A year after Ohio community development groups received $0 in New Market Tax Credits for the first time ever, the Cincinnati Center City Development Corp. is ready to declare the end of the funding drought.
"Two Cincinnati economic development agencies have received federal tax credits totaling more than $87 million," reports Tom Demoropolis.
"Cincinnati Development Fund and Cincinnati New Markets Fund, the private equity fund operated by Cincinnati Center City Development Corp. (3CDC), were awarded $42.35 million and $45 million, respectively, through the U.S. Treasury Department’s Community Financial Development Institution’s New Market Tax Credit program."
Last year, the state of Ohio received no New Markets Tax Credits for the first time ever. What a difference a year makes.
Read the full story: 3CDC official: Funding 'drought' is over
Comeback Story: Cincinnati's Over-the-Rhine
A Cincinnati neighborhood once described by Reason magazine as "ground zero in inner-city decline" has recovered to the tune of $500 million in investments over the past decade.
Three agencies expanding on-demand transit
Multiple states across America increasing access to flexible public transportation.
Cincinnati upzoning plan paves way for revitalized waterfront district
The city hopes to kickstart new development on five vacant lots in the riverfront entertainment district.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
‘Going backwards:’ Baltimore mayor, students rally against state's transit funding plan
Maryland's proposed six-year plan provides no funding for Baltimore’s BMORE bus program and reduces its road maintenance funding.
Detroit to transform waterfront with $2.2 billion investment
Developers will convert about 18 acres of unused parking lot space into civic spaces.
HUD modernizes 50-year-old manufactured housing framework
The Next Generation Manufactured Housing Action Plan establishes new energy-efficiency standards for manufactured homes, and new guidelines for anchoring them.
New CA housing laws tear down development red tape
Recently-signed legislation makes building starter homes and ADUs cheaper and faster in California.
Metrolink finishes first expansion in 20 years
The transit agency is now one of very few in the United States to connect two major airports.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
One Hundred Miles
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University of Cincinnati Online
Montrose County
Northern Illinois Transit Authority (NITA)
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