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 ADU Legalization Slow to Catch On
Only four permits have been filed since the city made ‘granny flats’ legal last year.
Cincinnati Bike Share System To Relaunch May 13
The Red Bike system suspended operations in March, but has since raised funds through a private campaign to resume service.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
The Five Most-Changed American Cities
A ranking of population change, home values, and jobs highlights the nation’s most dynamic and most stagnant regions.
San Diego Adopts First Mobility Master Plan
The plan provides a comprehensive framework for making San Diego’s transportation network more multimodal, accessible, and sustainable.
Housing, Supportive Service Providers Brace for Federal Cuts
Organizations that provide housing assistance are tightening their purse strings and making plans for maintaining operations if federal funding dries up.
Op-Ed: Why an Effective Passenger Rail Network Needs Government Involvement
An outdated rail network that privileges freight won’t be fixed by privatizing Amtrak.
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Planning for Universal Design
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New York City School Construction Authority
Village of Glen Ellyn
Central Transportation Planning Staff/Boston Region MPO
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Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions