2024 LEADERSHIP
MAYOR
AFTAB PUREVAL
COUNCIL MEMBERS
CITY MANAGER
SHERYL M M LONG
VICE MAYOR JAN-MICHELE LEMON KEARNEY • PRESIDENT PRO TEM VICTORIA PARKS •
ANNA ALBI • JEFF CRAMERDING • REGGIE HARRIS • MARK JEFFREYS •
SCOTTY JOHNSON • MEEKA OWENS • SETH WALSH
MARKIEA CARTER
DCED DIRECTOR
Markiea Carter is a seasoned economic development professional with extensive experience in public service and a focus on effective strategy and equitable, high-quality deployment of services. She has dedicated over 15 years to the City, serving numerous leadership roles across varying departments before finding her home at DCED.
DAN BOWER
DCED DEPUTY DIRECTOR
Dan Bower leads all department initiatives, executing the vision of the Director. He began his career in public service over 13 years ago; in the time since, he has worked across many City departments, focusing on neighborhood revitalization, development finance and community initiatives, economic inclusion initiatives, and contract compliance.
BOB BERTSCH DIVISION MANAGER, NEIGHBORHOODS
ROY HACKWORTH DIVISION MANAGER, HOUSING MEET THE DEPARTMENT
ANTHONY CADLE DIVISION MANAGER, ECONOMIC DEVELOPMENT
DAN FORTINBERRY DIVISION MANAGER, PARKING
ALL STAFF
Michael Banish Chris Brown
Marlena Brumfield
Angelica Camacho Eric Denson
Gerald Forston
Katrina Gragston Taylor German
Shanda Green Justin Halter Leatha Howard Danny Jones
[continued]
NOT PICTURED
RAJESH RANJIT (DIVISION MANAGER, FISCAL & OPERATIONS)
CHARLES BATES, KALI CORRELL, MATTHEW FLOYD, ABIGAIL HAVERKOS, AUSTIN HODGES, SHANNON JOHNSON, CAROLYN NEIHEISEL,
Morgan Rahe Dejah Rawlings
Evette Reed Darby Schozer Nyemah Stark
Diana Vakharia Marc Von Allmen DeAngela Weakley Shyrell Waters Breanna White
Greg Koehler Kate Luebkeman Joseph Malek
Clint McIntosh
Sharon Patterson
LAWRENCE TAYLOR, BRIANNA WILTSHIRE, SCOTT WOLFE
Mary Poole
2022 - Present
The Affordable Housing Leverage Fund (“AHLF”) is an aggregation of funds managed by the Cincinnati Development Fund ("CDF") in partnership with the City of Cincinnati and Hamilton County to finance the construction, rehabilitation, and preservation of affordable housing.
Sources combine public, private, corporate, and charitable funds, including money from the City of Cincinnati’s Affordable Housing Trust Fund (“AHTF”) Incorporating funding sources allows them to be more effectively leveraged and deployed for meaningful projects The funds extend financing and subsidy in the form of forgivable loans or low-interest repayable loans through an evaluation and underwriting process Repaid loans are then recycled and re-lent in accordance with AHTF terms They can be used for acquisition costs, hard construction costs, and reasonable soft costs for residential and mixed-use developments serving low-to-moderate income tenants CDF is the service provider, and DCED is the City of Cincinnati's departmental contact for projects utilizing City dollars from the fund, helping CDF review and approve projects
Developers - Affordable Housing
Why: Cincinnati has a housing supply shortage; matched with increased demand, this leads to rising housing costs and a deficit of affordable housing options for residents In recognition of this, the AHLF activates and encourages proactive and targeted housing development, supporting a diversity of high-quality housing options for a variety of income levels, as well as supportive housing services It increases available financing tools to encourage the production of new AMI-restricted housing units and the preservation of existing affordable housing, thus widening production capacity within the development industry
Partners: Cincinnati Development Fund (“CDF”)
How: Interested developers submit an inquiry form to CDF using the link below, following the guidelines set for underwriting and awards Inquiries for funding are reviewed by CDF with input from DCED staff on relevant projects.
When: Inquiries are reviewed by CDF on a rolling basis.
Interested? Have questions? For more information, contact: Morgan Rahe, morgan rahe@cincinnati-oh gov
Roy Hackworth, roy hackworth@cincinnati-oh gov
Link(s) & Resources
https://cindevfund org/affordable-housing-leverage-fund-2023/
2005 - Present
American Dream Downpayment Initiative (“ADDI”) is a program that provides down payment assistance of up to $14,000 to lower- to middle-income first-time homebuyers buying a singlefamily property in Cincinnati.
Developers - Residential, Single-Family, Affordable Housing
Homeowners - Prospective
Why: Homeownership can be a pathway to housing stability and generational wealth-building for many, but rates of homeownership remain lower among lower- to middle-income populations ADDI addresses one of the biggest hurdles to homeownership: the upfront cash needed for a downpayment This ultimately helps make homeownership more accessible while increasing the tax base of the City of Cincinnati
Partners: United States Department of Housing & Urban Development (“HUD”)
How: Applicants must first be pre-approved for a mortgage loan before applying to the ADDI program. Once an applicant is identified as eligible, DCED issues a “Conditional Approval” letter with an amount of $10,000, 12,000, or $14,000, based on household income. Applicants then submit a fully executed contract to purchase, which DCED uses to initiate a housing code inspection through the Buildings & Inspections Department (“B&I”). Upon a successful inspection and compliance with all provisions of the program, DCED works with the applicant to execute an agreement with the City for the down payment assistance funds, and close on the home Funds awarded are subject to a subordinate mortgage and forgiven upon 5 years of residency
When: Applications are accepted on a rolling basis throughout the calendar year Once preapproved for the program, applicants have 90 days to submit a fully executed purchase contract * Once a fully executed purchase contract is received, there is a 30–45-day timeline for ADDI funds to be made available for closing
Interested? Have questions? For more information, contact: Lawrence Taylor, lawrence taylor@cincinnati-oh gov Dejah Rawlings, dejah rawlings@cincinnati-oh gov
Link(s) & Resources
https://www.hud.gov/sites/documents/20604 BROCHURE.PDF https://choosecincy.com/homeowner-renter-assistance/american-dream-down-paymentinitiative-addi/
*Note: One 45-day extension can be granted before an application is terminated.
The vitality of our region depends on the growing success of both new and existing businesses. Our expanded and improved Business Retention and Expansion Program in an invaluable resource for these local businesses, ensuring they have what they need to thrive.
The cornerstone of our Business Retention and Expansion Program are in-person visits (referred to as “BR&Es”), which involve conducting productive meetings with local businesses, consulting on their needs and goals, problem-solving issues they may be facing, removing barriers to growth, discussing industry insights, and connecting them with potential financing, partners, and regional and statewide resources Commonly, they are the first-time businesses learn about available resources and incentives, such as site search capabilities, talent/workforce assistance, and competitive financing DCED often partners with REDI Cincinnati and JobsOhio on BR&Es
Business Owners- ALL
Why: The goal of BR&Es is identifying local businesses' existing and anticipated needs and addressing those needs through coordinated resources, partnerships, and economic development tools Through these visits, DCED is able to problem solve issues that might cause businesses to fail, forgo relocation, and support them in expansion efforts Additionally, BR&Es help the City of Cincinnati maintain mutually beneficial, positive relationships with our expanding network of small and large businesses
Partners: REDI Cincinnati, JobsOhio
How: Business leaders interested in participating in a BR&E visit reach out to the program manager listed below DCED staff may also proactively reach out to potential businesses If interested, the program manager will follow-up with additional information, if necessary, then refer you to a DCED staff member most appropriate for your industry, location, or need They will then schedule a meeting with you, learn more about your company, and provide available resources and/or connections during or following the meeting.
