Real Estate Financial Assistance

Cincinnati offers incentives designed to support and grow our business community.

Notice of Funding Availability

The Notice of Funding Availability (NOFA) loan program provides residential developers with long-term, low, fixed-rate financing for transformative housing projects that will make positive, visible impacts on our communities.

Ohio PACE

Designed for energy-efficiency improvements to Ohio’s commercial properties, PACE’s no down payment, extended-term financing allows for the potential to increase property value, reduce energy cost, and pass-through costs while generating positive cash flow.

Ohio Historic Preservation Tax Credit Program

The Ohio Historic Preservation Tax Credit Program is a state-level program that provides a tax credit to leverage the private redevelopment of historic buildings. This program is highly competitive and receives applications biannually, in March and September.

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LIHTC Applications and Letters of Support

The Department of Community & Economic Development is excited to hear about the various Low-Income Housing Tax Credit (LIHTC) applications proposed for submission for Ohio Housing Finance Agency’s (OHFA) 2021 – 2022 Qualified Allocation Plan (QAP).

Important Information Regarding 2021 LIHTC Applications 

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WarmUp Cincy

Most existing energy efficiency programs provide services for single-family homes, which creates a gap in offerings for Cincinnati’s most vulnerable residents. Many are renters and they live in multifamily buildings.

The City of Cincinnati offers grants to support energy efficiency upgrades in low-income multifamily buildings, energy efficiency education for renters and building owners, and utility credits for renters for program completion.

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The City of Cincinnati’s Department of Community & Economic Development is dedicated to expanding access to development opportunities within the City. Our team has concentrated its efforts towards putting vacant, city-owned property back to work for the community.