Cincinnati awards funding for neighborhood development

July 8, 2018 by  

Cincinnati’s Department of Community and Economic Development (DCED) recently announced its recommendations for the allocations of $2.5 million in funds that will enable five city neighborhoods to undertake the development of affordable housing. The allocations are part of the 2018 Notice of Funding Availability (NOFA18-A) effort; this is the first round. The aim of the NOFA rulings is to give people of all ages and incomes access to quality housing.

Funding will go to the Walnut Hill Senior Campus, where two vacant buildings will be renovated, and a third built. When the project is finished, 60 LEED-certified, affordable housing units for seniors will be available.

In the Over-the-Rhine neighborhood, a mixed-use development at 15th and Vine will offer 32 units at affordable prices, plus 7,000 square feet on the first floor that can be used for commercial enterprises.

In Madisonville, a unique project is being built on five different vacant lots. Five homes will be constructed, each of which will have three bedrooms, and a garage for two cars.

Another scattered-site project is going up on Bogart Avenue, taking over four parcels. Homes here will have two levels, and offer either a two- or three-bedroom configuration.

The final project being funded is Pendeton on East 12th Street. The project is renovation of two historical residential properties, each offering three units.

Projects like this might benefit if developers work with a brochure printing company to create booklets that illustrate the amenities at the site.