When: BR&Es are conducted on a rolling basis throughout the calendar year.
Interested? Have questions? For more information, contact: Justin Halter, justin halter@cincinnati-oh gov
Link(s) & Resources
https://choosecincy com/business-expansion/business-retention-and-expansion-bre/
&
A Community-Based Development Organization (“CBDOs”) is an association or corporation organized under State or local law to engage in community development activities; these may include housing and economic development activities primarily within an identified geographic area of operation.
Some local organizations within Cincinnati are designated by the City of Cincinnati as CBDOs due to their organizational composition, neighborhood-serving activities These CBDOs can work with Community Development Block Grant (“CDBG”) funding provided by the City from the United States Department of Housing and Urban Development (“HUD”).
Non-Profits - Developers (e.g. CDCs)
Why: CBDOs are provided certain flexibility when undertaking neighborhood revitalization efforts that are not available to the City or other organizations when using CDBG funds Some of these expanded activities include new construction of housing (usually limited to rehabilitation) or activities that increase employment opportunities like job training
How: When considering an organization for CDBG funding, the City may evaluate the organization for certification as a CDBO through a formal application process
When: Applications are received on an ad hoc basis throughout the calendar year
Interested? Have questions? For more information, contact: Katrina Stallworth, katrina stallworth@cincinnati-oh gov
Community Entertainment Districts ("CEDs") are bounded areas that include entertainment, retail, educational, sporting, social, cultural, or arts establishments within close proximity to hotels, restaurants, retail sales establishments, enclosed shopping centers, museums, performing arts theaters, movie theaters, sports facilities, or other community services.
There are 26 CEDs across Cincinnati as of 2024, the most recently established being Mt Auburn and Mt Washington, established in 2022
Developers - Mixed Use, Commercial/Industrial
Other - Community Councils, Community Development Corporations
Why: State law limits the number of liquor permits allowed within a jurisdiction by type of permit based upon the population of the jurisdiction The type of permit most often used by full-service restaurants that wish to serve beer, wine, and mixed drinks, is known as a D-5 permit As the supply of such permits becomes constrained, the cost and availability of permits can become an impediment to the establishment of new restaurants. DCED can establish CEDs to create a new, geographically limited allocation of permits that are, in most ways, comparable to the D-5 permit. This helps businesses, commonly in smaller or younger neighborhoods with less established business districts.
How: Applicants submit a CED application and accompanying materials at the link below DCED staff reviews the application for completeness, before submitting to the City Manager’s Office for approval If approved, the CED application is submitted to the City’s Law Department, where the Ordinance is drafted and submitted to the Mayor’s Office for review Legally, the Mayor’s Office must deliver the CED application to Clerk of Council (with approval or disapproval recommendation) within 30 days of receiving it Then, within 30 days of the Clerk of Council receiving it, the City must publish notice in a newspaper of general circulation for two consecutive weeks City Council must vote on approval or disapproval of the application within 75 days of Mayor’s initial receipt of the CED application Once approved, the City submits the Ordinance and CED materials to the Ohio Division of Liquor Control
When: Applications are received on a rolling basis throughout the calendar year.
Interested? Have questions? For more information, contact: Diana Vakharia, diana.vakharia@cincinnati-oh.gov
Link(s) & Resources: https://choosecincy com/community-entertainment-districts-ced/
Community Housing Development Organizations (“CHDOs”) are private, nonprofit, community-based housing development organizations that are organized under state or local law to develop affordable housing in the communities they serve.
Several local non-profit housing development organizations have been designated as CHDO’s due to their organizational composition/mission, affordable housing development activities and work with HOME Investment Partnership (“HOME”) provided by the City of Cincinnati from the United States Department of Housing and Urban Development (“HUD”).
Non-Profits - Developers (e.g. CDCs)
Why: The City of Cincinnati receives a yearly allocation of HOME funds from HUD Fifteen percent of those funds must be "set-aside" to be awarded to CHDOs to develop housing Additionally, HUD allows that up to 5% of the federal HOME allocation may be used in operating support for CHDOs These funds may be used to cover staff time, rent charges, and any other operating costs of the certified CHDOs
Partners: United States Department of Housing and Urban Development (“HUD”)
How: When considering an organization for HOME CHDO funding, the City may evaluate the organization for certification as a CHDO through a formal application process.
When: Applications are received on an ad hoc basis throughout the calendar year
Interested? Have questions? For more information, contact: Joseph Malek, joseph malek@cincinnati-oh gov
1996 - Present
The Cincinnati Land Reutilization Program (“CLRP”) provides opportunities for qualified individuals or entities to obtain the title to, and development rights of, City-owned property.
DCED facilitates the sale of CLRP properties for projects that include residential development, commercial/industrial development, infrastructure, parks/recreation, gardens/urban agriculture, green space, and side-lot maintenance Priority is given to projects that are intended to revitalize neighborhoods, increase affordable housing opportunities, and stimulate economic development within the City of Cincinnati All CLRP properties are sold “as-is” at Fair Market Value, as determined by a City appraiser
Developers - Affordable Housing
Business Owners - ALL
Developers - ALL
Non-Profits - ALL
Renters
Homeowners - ALL
Other - Community Councils, Community Development Corporations
Why: The purpose of the CLRP is to return non-productive property back to tax revenue generating, productive use
Partners: City of Cincinnati Department of City Planning and Engagement (“CP&E”)
How: Applicants submit a complete CLRP application and required attachments DCED staff review the application for completeness and eligibility, before submitting the information to CP&E for an eligibility review Depending on several factors, including CP&E’s review, CLRP properties are either sold administratively or through a legislative process of City Planning Commission and City Council approval For rehabilitation/redevelopment projects, applicants are expected to commence their project within 60 days, for new construction, within six months All projects must be completed within two years of property transfer
When: Applications are reviewed on a first-come, first-serve basis If there is heightened interest in a property, DCED reserves the right to release a competitive Request for Qualifications (“RFQ”) or Request for Proposals (“RFP”) to award purchase and development of the site
Interested? Have questions? For more information, contact:
Dejah Rawlings, dejah rawlings@cincinnati-oh gov
DeAngela Weakley, deangela weakley@cincinnati-oh gov
&
2023 - Present
The Tenant Improvement Program (“TIP”) alleviates barriers for small business by offering grants of up to $20,000 to small businesses (1) relocating to Cincinnati, (2) opening a new business in Cincinnati, or (3) expanding within Cincinnati, to cover renovation costs for necessary fixed asset improvements to their commercial spaces.
They can use the funds for fixed asset improvements to the interior of commercial properties, and up to 10% of the total grant award for soft costs, such as architectural and/or engineering costs DCED partners with the Department of Economic Inclusion (“DEI”) to execute this programming, promoting TIP through a variety of mediums, and conducting a robust review process of the grant applications received
Business Owners - ALL
Why: Supporting and empowering local business owners is critical to creating vibrant communities and fostering a healthy regional economy. In honor of this, the City of Cincinnati established TIP in 2023 to reduce barriers small businesses face when securing commercial space and mitigate some of the risks they assume.
