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Neighborhood Catalytic Capital Investment Program 

The City of Cincinnati’s Neighborhood Catalytic Capital Investment Program (“NCCIP”) provides early action 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 or early action 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. Resources are further targeted to Strategic Investment Areas and Neighborhood Revitalization Strategy Areas ("NRSAs")*

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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 critical projects that might struggle to receive funding across the finish line. 

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Who Can Apply?

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  • Developers 

  • Development Non-Profits

  • Neighborhood Groups

 *2023 Application Closed; Check back for 2024*

Timeline​

 

The Department of Community and Economic Development ("DCED") intends to release the 2024 guidelines in August following the approval of the City Budget. The applications are likely to be released in early September and funding awards determined by early fall.

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Interested? Have questions? For more information, contact:

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Joseph Malek, joseph.malek@cincinnati-oh.gov

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*An NRSA is a Community Development Block Grant (CDBG) grantee-designated area targeted for revitalization reviewed and approved by the U.S. Department of Housing and Urban Development (HUD).

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