Columbus officials plan to forgive 591 emergency home-repair loans totaling $7.6M that are more than a decade old, with a few strings attached
Columbus City Council Monday evening approved forgiving nearly 600 emergency home-repair loans that were given to residents to fix hot-water tanks, furnaces, roofs and foundations by removing liens on the properties, with a few conditions.
But today, grants rather than loans have become more common, Ginther said, meaning some residents had to repay money the city gave them for repairs while others didn't. “Home repair is a key solution to Columbus’ housing crisis. By preserving existing housing stock, we ensure that safer, habitable units stay in our community. Home repair assistance from the city shouldn’t be the reason a family is burdened with debt,” said Councilmember Shayla Favor.
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