Partners: City of Cincinnati Department of Economic Inclusion (“DEI”), as part of the Small Business Team (the “SBT” is made up of DCED staff and staff from DEI)
How: Applicants should submit a complete application packet using the link below as soon as the next round of funding is available The SBT conducts an initial review of applications for minimum eligibility requirements and completeness, before interviewing selected applicants in conjunction with a visit to the project location They then approve applicants, issue them a letter of award, and conduct a ‘Meet and Confer’ session After which, DCED works with each applicant to execute an official funding agreement with the City Awarded applicants must begin work within 90 days of executing the agreement, which the City will inspect for compliance; following approval and review of awarded applicants invoice requests, DCED issues grant payments.
When: Open Spring 2024; exact date TBD. There is a 6-week application period, with awards expected to be announced in Fall 2024.
Interested? Have questions? For more information, contact:
Joseph Malek, joseph malek@cincinnati-oh gov
Eric Denson, eric denson@cincinnati-oh gov
Link(s) & Resources
https://choosecincy com/small-business/
The Community Reinvestment Area (“CRA”) Program is a direct incentive tax exemption program created by the State of Ohio to aid property owners who renovate existing or construct new buildings. It permits municipalities and counties to designate areas where investment has been discouraged and offer CRA programming to spur revitalization of the existing housing stock and new development The City of Cincinnati’s entire municipal area is one CRA, with DCED running two programs: Commercial Tax Abatements (“Commercial CRAs”) and Residential Tax Abatements (“Residential CRAs”)
Commercial CRAs offer a partial property tax abatement to companies and developers building or renovating a residential (5+ units), commercial, industrial, or mixed-use facility in cases where the new or renovated facilities will result in job creation. This reduces post-construction property taxes paid by the property owner, which lowers operating expenses, which lowers the risk of development, increasing project viability and project investment beyond what would otherwise be feasible Projects may be eligible for up to a maximum 67% net abatement for up to 15 years
Business Owners - ALL
Developers - ALL
Non-Profits - Developers (e.g. CDCs)
Why: Commercial CRAs catalyze development and investment that often would otherwise would not occur It can also incentivize additional positive development practices, such as certified ‘green building’ practices
How: Developers submit an application to the City, which DCED will review before providing a recommendation for a tax exemption at a level supported by internal underwriting, City policy, and City and state law to the City Manager and City Council. (Note: notwithstanding this recommendation, City Council has the power to disapprove or approve the exemption at any amount or duration in accordance with City and State law). After which, DCED works with each developer to execute an official CRA agreement with the City The developer also enters into a separate agreement with the school board to pay the equivalent of 33% of taxes abated as a payment-in-lieu of taxes (“PILOT”); they may also make a contribution of a portion of the taxes abated, up to 15%, pursuant to a Voluntary Tax Incentive Contribution Agreement (“VTICA”)
When: Applications are received on a rolling basis throughout the calendar year Typically, internal review and issuance of an offer letter takes at least four weeks; contract drafting and City Council approval, if necessary, takes approximately 12 weeks; and contract execution and any preconstruction activities take at least two weeks. To be eligible, developers must execute their CRA agreement before any construction begins.
Interested? Have questions? For more information, contact: Marc Von Allmen, marc vonallmen@cincinnati-oh gov [Intake] Michael Banish, michael banish@cincinnati-oh gov [Monitoring & Compliance]
Link(s) & Resources
https://choosecincy com/business-expansion/real-estate-financial-assistance/
The Community Reinvestment Area (“CRA”) Program is a direct incentive tax exemption program created by the State of Ohio to aid property owners who renovate existing or construct new buildings. It permits municipalities and counties to designate areas where investment has been discouraged and offer CRA programming to spur revitalization of the existing housing stock and new development The City of Cincinnati’s entire municipal area is one CRA, with DCED running two programs: Commercial Tax Abatements (“Commercial CRAs”) and Residential Tax Abatements (“Residential CRAs”)
Residential CRAs make it possible for residents seeking renovations, improvements, or new housing construction to reduce their taxes by paying taxes on the pre-improvement value of their property for up to 15 years. This reduces barriers to residential development and renovations, ultimately helping to make homeownership more accessible and increasing project viability and project investment beyond what would otherwise be feasible
Contractors
Developers - Residential, Multi-Family, Single-Family, Sustainable
Homeowners - ALL
Why: When you invest in renovations or build a new home, your property taxes go up, adding an additional financial barrier for those hoping to renovate their homes or prospective homeowners hoping to construct a home – in particular, for low- to middle-income homeowners This barrier can often be the difference between scrapping a project or moving it forward. The goal of the Residential CRA program is to stimulate community revitalization, retain city residents, attract homeowners, reduce development costs for homeownership and rental projects, encourage development that revitalizes our housing supply, and help Cincinnati families grow within their neighborhoods
How: Homeowners submit an application with all the required documentation to the City after construction is complete (+ once the Certificate of Occupancy is issued and all permits are closed) using the link below As of 2023, applicants use an updated online application system (ezTrack), which allows for increased accessibility, process tracking, and more Applicants should follow the “how to” guides on the website linked below A Development Officer will review the application and begin processing and approval will be determined based on eligibility. It may take up to 8 weeks for an application to be processed internally, within DCED. Once approved, a letter of approval from DCED is forwarded to the applicant and the Hamilton County Auditor’s office, who will then assess the property’s improved value After which, the auditor will approve and apply the abatement
When: Applications are received on a rolling basis throughout the calendar year
Interested? Have questions? For more information, contact: Morgan Rahe, Matthew Floyd, ResTaxAbatement@cincinnati-oh gov
Link(s) & Resources
https://choosecincy.com/homeowner-renter-assistance/residential-tax-abatement/
2015 - Present
Designated Outdoor Refreshment Areas (“DORAs”) permit residents in specific spaces to openly consume alcoholic beverages; they are an effective economic development tool by enhancing public usage of space.
DORAs are bounded areas designated as exempt from certain open container provisions as laid out in Ohio Revised Code Section 4301 82 and Cincinnati Municipal Code Chapter 838 Within the boundaries of a DORA, patrons can consume an open beverage open beverage containing alcohol from an on-premises liquor permit holder, such as a bar or a restaurant, and leave the premises with the drink and continue consuming it either outside or in a participating business without a liquor license, such as a retail shop or art gallery Currently, Ohio law allows the establishment of six DORAs within the City of Cincinnati, each being up to a square mile in size
Four DORAs exist as of 2024: The Banks, Westwood, College Hill, and Hyde Park
Non-Profits - ALL
Why: DORAs boost foot traffic in walkable business districts and create thriving social hubs that benefit all local businesses, not just our bars and restaurants.
Partners: Community Organizations, such as Neighborhood Councils, Community Development Corporations, or Business Associations
How: Community organizations interested in establishing and managing a DORA should first meet with DCED staff to review necessary requirements to be addressed in the application to City Council. Once this initial meeting has occurred, the community organization should engage necessary stakeholders, such as the neighborhood council, business association, residents and businesses to garner letters of support. DCED staff works with the community organization to draft an application to City Council; they then review proposals and drafts applications to City Council for the establishment of or the amendments to DORAs. If approved by City Council, the community organization enters into a management agreement, providing for the services related to the operations of the DORA.
When: Applications are received on a rolling basis throughout the calendar year. City Council is required by State law to review the continued operation of each DORA every five years.
Interested? Have questions? For more information, contact: Justin Halter, justin.halter@cincinnati-oh.gov
Link(s) & Resources
https://com.ohio.gov/divisions-and-programs/liquor-control/local-governmentresources/designated-outdoor-refreshment-areas
2016 - Present
Fair Housing Services is a program run in collaboration with Housing Opportunities Made Equal (“H.O.M.E.”) for addressing housing needs of all federally protected classes.
