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Development News

NOFA program allows developers to complete rehabs in eight neighborhoods

A rendering of what the new construction at 1323 Cedar Ave. in College Hill will look like.


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.

Read more articles by Caitlin Koenig.

Caitlin Koenig is a Cincinnati transplant and 2012 grad of the School of Journalism at the University of Missouri. She's the department editor for Soapbox Media and currently lives in Northside with her husband, Andrew, and their three furry children. Follow Caitlin on Twitter at @caite_13.  
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