COLUMBUS, Ohio ( WCMH ) — America’s 13th largest city finds itself in a housing crunch, and now Columbus is turning to its original neighborhood for a solution.
Columbus Mayor Andrew Ginther said the city has a housing supply problem, especially for affordable housing options.
“We need 200,000 more units in the region over the next ten years,” he said. “Columbus is committed to building half of those, but we need the rest of our neighbors to step up and help as well. We have a supply crisis. You go back to Econ 101 — If supply is flat and demand continues to grow, your rents and home prices are growing much faster than people’s incomes right now.”
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The city aims to grow its downtown population to 40,000 residents by 2040, leading to major renovations and building projects spurred by the city’s Zone In plan to add density to housing throughout the city. To make those goals happen, Columbus is now aggressively investing in a once-overlooked neighborhood…