Expanding the public-private partnership to address the affordable housing gap

On August 20, 2019, the Franklin County Board of Commissioners voted to increase the permissive conveyance fee by $1 to provide new resources for affordable housing. The $1 increase in the fee is projected to bring in about $70 million over 10 years. The commissioners have also pledged to continue ongoing funding for affordable housing and look for ways to reduce regulatory barriers to housing development.

The increase is $1 per $1,000 of value of real property at the time of transfer from a seller to a buyer. The permissive fee was last raised in 2005 and funds the Affordable Housing Trust for Columbus and Franklin County and the Community Shelter Board .

This action was based on county research and consultation with experts to determine the appropriate role for the county in addressing the county's affordable housing needs. Two studies that informed the decision are the Economic Development Strategic Plan and the Affordable Housing Implementation Framework.

“Based on what we look at with the housing plan and all of the components of what we plan to do with stimulating the market, that dollar would give us the resources needed for now and the next few years,” Commission President Marilyn Brown said.