioans with income 120% or less of area median income. In 2022, construction was completed on 2 homes and 2 homes were sold. As of 12/31/2022, Homeport home ownership has completed construction on 216 homes and have sold a total of 216 homes.
Homeport provides programs that offer residents support and the opportunity to keep their homes and families stable, safe, and secure. Homeport's resident services department provides:out of school programming: offered at 7 communities with a focus on serving children ages 5-13, provided 3-5 afternoons a week (varying per site) for homework assistance, computer lab and special programs throughout the year to assist families with working parents when school is out including 5 day a week on-site programming at those same communities during the summer. All 7 afterschool sites operated in person during 2022.student food programs: offered at 7 sites provides summer breakfast and lunch to school age children. Take home meals were provided at our 7 largest multifamily sites and was open to all families in the community.the service coordination team offers referrals and linkages for all site residents. During 2022, as many of our residents continued to face hardships initially triggered by the pandemic and resident income loss, service coordinators focused on securing rental and other financial assistance for 425 Homeport families.
Housing advisory services provide individuals the information they need to improve their financial lives and prepare to purchase their own homes. Homebuyer and Housing counseling programs also work to address the underlying social and economic needs facing families within central Ohio neighborhoods. Homeport programs help potential homeowners understand that purchasing a home comes with many obligations. Homeport teaches its clients how to be responsible homeowners and good neighbors. Homeport Housing advisory services provides services includes prepurchase education and counseling, credit and budget counseling, foreclosure prevention, and reverse mortgage counseling to 1,079 new clients in 2022. Housing advisory services also provides financial literacy education and counseling to residents of Homeport communities to assist residents with developing the skills for financial stability, financial security and assist with asset building.