The City of Bexley broke ground Thursday on a new mixed-income apartment development in partnership with the non-profit The Community Builders (TCB).
The project includes two new developments with 43 total one-to-three-bedroom apartments. One building is on East Livingston Avenue, and the other is on North Cassady Avenue, which also includes a 4,000 square-foot community center for seniors.
The partnership originally began in 2018 when the City of Bexley began to address growing needs for senior citizen support and affordable housing, said George Tabit, senior vice president of development for the Great Lakes region of TCB. The apartments are expected to begin leasing in early 2028.
"(The City of Bexley has) acted in a way to make sure they preserve that identity as a community that wants to continue to provide housing for families from all backgrounds," Tabit said. "So that we continue to give others the opportunity to be exposed to the resources that many of us take for granted."
The project uses low-income housing tax credits through the Ohio Housing Finance Agency, allowing rent to be as low as $300 per month and are restricted to families earning up to 80% of the median area income, Tabit said.
Jesse Migneault, TCB's press representative, said the development makes Bexley the first first-generation suburb to create this type of development.
"To offer family affordable housing in an affluent suburb with top tier schools and top tier resources is fairly unique," Tabit said. "We think that there's a growing awareness in central Ohio and communities everywhere that we need to be able to provide affordable housing."
Tabit said he hopes the project will inspire other communities in central Ohio to create similar developments.