DCED Housing staff work with partners to increase consumer awareness of fair housing laws and discriminatory practices, monitor the Cincinnati housing market through ongoing testing, investigate discrimination complaints through testing, and monitoring City-funded housing programs for their fair housing impact and compliance
Developers - ALL
Non-Profits - ALL
Renters
Homeowners - ALL
Why: The goal of the program is to affirmatively promote equal housing opportunities for all home seekers
Partners: Housing Opportunities Made Equal (“H O M E ”)
How: H O M E educates consumers by conducting advertising and outreach campaigns, fair housing testing, responding to housing complaints, and monitoring all governmental housing programs and federally assisted private sector housing.
When: Our contract with H.O.M.E. spans annually from July-June.
Interested? Have questions? For more information, contact: Breanna White, breanna white@cincinnati-oh gov
For over two decades, the Grow Cincinnati Fund loan program has assisted growing small businesses across Cincinnati. The fund is made possible by a unique economic development partnership between the City of Cincinnati and national organization Grow America.*
Loans made under this program are underwritten by Grow America and guaranteed by the United States Small Business Association ("SBA"); each loan must comply with SBA 7(a) guidelines and procedures Eligible uses of the loan funds include permanent working capital, machinery and equipment, property acquisition and renovations, leasehold improvements, and refinancing debt
Why: The purpose of the Grow Cincinnati Fund program is to encourage expansion and increase the capacity of small local businesses by providing debt financing and access to technical assistance This helps create jobs and economic opportunity, stimulate needed investment, and build more vibrant communities
Partners: Grow America
How: DCED staff and Grow America lending specialists meet with interested businesses to understand the loan request and explain the loan review process. The business then submits a loan request online. Grow America evaluates and underwrites the loan for an SBA guarantee. Grow America submits a completed loan package to the SBA for final approval. Upon SBA approval, Grow America works with DCED and the business to conduct a loan closing. Grow America services the loan.
When: Interest inquiries received on a rolling basis throughout the calendar year.
Interested? Have questions? For more information, contact: Eric Denson, eric.denson@cincinnati-oh.gov [DCED] Adre Joiner, ajoiner@growamerica.org [Grow America]
Link(s) & Resources
https://growamerica.org/small-business-lending/cincinnati/ Business Owners - ALL
*Grow America (formally "the National Development Council" or "NDC") is one of the oldest and most comprehensive community and economic development nonprofits in the nation They've worked for over half a century to increase the flow of capital to low-income communities through job creation and training, small business lending, development and preservation of affordable housing, and social infrastructure The City of Cincinnati has partnered with Grow America since 2003, when the Grow America Fund of Cincinnati was created for small business lending; DCED maintains and strengthens this relationship through a myriad of local initiatives, consulting, and collaboration
2015 - Present
The Hand Up Initiative provides job training and supplemental services to low- to moderateincome residents in Cincinnati’s NRSAs* through community-based development organizations.
Through partner organizations to the City of Cincinnati, residents who are unemployed or underemployed, aged 18 years and over, and earning up to 80% of the area median income, based on HUD income limits, can receive various job skills training, job placement, transitional jobs, career coaching services, and wrap-around services. A career pathway system encourages qualified participants to obtain training and entry-level employment in one of several industries, including construction, transportation & logistics, manufacturing, healthcare, food service, information technology, and green industries
Non-Profits - Service Providers
Other: All Eligible City Residents Described Above
Why: High-paying, high-quality, stable economic opportunities are among the most effective strategies for combatting poverty and violence. Targeting education, career training, and other vital support such as mentoring can have an incredible impact on community safety and crime reduction, alleviating health inequity, and nurturing more vibrant, sustainable communities.
Partners: Cincinnati Hamilton County Community Action Agency (“CAA”), Cincinnati Works, Freestore Foodbank, IKRON, Mercy Neighborhood Ministries, and the Urban League of Greater Southwestern Ohio (“ULGSO”)
How: Services are provided by agencies selected through a Request For Proposal (“RFP”) process DCED staff manages the Hand Up Initiative contracts and portions of administrative responsibilities
When: Services are provided on a year-round, ongoing basis
Interested? Have questions? For more information, contact: Katrina Stallworth, katrina.stallworth@cincinnati-oh.gov
*A Neighborhood Revitalization Strategy Area (NRSA) is a Community Development Block Grant (CDBG) grantee-designated area targeted for revitalization
The City of Cincinnati receives HOME Investment Partnership funding from the United States Department of Housing and Urban Development (“HUD”) through its annual entitlement grant. These funds must be used for the construction of rental housing and homeownership opportunities for low-moderate income households.
The rental housing constructed with HOME funds has a period of required affordability where the City must monitor the owner’s adherence to lease requirements and property standards All nonprofit and for-profit organizations who have received HOME funding from the City and have constructed affordable rental housing with long term AMI-restriction requirements are required to be monitored for the quality of the housing and ensuring it’s occupied by households who fit the AMI-restrictions.
Developers - Affordable Housing
Non-Profits - Developers (e.g. CDCs)
Why: As a condition of the City’s use of HOME funding, HUD requires that the City undertake annual monitoring of the housing constructed by HOME funds The monitoring period is determined case by case pursuant to HUD rules and regulations but commonly ranges from 10-20 years.
Partners: United States Department of Housing and Urban Development (“HUD”)
How: DCED staff send annual notices for monitoring, review documents from the property owner, and conduct inspections of HOME units using a qualified and licensed property inspection company
When: Services are provided on a year-round, ongoing basis
Interested? Have questions? For more information, contact: Angelica Camacho, angelica camacho@cincinnati-oh gov
Job Creation Tax Credits (“JCTCs”) are an incentive tool for companies expanding in, or moving to Cincinnati, in consideration of their net, new jobs created.
The City of Cincinnati can provide a credit against a company’s net profits tax obligation for a future number of years determined based on the project To qualify, companies must commit to creating or relocating a minimum of 25 new, full-time, permanent jobs with an average salary of 200% of minimum wage to Cincinnati within 3 years, or a minimum of 10 jobs within 3 years and at least $1MM in new yearly payroll.
Business Owners - ALL
Why: Following decades of dramatic population and job loss in Cincinnati that led to disinvestment and an unsustainable depletion of municipal funds for public services, JCTCs have since proven a much-needed effective strategy in bringing long-term economic opportunity to the region. The goal of JCTCs is to facilitate the retention and creation of jobs, helping to uplift residents and contributing to Cincinnati’s tax base.
How: A company considering expanding within, or relocating to, Cincinnati should complete the “JCTC Tax Incentive Application” linked below, engaging with DCED staff if any questions emerge DCED staff reviews applications for completeness and may request additional items from the applicant Once the application review and internal underwriting are complete, DCED makes a recommendation to the City Manager for approval Following the City Manager's official approval, DCED extends an offer letter or term sheet to the applicant; once accepted, the City drafts legislation for the JCTC to move forward. Following approval by City Council and the Mayor, the City and applicant execute the JCTC Agreement. Timeline is generally as follows: Internal Review & Offer Letter (4 weeks); Contract Drafting & Legislative Approval (12 weeks); Contract Execution (2 weeks)
When: Applications received on a rolling basis throughout the calendar year
Interested? Have questions? For more information, contact: Taylor German, taylor.german@cincinnati-oh.gov [Intake] Michael Banish, michael.banish@cincinnati-oh.gov [Monitoring & Compliance]
Link(s) & Resources
https://choosecincy com/business-expansion/job-creation-tax-credit/
The City of Cincinnati operates a federal grant from the United States Department of Housing and Urban Development (“HUD”) to control lead paint, dust, and soil hazards in residential properties.
