E X E CUTIV E SUMMARY
Homeownership
THE FORECLOSURE CRISIS The foreclosure crisis hit the Hilltop hard as well. As one resident described the continuing fallout, “There’s a lot of dynamics going on… economy declined, middle class got slammed, mom lost job, dad got downsized, the spiral starts, there’s no way to catch up. Even now. … Tough for a lot of families. The fact that now it’s very difficult to get a loan… because you have to have money in the bank, good credit score.”
CON TE X T
The Hilltop was a majority owner-occupied community through the 2010 U.S. Census. After that, rates of owner-occupied housing declined; today an average of 39% of households across the focus area are occupied by homeowners. While homeownership exceeds 50% in some census block groups, there are other areas where it is 30% or below. The street with the highest number of owner-occupied parcels in the focus area is Burgess, but the highest concentration of owner-occupied homes is in the far southwest of the focus area, in the Wilshire Heights subdivision. The area between Broad and Sullivant has a lower Source: Housing in the Hilltop, rate of owner-occupancy than north of Broad and Creating a Baseline Typology south of Sullivant. Despite this, there are a number of to Guide Investment. Kirwan Institute Report. The Ohio State owner-occupants between Broad and Sullivant, near University. June 2015, Jason Glenwood Park. City Housing Programs. The City of Reece, et al. Columbus’ Housing Division works to create decent, safe, and sanitary housing opportunities by collaborating with federal, state and local government housing agencies to target resources for neighborhood investment. NUMBER OF UNITS USING PROGRAMS IN HILLTOP FOCUS AREA BY YEAR
ACTIVITIES
20% to 30%
40% to 50%
60% to 75%
10% to 20%
30% to 40%
50% to 60%
> 75%
STREETS WITH MOST OWNER-OCCUPIED HOMES, JUNE 2019 Street Name
# of Parcels
Street Name
# of Parcels
Burgess
155
Wayne
129
Ogden
149
Eureka
126
2015
2016
2017
2018
Total
Terrace
147
Richardson
109
American Dream Downpayment
3
6
2
4
2
17
Warren
143
Hague
97
Better Municipal Care for Vets
2
1
1
3
7
Harris
141
Roys
96
Citywide Roof Replacement
1
1
4
6
Emergency Repair Program
19
24
12
11
7
73
Hilltop Home Repair
31
28
8
18
7
92
1
1
2
Home Safe & Sound Homeownership Development RECOMMENDATI O N S
< 10%
2014
Program Type
3
Lead Safe Columbus
17
Tax Abatement
1
Vacant Property Prevention
1
Total
75
10
3 16
13
44
12
68
3
48
1 72
84
48
A thorough explanation of these programs can be found online: https://www.columbus.gov/development/housing-division/Homeowner-Assistance/ 62
OWNER-OCCUPIED HOMES, 2017
2 39
318 Chestershire Road near Whitehead Road has a very high rate of owner-occupied homes. This is part of the Wilshire Heights neighborhood within the Hilltop.