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.
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.
Cincinnati School District Shifts Students to Public Transit to Cut Costs
Over 10,000 Cincinnati Public Schools students already use public buses for school transportation each year.
Cincinnati ADU Legalization Slow to Catch On
Only four permits have been filed since the city made ‘granny flats’ legal last year.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.
Defunct Pittsburgh Power Plant to Become Residential Tower
A decommissioned steam heat plant will be redeveloped into almost 100 affordable housing units.
Trump Prompts Restructuring of Transportation Research Board in “Unprecedented Overreach”
The TRB has eliminated more than half of its committees including those focused on climate, equity, and cities.
Amtrak Rolls Out New Orleans to Alabama “Mardi Gras” Train
The new service will operate morning and evening departures between Mobile and New Orleans.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
JM Goldson LLC
Custer County Colorado
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont