The impact of

housing investment
in Weinland Park

Weinland Park has received an

estimated $80 million of investments
in housing and infrastructure improvements
from government and philanthropic partners
over the last decade.

Weinland Park has

benefited from the asset of
nearby anchor institution, The
Ohio State University, and targeted
investment from government and
philanthropic investors.

The Weinland Park

Collaborative has overseen a
majority of the programs and
investments that have taken
place in the neighborhood,
which have amounted to an
estimated $80 million in
government and philanthropic
investments in the last decade.

For purposes of this study, a healthy

neighborhood is defined as a neighborhood of choice,
where people with a wide range of income levels choose to
live and invest their financial and social resources, resulting in a
sustainable, viable market with appropriate market interventions.

In addition to the benchmark neighborhoods, this study

selected two peer neighborhoods, Franklinton and King-Lincoln.

Being located amidst safe and vibrant

communities helps the institutions attract
and retain faculty, students and employees.

Grants were given

to homeowners throughout
the neighborhood who had been
in their house for at least a year
and had an income of less than
120% of Area Median Income to
improve the exterior of their houses.

The vision of the

Weinland Park Collaborative
is that change in income
distribution would result
from existing residents
experiencing increased
wealth and new residents
of diverse income levels
moving in.

OSU Extension, a member of the

Weinland Park Collaborative, helps
transition renters into homeownership.

CPO Management has

arguably changed the face of subsidized
housing in the City of Columbus for the better.

The most preferred

scenario for increasing
homeownership in the duplex
units in Weinland Park is to encourage
owner-occupant landlord arrangements.

The sustained progress over

the last decade is evident both in the
data and in the stories heard on-the-ground.