The Department of Community & Economic Development is excited to announce the recipients of the Notice of Funding Availability (NOFA) 2019-A loan program. DCED’s Housing Division is recommending six (6) affordable residential developments for NOFA loan awards. The awarded projects total $60 million in investment and 365 housing units. Ninety percent (90%) of all recommended units (328 units) will be affordable to households earning less than 80% of Area Median Income (AMI). A summary of each awarded project is listed below. As we announce our first round of NOFA awards for the year, we look forward to the release of [...]
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The Department of Community & Economic Development is excited to announce the recipients of the Neighborhood Business District Improvement Program (NBDIP) 2019 funding awards. The Neighborhood Business District Improvement Program (NBDIP) is an award-winning program that allocates annual funding for improvement projects that attract and retain small businesses in all Cincinnati neighborhood business districts (NBDs). In 2019, the City of Cincinnati will be awarding more than $1.4 million to 18 projects in 14 neighborhoods. See a list of the funded projects below. If you'd like to learn more about this program, visit our Community Resources page. [...]
Our team is requesting information from affordable housing developers who have experience with the LIHTC program for the FHAct50 Building Opportunity Fund. In the spring of 2018, Ohio Housing Finance Agency (OHFA) received an increase in the number of 9% Low-Income Housing Tax Credits (LITHC) it can award from 2019 -2021. OHFA has designated a portion of the increase, about $9 million in tax credits to further the creation of diverse, accessible, mixed-income communities in Cleveland, Columbus, and Cincinnati. Each community would receive $3 million in tax credits over the three-year period, which would add up to $30 million in [...]
The City of Cincinnati is partnering with Hamilton County and the Community Building Institute to conduct a Fair Housing assessment of the region. If you live in Cincinnati or Hamilton County, please share your experiences with housing in the region by filling out our short survey. For Housing Professionals For Residents
City Begins Accepting Applications for OTR Parking Permits Dec. 17 CINCINNATI – The City of Cincinnati will begin accepting applications for parking permits for residents in Over-the-Rhine (OTR) on Monday, Dec. 17. The permits are part of a new program that gives residents in a designated part of OTR the option to purchase an annual pass for on-street parking. The designated area, known formally as the Special Parking Permit Area, covers the southern portion of OTR, which runs east along Liberty Street, south on Sycamore, west on Central Parkway and north on Central Parkway back to Liberty. [...]