County Corp is the private non-profit Development Corporation for Montgomery County. The mission of County Corp is to improve the quality of life for residents of Montgomery County and neighboring counties through improved housing and greater economic opportunities.
County Corp grew out of the need for Montgomery County to actively participate in affordable housing and economic development. In 1978, the Board of County Commissioners and their staff pursued the concept of a non-profit that could do development work prohibited to an Ohio county under the Ohio Revised Code. Incorporation approval from the Ohio Attorney General on December 17, 1979, made County Corp the first housing and economic development non-profit in any Ohio county. County Corp Housing Programs are dedicated to providing safe, decent, and affordable housing.
County Corp programs for business development are now branded as BizCap,
which is a private not-for-profit development corporation committed to supporting economic development in the region. BizCap programs assist in business expansion opportunities and to fill financial gaps for small businesses. Since 1982, County Corp programs now operating as BizCap brought additional capacity to assist area small businesses with funding as they made investments resulting in job creation and or retention for the area. Over the years County Corp has added programs, resources and increased its effectiveness to deliver the affordable housing programs and economic development programs needed for our community residents and businesses.
The Housing Source Programs
: County Corp programs for quality housing are now branded as The Housing Source
. These programs are committed to providing safe, decent, and affordable housing. We strive to deliver cost effective services and continue to expand our network of partners which in-turn leverages our capacity to meet the challenges ahead. Our programs are designed to address housing preservation, foreclosure prevention, and development. And with an emphasis on “green”, we have incorporated those building components and concepts into the work we do.
Our major initiatives include the development of affordable rental units, lease purchase opportunities, and purchase and rehabilitation of vacant homes for new homebuyers. We put forth a significant community outreach effort to inform residents about the resources that are available to prevent foreclosure. Foreclosure prevention and intervention counseling is also available to Montgomery County residents at no charge. We assess each homeowner’s situation, develop a strategy, and work to resolve the situation. Emergency Assistance and Access are two additional programs County Corp offers that make a positive difference in people’s lives and prevent residents from being displaced.
Since 2001, County Corp has been certified as a Community Development Financial Institution (CDFI) by the U.S. Department of the Treasury. CountyCorp also formed HomeStart, Inc., as the developer, managing partner, and owner for all Affordable Housing Tax Credits’ developments. HomeStart, Inc. is also certified by Montgomery County and the State of Ohio as a Community Housing Development Organization (CHDO) in accordance with HUD standards. Our two most recent multi-family developments that will be under construction in 2010 are River Commons II and Almond Village. Both were awarded federal Affordable Housing Tax Credits for a total of 143 units. River Commons II is a permanent supportive housing project and Almond Village is a senior project. They are located in the City of Dayton.