Cleveland Housing Network was the lead developer of Greenbridge Commons, permanent housing for chronically homeless individuals, in the Fairfax neighborhood.
The Cleveland Housing Network assisted the Mt. Pleasant Now nonprofit development corporation with the construction of the Union Court senior apartments.
Cleveland Housing Network financing programs have helped low- to moderate-income families become homeowners.The creation of Cleveland Housing Network (CHN) to provide technical support for housing rehabilitation represented an important first step toward the development of a coherent civic strategy for neighborhood revitalization. CHN built on the success of an innovative program conceived by the Hough-based Famicos Foundation, which acquired and rehabilitated substandard homes that were then rented at very reasonable rates to carefully screened low-income families, who had the option of taking title to the properties after 15 years.
The Cleveland Foundation invested $500,000 in the start-up and operation of CHN, which showed neighborhood development organizations (NDOs) struggling to rehab one or two houses a year how to dramatically increase their annual rates of production. By 1986, CHN had established a working relationship with nine NDOs, resulting in the rehabilitation of more than 220 housing units throughout Cleveland.
In 1989, CHN launched a new program to boost the percentage of owner-occupied properties in Cleveland by providing financial assistance and incentives to aspiring home buyers with low to moderate incomes. To date, CHN’s Homeward Program has produced more than 1,000 units of market-rate housing, generating more than $60 million in direct capital investment in Cleveland’s neighborhoods.
More recently, CHN has become involved, with ongoing foundation support, in the rehabilitation or development of multifamily properties, senior housing and permanent housing for the chronically homeless.