The only way to protect children from lead poisoning is to remove lead hazards from their environment Old homes may contain lead paint which can deteriorate over time and create leaded dust, and improper repair or renovation can actually make the problem worse This program was established to address this, helping to minimize exposure and battle the leading cause of environmental disease in children If you own residential property built before 1978 within city limits, you may be eligible to take part in this Lead Hazard Control Program
Renters
Homeowners
- ALL
Why: Lead poisoning contributes to a variety of physical, social, and environmental problems. The negative impacts of lead poisoning on kidneys, red blood cells, and the nervous system are dangerous to persons of all ages but have an especially dangerous effect on children 6 years of age and younger Even the smallest amounts of lead can interfere with a child’s brain development and result in permanent intellectual, behavioral, and learning problems, as well as other health problems
Partners: United States Department of Housing and Urban Development (“HUD”), the City of Cincinnati Health Department, People Working Cooperatively (“PWC”)
How: Local organization PWC oversees intake for this program; portions of administrative responsibilities are managed by City staff in DCED Applicants send applications to PWC to initiate the process Once the application is verified as complete, the Health Department performs a paint inspection at the property. DCED subsequently schedules a contractor walkthrough with a selected contractor firm. After the contractor walk-through, the contractor sends a bid to DCED for approval. Upon conclusion of the bidding process, lead remediation work is performed at the home.
When: Applications received on a rolling basis throughout the calendar year.
Interested? Have questions? For more information, contact: Lawrence Taylor, lawrence taylor@cincinnati-oh gov
Link(s) & Resources
https://choosecincy com/homeowner-renter-assistance/lead-abatement/
2024 - Present
Lift Neighborhood Homebuyer Initiative ("Lift-HI") is a construction subsidy program increasing the supply of affordable homes in "Lift Neighborhoods"* to be sold to first-time homebuyers. LiftHI provides forgivable loans to developers for new construction or rehab of vacant single-family and condominium unit housing structures; these properties are then to be sold to households that do not exceed 120% of the Area Median Income (“AMI”).
Lift-HI construction funds can be used for hard construction costs associated with the project. These funds cannot be used for acquisition, expenses incurred prior to the contract award, or soft costs associated with the project Applicants must have site control, have secured a bank loan, and be able to demonstrate they have maximized all private debt financing options for funding sources
Developers - ALL
Homeowners - ALL
Non-Profits - Developers (e.g. CDCs)
Other - Contractors
Why: Evaluation of the City of Cincinnati’s residential tax abatement program determined the need for it to be paired with other policies and support programs in the “Lift Neighborhoods ” To address this, Lift-HI prioritizes investment in historically under-served neighborhoods, achieving more social equity in homeownership rates, and bringing underutilized property back to best-use
How: Once the guidelines are released, an online application for the Lift-HI program will go live at the link below Interested developers and contractors submit their applications and accompanying materials for review DCED staff conduct an extensive review process for project feasibility and completeness, which includes assessing project readiness, financing, site eligibility, and project characteristics. Projects must undergo an inspection by a City-contracted third-party inspector before conditional awards are made The property close of sale must happen within 2 months of City contract execution only then can construction commence Post-construction, a City-contracted third-party inspector completes another inspection, after which the home is sold to an incomequalified homebuyer and DCED releases the mortgage on the property
When: Lift-HI guidelines and an online application form will be released on May 14th, 2024, with applications and accompanying documents due June 21st It takes up to 8 weeks for an application to be processed internally within DCED Awards will likely be announced in August
Interested? Have questions? For more information, contact: Breanna White, breanna white@cincinnati-oh gov
Link(s) & Resources https://choosecincy com/homeowner-renter-assistance/lifthi/
*Ordinance 106-2023 established three tiers for neighborhood development as part of the reforming of the Residential Tax Abatement program: “Lift” “Expand” and “Sustain ” These tiers are determined by a myriad of criteria, including household income, poverty rate, housing value, and more For more, go to: choosecincy com/homeowner-renterassistance/residential-tax-abatement/.
The Low-Income Housing Tax Credit ("LIHTC") Program is a highly competitive state-level program providing tax credits to leverage private redevelopment that increases the supply of high-quality, affordable housing. Doing this offsets the cost of housing development for individuals with low- to moderate-income, helping to make projects more feasible.
The City of Cincinnati provides letters of support to give Cincinnati projects a more competitive application Support letters include a local letter of support signed by the Mayor of Cincinnati and a financial commitment letter from DCED documenting the project’s eligibility for other City programming, such as Commercial CRA Tax Abatements or NOFA
Developers - Affordable Housing
Why: Cincinnati has a housing supply shortage; matched with increased demand, this leads to higher housing costs and a deficit of affordable housing options for residents In recognition of this, DCED aims to activate and encourage proactive and targeted housing development, supporting quality and diverse housing options, as well as supportive housing services for a variety of income levels Funding local projects through the LIHTC is a crucial piece of financing the creation and preservation of affordable housing, bringing new units online
Partners: Cincinnati Development Fund (“CDF”)
How: OHFA accepts applications on an annual basis, typically in January or February Approximately two months before each year’s application due date, the City of Cincinnati support letter request form will open on DCED’s website, linked below Interested affordable housing developers should follow the instructions and fill out the form when it becomes available Before writing a letter of support to be sent to the Mayor, DCED staff evaluate each project based on completeness and alignment with program priorities Following the Mayor’s approval and signature on support letters, the letters are sent back to applicants for use in their application to the State of Ohio
When: Requests for City support letters typically open in the December prior to LIHTC applications being due (e g if LIHTC Applications are due February 2024, the DCED support letters request form would open in December 2023)
Interested? Have questions? For more information, contact: Morgan Rahe, morgan rahe@cincinnati-oh gov
Link(s) & Resources
https://choosecincy com/real-estate-development/lihtc-htc/ https://ohiohome org/ppd/4percent-olihtc aspx
To increase equity of awareness regarding economic opportunities in development, DCED conducts public meetings between developers and City-certified MBE, WBE, and SBE* contractors, as well as trade unions and other interested contractors or suppliers, for development projects receiving City support. These meetings, referred to as "Meet & Confer," are an opportunity for those in the construction and development field to learn more about DCED-supported projects and bid on relevant work.
All entities that receive City funding through DCED for construction projects are required to conduct Meet & Confers for projects These most often include a discussion of the construction project scope, the use and extent of City funding, what areas will be open for bids, and more
Developers - ALL
Business Owners - ALL Contractors
Non-Profits - ALL Trade Unions
Why: Historically, the field of development can have a problem with projects being determined based on "who you know," with job opportunities reliant on connections and ethos. By requiring developers who receive City support to conduct public meetings on bidding opportunities with contractors particularly minority and small businesses the City of Cincinnati can help to nurture a more equitable environment of economic opportunity in development
Partners: City of Cincinnati Department of Economic Inclusion (“DEI”)
How: Meet & Confers are held before contract execution DCED staff coordinates the completion of an intake form by the developer After the intake form is complete, the project manager emails the Meet & Confer distribution list with meeting details, the form, and any additional documents (e g , building plans, prevailing wage determination) Currently, all meetings are held virtually Any follow-up should occur directly between the developer and contractor, business owners, and tradesperson not through our department
When: Meetings are held on an ad hoc basis Notification of an upcoming Meet & Confer is emailed out at least two weeks in advance of the meeting
City-certified businesses automatically receive Meet & Confer notifications. If businesses want to be added to the email list, email communitydevelopment@cincinnati-oh.gov to inquire.
