$200 Million On The South Side… But Who Is It Really For?

Columbus City Council just approved a $200 million development deal for Steelton Village on South High Street. 455 new apartments, a park, and infrastructure upgrades. Sounds like investment. Sounds like progress. But follow the paper trail. The project is tied to and also looking at funding. That means this project is not just private money. This is public-backed development using tax credits. Now here’s where it matters. These units are aimed at households earning 60% of area median income. In Columbus, that doesn’t mean “low-income Black families.” That often means working-class to moderate-income households, and sometimes people moving into the area, not the people already struggling in it. So what happens next? Property values go up. Land values go up. Taxes go up. Rents go up around it. That’s not theory, that’s the pattern. We’ve seen this before. Investment comes into historically underinvested Black areas, not when residents need it,…




