Through the efforts of many corporate investors, The Community Properties Fund for Housing I (CPFH I) was established and closed in 2004 by Ohio Capital Corporation for Housing to begin rebuilding homes and reshaping lives. This fund provided $33,000,000 of equity to be used for the rehabilitation of 544 units in 87 buildings. In 2005, Ohio Capital Corporation for Housing also closed the Community Properties Fund for Housing II (CPFH II) at $25,000,000. The equity raised from CPFH II will work in conjunction with that of CPFH I to rehabilitate over 775 apartments and townhouses in the Community Properties Portfolio.

The investors in CPFH I and/or CPFH II include JPMorgan Capital Chase Bank, NA; FifthThird Community Development Corporation, Key Community Development Corporation, National City Community Development Corporation, Huntington Community Development Corporation, Nationwide Life Insurance Company, Commerce National Bank, Park National Bank, Sky Financial Group, and WesBanco Bank.

 
 
Community Properties Initiative One Brick at a Time

  Community Properties Fund Investors:
JPMorgan Capital Corporation
FifthThird Community
Development Corporation
Key Community
Development Corporation
National City Bank Community Development Corporation
Huntington Community Development Corporation
Nationwide Life Insurance Company
Commerce National Bank
Park National Bank
Sky Financial Group
WesBano Bank

 





910 East Broad Street , Columbus, OH 43205   Phone: (614) 253-0984
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