Neighborhood Catalytic Capital Investment Program
The City of Cincinnati’s Neighborhood Catalytic Capital Investment Program (“NCCIP”) provides pre-development funding to advance transformative neighborhood projects to the next phase of the development process or determine the economic viability of a project vision.
The funding level is established each year by City Council. All project applicants must demonstrate that proposed pre-development activities would result in progress toward a catalytic neighborhood project. Applicants must have site control of proposed project site, and priority is given to projects requiring a substantial investment in real estate development relative to the average real estate value within the surrounding neighborhood.
Eligible uses include (1) third-party market and feasibility studies (2) environmental assessments (3) design and engineering studies (4) preliminary construction cost verifications (5) site and security capital improvement.
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Goal​
​The goal of NCCIP is to support neighborhood projects that will have an outsized impact on catalyzing their neighborhood’s transformation, revitalization, and activation. This program supports neighborhood development groups better understand the feasibility of a project and helps groups build a concept before making critical financing decisions.
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Who Can Apply?
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Developers
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Development Non-Profits
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Neighborhood Groups
Timeline​
Applications are due on November 18, 2024, 5:00 PM. Funding decisions are estimated to be announced on December 20, 2024.​
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Interested? Have questions? For more information, contact:
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Joseph Malek, joseph.malek@cincinnati-oh.gov​