COLUMBUS IS PREPARING TO SPEND $500 MILLION ON AFFORDABLE HOUSING.

Now let's talk about something nobody wants to talk about. The wealth gap. For decades we've been told affordable housing is the solution. But what if affordable housing is also helping explain why the wealth gap continues? Think about it. A new affordable housing project is announced. The land is owned. The project is financed. The development team is assembled. The architects are hired. The engineers are hired. The lawyers are hired. The contractors are hired. The banks are paid. The investors are paid. The property managers are paid. Millions of dollars change hands before the first family ever receives a key. Then the ribbon is cut. Politicians celebrate. News cameras arrive. And everyone talks about the people moving into the building. Almost nobody talks about the people who made millions building it. That's the conversation. Because the wealth gap isn't measured by who lives in the building. It's measured by who owns the building. One side receives housing. The other side receives contracts. One side receives shelter. The other side receives assets. One side pays rent. The other side collects rent. One side gets assistance. The other side builds wealth. Then twenty years later we ask why the wealth gap still exists. Maybe we're asking the wrong question. Maybe the question isn't why the wealth gap exists. Maybe the question is why the people most affected by the housing crisis are so rarely positioned to benefit from the wealth created by solving it. If Columbus spends $500 million on housing, the public should know: Who owns the projects? Who received the contracts? Who received the financing? Who will own the buildings twenty years from now? Because if the same groups continue receiving the ownership while everyone else receives the occupancy, the wealth gap isn't being solved. It's being managed. And there is a difference.


