Ten residential development projects will receive a total of about $4.4 million in city funds through the Notice of Funding Availability program
. The program was designed to help the city achieve PLAN Cincinnati
’s goal of having a variety of quality housing options for people of all income levels and stages of life.
Each phase of funding will target a different set of neighborhoods. This round of funding includes projects in four targeted neighborhoods: College Hill, Madisonville, Northside and Walnut Hills, as well as projects in Camp Washington, Over-the-Rhine, Roselawn and South Cumminsville.
The money comes from a two-year surge in gap funding, and will help developers, individuals, partnerships, for-profit and nonprofit entities complete the rehabilitation of housing units in Cincinnati neighborhoods.
City funding is being exceeded by a ratio of 12:1 by funds from developers and other stakeholders, for a total of about $57 million in investment in the eight neighborhoods.
Projects that received NOFA funds in this round are:
- Camp Washington Works — the rehabilitation of four single-family, affordable units in the heart of Camp Washington.
- Working in Neighborhoods — three new, affordable, single-family homes and one market-rate unit in College Hill, called Cedar Corridor.
- Madisonville New Homes — four new, market-rate, single-family homes.
- 1865 Chase Ave. in Northside — seven market-rate rental units.
- Abington, Race and Pleasant Apartments in Over-the-Rhine — the historic renovation of 50 affordable rental units.
- Morgan Apartments in OTR — the renovation of 47 affordable rental units at 1900 Vine St., 1902-1904 Vine, 2 E. McMicken Ave., 53 E. Clifton Ave. and 19-27 W. Clifton Ave.
- Roselawn Senior Apartments — 50 new affordable housing units for seniors.
- The Commons at South Cumminsville — will add 80 one-bedroom supportive housing units to the neighborhood.
- E. 771 and 772 McMillan St. in Walnut Hills — the renovation of seven rental units of market-rate housing.
- Gateway at McMillan — the renovation of 12 market-rate rental units, as well as three storefronts, in Walnut Hills.