*DEI certifies Minority-Owned Businesses (“MBE), Women-Owned Businesses (”WBE), and Small Businesses (“SBE) For more information on certification, contact DEI at 513-352-3144 or dei@cincinnati-oh gov
2006- Present
The MicroCity Loan Program, administered through GCMI*, provides loans of up to $50,000 to small businesses in Cincinnati.
The program is geared toward early stage and startup businesses, and the funds can be used for working capital, machinery and equipment, tenant improvements, construction and renovations, and property acquisition Eligible businesses include for-profit businesses with five or fewer employees (not including the owner) that have adequate historical or projected cash flow
Business Owners - Small Businesses, Minority-Owned Businesses, WomenOwned Businesses
Why: At DCED, we know that small businesses serve as anchors for communities and developing neighborhoods, so the more the City of Cincinnati can do to facilitate their support and development, the better. The goal of the MicroCity Loan Fund is to provide financial assistance to small businesses in the form of debt financing that might not otherwise be able to obtain funding from traditional lenders This can help them retain stability, grow, create jobs, and catalyze more vibrant, engaged, and equitable communities
Partners: The Greater Cincinnati Microenterprise Initiative (“GCMI”)
How: Interested businesses should reach out to the program manager listed below Then, once connected, DCED and GCMI staff meet with the business to understand the loan request and explain the loan review process The business submits a loan request to GCMI, who evaluates and underwrites the loan with feedback from DCED Upon final approval, GCMI works with the business to conduct a loan closing GCMI services the loan
When: Requests received on a rolling basis throughout the calendar year.
Interested? Have questions? For more information, contact: Eric Denson, eric.denson@cincinnati-oh.gov
Link(s) & Resources
http://www gcmi org/microcity loan php
*The Greater Cincinnati Microenterprise Initiative ("GCMI") is an entrepreneurial education program designed to help individuals and small business owners develop business models and plans, while providing them access to small business lending, one-on-one technical assistance, and many other small business resources
One of the City of Cincinnati’s longest-running community development programs, the Neighborhood Business District Improvement Program (“NBDIP”) is a competitive funding program available to recognized Neighborhood Business Districts (“NBDs”) for projects that strengthen their viability and vitality
The NBDIP program supports projects in two funding request categories: major and minor. The program funding level is established each year by City Council, with DCED staff working to identify eligible projects in recognized NBDs A maximum of two funding requests one major and one minor can receive NBDIP funding each year of programming Minor projects cannot exceed $50,000 and there is no funding limit for major projects (however, projects that have a higher private-to-public funding ratio are more likely to be funded) Some examples of project goals include increasing the availability of products and services, helping to develop small businesses, promoting business district branding, ensuring safety and accessibility for customers and visitors, and improving public spaces
Non-Profits - ALL
Non-Profits - Developers
Why: The goal of the NBDIP program is to strengthen neighborhood business districts by providing funding support for property development, facade improvements, public parking, business district branding, and other NBD infrastructure projects that make a positive impact on businesses and/or create jobs
Partners: Cincinnati Neighborhood Business Districts United (“CNBDU”)
How: Project applicants submit a pre-application using the link below DCED staff review preapplications as part of the mandatory pre-application meeting With input from other applicable City departments, DCED provides project feedback and input to applicants Applicants then incorporate City staff feedback into project proposals and submit a final application (also found at the link below) for consideration. Funding awards are based on (1) ratings from a peer review of applications and presentations, (2) project recommendations received from CNBDU, and 3) a final review by City staff that takes into consideration both (1) and (2) The City Manager makes final project recommendations to City Council, who must approve all recommended funding requests prior to project implementation
When: The 2024 pre-application form was released in early February and is due on March 8th at 4:30 P M The final applications are due April 19th, at 4:30 P M The peer review process includes a bus tour of all proposed projects and a presentation by each applicant Final funding awards are announced no later than July 30.
Interested? Have questions? For more information, contact: Diana Vakharia, diana vikharia@cincinnati-oh gov
Link(s) & Resources
https://choosecincy com/neighborhood-services/ neighborhood-business-district-improvement-program-nbdip/
The City’s Neighborhood Business District Support Fund Program (“NBDSF”) provides annual funding to Community Councils, Business Associations, and/or Community Development Corporations for projects and activities that enhance the vibrancy of the recognized neighborhood business district (“NBDs”).
The funding level is established each year by City Council. DCED oversees the awarding of funds based on the program guidelines and CNBDU recommendations. Priority is given to projects requiring a substantial investment in real estate development relative to the average real estate value within the surrounding neighborhood.
Non-Profits - Developers
Why: The goal of the program is to improve the quality of life in NBDs by supporting promotional activities and physical improvements, as well as organizational development and collaboration between neighborhood business associations and community councils.
Partners: Cincinnati Neighborhood Business Districts United (“CNBDU”)
How: DCED funds the program and helps with intake, while the project assessment process is led by CNBDU When applications open, applicants submit NBDSF project applications to the NBDSF program manager on any of the seven proposal submission deadlines (typically one week prior to the CNBDU General Body monthly meeting) Interested groups then present on their proposed project to CNBDU a membership organization comprised of Community Councils, Business Association, and Community Development Corporations The General Membership of CNBDU serves as the peer review body that votes to recommend the NBDSF proposal to the City for funding
Note: NBDSF proposals must be approved by residents and business owners residing in that neighborhood before they present to CNBDU
When: The proposal review process opens in October and runs through April of each year, with seven opportunities for application submissions.
Interested? Have questions? For more information, contact: Diana Vakharia, diana.vikharia@cincinnati-oh.gov
Link(s) & Resources
https://choosecincy com/neighborhood-services/ neighborhood-business-district-support-fund/
2023 - Present
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)*
Developers (ALL)
Non-Profits - Developers
Why: 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
How: DCED awards NCCIP funding through a competitive application process during the second quarter of the calendar year Following the release of the guidelines, the application becomes available online, found at the link below Interested applicants complete the final application and all required documentation within 30 days after the initial application release day DCED partners with community and economic development organizations to form a review committee; they score the projects based on select criteria outlined in the program guidelines, provide recommendations, and finalize their internal evaluation based on how well each project meets the City's community and economic development policy objectives. DCED presents project funding recommendations to the City Manager, who has final approval privileges Award determinations are then announced to City Council and shared publicly DCED staff work with the awardees to define a reasonable scope of work, timeline for deliverables, and final terms through a formal funding agreement After terms are set, awardees work with DCED to implement the project
When: DCED intends to release 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
Interested? Have questions? For more information, contact: Joseph Malek, joseph.malek@cincinnati-oh.gov
Link(s) & Resources
https://choosecincy com/neighborhood-services/ neighborhood-catalytic-capital-investment-rfp/
*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)
The City’s Neighborhood Support Program (“NSP”) helps foster resident-controlled neighborhood projects and improve the leadership capacity of Community Councils. NSP funds are available for neighborhood projects and activities planned, implemented, and evaluated by eligible Community Councils.*
DCED funds the program through Invest in Neighborhoods (“IIN”) IIN then contracts and manages the program from start to finish
Other - Community Councils
Why: The goal of NSP is to enhance the quality of life in each Cincinnati Neighborhood through self-determination and community improvement This is achieved by supporting efforts to recruit, train, and increase the productivity of neighborhood volunteers, as well as projects that have a direct positive impact on residents’ lives.
Partners: Invest in Neighborhoods (“IIN”)
How: IIN assists community councils in developing proposals and contracts; reviewing proposals for compliance; preparing NSP materials for review committee’s consideration; and issuing contracts to communities with approved proposals
When: Each year, IIN compiles a list of Active Community Councils by August 31 and provides it to the City by September 15 The funds are then divided evenly among the Active Community Councils For all deadlines and dates for the program, check out the program information on IIN’s website, linked below
Interested? Have questions? For more information, contact: Scott Wolfe, scott wolfe@cincinnati-oh gov
Link(s) & Resources https://www.investinneighborhoods.org/nsp/
*Only Community Councils recognized and approved by the Cincinnati City Council are eligible to participate in the NSP program and must adhere to the NSP Guidelines and democratic operation of its Community Council Reach out to the program manager for any further questions on eligibility
2015 - Present
The Notice of Funding Availability (“NOFA”) program provides residential developers with various subordinate financing options for transformative housing projects that make positive, visible impacts on our communities, and fulfill City housing priorities, such as affordability, availability, variety, and sustainability
NOFA is a public gap financing tool that can be used for up to 40% of total project costs, or up to $1 million, for housing development projects that stimulate investment and would otherwise not proceed. Funds may be used towards site preparation, hard development costs, and infrastructure improvements associated with an eligible project Funding sources may include Home Investment Partnership Program (“HOME”), Community Development Block Grant (“CDBG”), City Capital, and District TIFs The amount of allocated financial assistance is limited by the availability of federal and local funding
Developers - ALL
Non-Profits - Developers
Other: Community Development Corporations, Community Housing Development Organizations, Community-Based Development Organizations, Public Housing Authorities
Why: Cincinnati has a housing supply shortage; matched with increased demand, this leads to higher housing costs and a deficit of affordable housing options for residents In recognition of this, DCED aims to activate and encourage proactive and targeted housing development, supporting quality and diverse housing options, as well as supportive housing services for a variety of income levels NOFA is enables the City to help stimulate the creation of hundreds of units a year, thus helping to achieve Plan Cincinnati’s goals of providing a full spectrum of healthy housing options and to improve housing quality and affordability
How: NOFA funding is awarded through a competitive application process. At the start of the NOFA cycle, DCED releases guidelines and an Intent to Apply form, as well as separate online applications for homeowner and renter projects. Interested applicants are expected to submit a response to the Intent to Apply form by the date listed in the Guidelines and form The application and all associated attached are due at a later date, as indicated in the Guidelines and application documents DCED staff evaluate and recommend projects based on how well they meet City housing policy objectives (scoring criteria are updated annually); their recommendations are presented the City Manager for final determination of awards Contracts are then drafted between the City and the applicant
When: NOFA is typically released at the link below in early February, with final applications due in May, and awards announced in August.
Interested? Have questions? For more information, contact: Breanna White, breanna white@cincinnati-oh gov Morgan Rahe, morgan rahe@cincinnati-oh gov
Link(s) & Resources
https://choosecincy com/real-estate-development/notice-of-funding-availability/
&
The Ohio Historic Preservation Tax Credit ("OHPTC") Program is a highly competitive statelevel program providing tax credits to leverage private redevelopment of historic buildings.
The City of Cincinnati provides letters of support to projects in city limits to give Cincinnati projects a more competitive application. Support letters include a local letter of support signed by the Mayor of Cincinnati and a financial commitment letter from DCED documenting the project’s eligibility for a Commercial or Residential CRA Tax Abatement
Developers - Historic
Why: Cincinnati has a housing supply shortage; matched with increased demand, this leads to higher housing costs and a deficit of affordable housing options for residents In recognition of this, DCED aims to activate and encourage proactive and targeted housing development, supporting quality and diverse housing options, as well as supportive housing services for a variety of income levels. Cincinnati’s is home to some of the oldest housing stock in the country, with up to 30% of listings built before 1940, and over 60% built before 2000. Funding local projects through the OHPTC is a crucial piece of revitalizing deteriorating structures, preserving our historic architectural fabric, and bringing new housing units online.
Partners: Cincinnati Development Fund (“CDF”)
How: OHFA accepts applications on a bi-annual basis in the Spring and Fall Approximately two months before each year’s application due date, the City of Cincinnati support letter request form will open on DCED’s website, linked below Interested historic developers should follow the instructions and fill out the form when it becomes available Before writing a letter of support to be sent to the Mayor, DCED staff evaluate each project based on completeness and alignment with program priorities Following the Mayor’s approval and signature on support letters, the letters are sent back to applicants for use in their application to the State of Ohio
When: Requests for City support letters typically open in February and August each year
Interested? Have questions? For more information, contact: Morgan Rahe, morgan.rahe@cincinnati-oh.gov
Link(s) & Resources
https://choosecincy.com/real-estate-development/lihtc-htc/ https://development ohio gov/community/redevelopment/ohio-historic-preservation-taxcredit-program
Property Assessed Clean Energy (“PACE”) is a ‘green building’ incentive program that provides financing to cover the upfront costs of energy improvements to commercial properties. This specialized tool gives property owners access to additional financing for qualifying energy efficient and renewable energy building improvements by levying a special tax assessment against their property in cooperation with the City of Cincinnati Energy Special Improvement District (“ESID”) managed by the Port of Greater Cincinnati Development Authority. Property owners petition the City to levy the special assessment against their property. DCED is responsible for reviewing the materials submitted by applicants and advancing legislation for PACE assessments to City Council.
Business Owners - ALL
Developers - ALL, Sustainable
Non-Profits - Developers
Why: The goal of PACE is to encourage and incentivize clean energy property investments by businesses and developers
Partners: Ohio PACE, Bricker Graydon, City of Cincinnati Energy Special Improvement District, the Port of Greater Cincinnati Development Authority
How: Interested petitioners should complete an Initial Eligibility Form with Ohio PACE (as outlined out in the OHPACE Brochure found at the link below) to determine if their property and “energy project” is eligible If it is, the petitioner works with an Ohio PACE registered contractor to identify and quantify eligible energy savings improvements, ultimately completing an Energy Project Summary Form, followed by an Energy Project Application -- both of which go to Ohio PACE Ohio PACE works to prepare the required legal documentation, which DCED helps review DCED also collects a PACE Project Intake Form from the petitioner Following final approval from relevant City department, legislation is drafted and sent to City Council Once passed by Council, the City of Cincinnati Energy Special Improvement Board convenes to vote to add the subject property to the ESID, after which petitioners will likely close on financing The special assessment is then added to the eligible property’s tax bill and funding is made available to finance the energy project, allowing installation of the eligible improvements to begin
When: Applications received on a rolling basis throughout the calendar year
Interested? Have questions? For more information, contact: Daniel Jones, daniel jones@cincinnati-oh gov
Link(s) & Resources
https://choosecincy com/real-estate-development/property-assessed-clean-energy/
The City’s preferred method for disposing of land is through a competitive RFP/RFQ process. However, in certain circumstances, DCED will periodically dispose of City-owned property through direct sale instead.
Generally, the direct sale of City-owned property is reserved for unique situations where the City seeks to unlock a specific site for future redevelopment or assist an existing business with expansion
Business Owners - ALL
Developers - ALL, Sustainable
Non-Profits - Developers
Why: The goal of DCED’s Property Sale Assistance program is to strategically unlock key sites for future redevelopment activity and facilitate the retention and expansion of existing City businesses
Partners: City of Cincinnati Department of City Planning & Engagement (“CP&E”) - Real Estate Services Division, City of Cincinnati Department of Buildings & Inspections (“B&I”)
How: Interested parties should submit a completed Financial Assistance Application, found at the link below, to DCED specifying the City-owned property they would like to purchase DCED staff review the application for completeness and can request additional items from the applicant if necessary As a part of this review process, DCED staff circulate a Coordinated Report on the proposed sale and request that the Real Estate Services Division conduct an appraisal of the property to determine its fair market value DCED staff also underwrite any projects that propose rental properties (commercial, mixed-use, multifamily residential) Once the application review is complete, the property is appraised, and the Coordinated Report is circulated, DCED makes a recommendation to the City Manager regarding the project If/when the City Manager approves the direct sale, DCED extends an offer letter/term sheet to the applicant. If the developer accepts the terms, DCED directs them to CP&E to coordinate presenting the sale before the City Planning Commission for approval, and to B&I to take the project through a Coordinated Site Review Simultaneously, the Law department drafts a Property Sale and Development Agreement and accompanying ordinance, which is forwarded to City Council for final review and legislative approval Following the passage of the sale and authorization of the PSDA, the City and the applicant execute the PSDA Once executed, DCED and the applicant enter the sale’s due diligence period, during which the City collects all required due diligence materials DCED and the applicant then coordinate a real estate closing to formalize the property transfer Following this, the applicant may commence construction on their project
When: Financing executed on an ad hoc basis throughout the calendar year.
Interested? Have questions? For more information, contact: Daniel Jones, daniel jones@cincinnati-oh gov
Link(s) & Resources
https://choosecincy com/wp-content/uploads/2024/04/ Financial-Assistance-Application-6 9 22 pdf
To encourage excellence in redevelopment activity across the City, the Department of Community & Economic Development (“DCED”), on behalf of the City of Cincinnati, periodically sells City-owned properties using a Request for Proposals (“RFP”) or Request for Qualifications (“RFQ”) process.
RFPs/RFQs solicit competitive development concepts and plans, returning non-productive property to tax revenue-generating, productive use. DCED typically issues RFQs and RFPs for DCED-controlled sites, but sometimes assists other departments with the procurement of buyers and disposition of land through this program
Business Owners - ALL
Developers - ALL
Contractors
Non-Profits - ALL
Other: Community Councils, Community Development Corporations
Why: RFPs/RFQs target City-owned vacant or under-utilized land parcels, allowing the City to ensure these properties are being brought back to their highest and best use
Partners: City of Cincinnati Office of Procurement
How: The properties selected for an RPF/RFQ are determined based on 1) the volume of inquiries that have been received and 2) the City of Cincinnati’s overall strategic vision. DCED regularly receives inquiries about City-owned properties from various interested parties, including residents, local businesses, community development corporations, and other interested developers. Applicable parties submit their interest in a property through an online form, found at the link below. DCED monitors the accumulated submissions to help identify sites for RFQ/RFP Additionally, DCED identifies sites it considers to be strategic for facilitating continued neighborhood-specific growth and development activity Once a potential site is chosen, DCED staff draft and release an RFQ/RFP, and any party who has indicated their interest in the purchase of the site is invited to submit a response After the RFQ/RFP closes, an internal City committee evaluates responses and makes award recommendations As part of this review, DCED engages stakeholders Following customary site preparation work, the RFP/RFQ may be awarded, or not If it is, DCED staff work with the awardee on the sale process, which includes contracting drafting, community engagement (if applicable), legislative approvals from Council (if applicable), contract execution, and pre-closing due diligence
When: RFQs and RFPs are released on an ad hoc basis The process typically takes at least six months
Interested? Have questions? For more information, contact: Daniel Jones, daniel jones@cincinnati-oh gov
Link(s) & Resources
https://choosecincy.com/availableproperty/ https://cincinnati-oh.bonfirehub.com/portal/?tab=openOpportunities
Greater Cincinnati Microenterprise Initiative
Paired with the MicroCity small business loan program, Greater Cincinnati Microenterprise Initiative (“GCMI”) provides technical assistance to small businesses and microenterprises to assist them in financial planning, loan and grant applications, business coaching and professional connections.
This program applies to only very small businesses of fewer than 5 employees.
Business Owners - Small Businesses
In-House Small Business Technical Assistance
DCED staff connect current and prospective small business owners with resources to help them with business planning, business financing, permitting and ongoing technical assistance.
This is the ongoing work of the DCED small business team who engages partner agencies and peer government organizations to help current and prospective small business owners navigate the environment
Business Owners - Small Businesses
DCED and partners host the Cincinnati Entrepreneur Resource Network: https://startupspace.app/hub/greatercincy to assist in connecting businesses with resources.
DCED also works with the Quality-of-Life division of the City of Cincinnati Law Department to provide more targeted assistance to prospective business owners and permitting requirements for certain types of businesses that may inadvertently not be aware of all City permitting requirements for specialized businesses
DCED has also conducted an RFP to select a vendor to conduct a Small Business Survey with the intent of identifying the gaps in provision of small business services within the region related to the needs of our small businesses
When: Services are provided on a year-round, ongoing basis.
Interested? Have questions? For more information, contact: Eric Denson, eric.denson@cincinnati-oh.gov
Link(s) & Resources
https://choosecincy.com/small-business/ https://startupspace.app/hub/greatercincy
Tax Increment Finance Districts (“District TIFs”) cover an area of up to 300 acres - typically centered on neighborhood business districts or several sites - wherein property taxes corresponding to increased property values contribute to a public improvement fund instead of typical taxing jurisdictions The increment collected in these districts is used for public improvements that benefit or serve that district.
Once a District TIF is established, over time, property values within the District TIF increase or decrease from their original value at the time it was approved If the values increase above the base values, the increased value is captured in the form of TIF revenue This revenue can be used for projects such as roads, streetscapes, public spaces, water & sewer lines, environmental remediation, land acquisition, demolition, housing improvements, parking facilities, stormwater & flood remediation projects, and more
Non-Profits - Developers
Other: Community Councils, Community Development Corporations, Residents
Why: District TIFs can serve as a meaningful way for neighborhoods to collectively benefit from development in the neighborhood They are a valuable tool for revitalization of blighted or underinvested-in areas of Cincinnati, and ensure such neighborhoods remain vital and healthy
Partners: Community Development Corporations
(“CDCs”)
How: TIF Districts are created by the City, with guidance from neighborhood stakeholders on the boundary and plan for public improvements First, a neighborhood requests a District TIF (or the City Administration identifies an area that merits consideration of a District TIF due to public infrastructure or housing needs). Once the area is determined eligible, as defined by the “distress characteristics” set under state law and further research by the City, DCED and the City of Cincinnati's Planning & Engagement Department draw up a proposed boundary DCED engages with community stakeholders, sends notice to all property owners within the boundary, and holds a public hearing Then, legislation to establish a District TIF is passed by City Council, with the County and the School District having the opportunity to object in particular circumstances In terms of collecting and spending District TIF money, revenues are collected by the County and provided to the City to deposit into a specific fund for the District TIF Neighborhoods propose uses of these funds by either submitting requests to the City through DCED or submitting letters of support to Developers seeking the use of funds. Once a project is identified, City Council approves the transfer of the designated amount of funds to the project account; projects are subject to resident input.
When: District TIFs are appropriated to projects on a rolling basis throughout the calendar year
Interested? Have questions? For more information, contact: Greg Koehler, greg koehler@cincinnati-oh gov
Link(s) & Resources
https://choosecincy com/neighborhood-services/tif-districts/
