13 Projects Recommended For NBD Funding
13 Projects Recommended For Neighborhood Business District Funding
$1.65M Allocated After Competitive Review Process
The City of Cincinnati Economic Development Division and Cincinnati Neighborhood Business Districts United (CNBDU) are endorsing 13 proposals for Neighborhood Business District Improvement Program (NBDIP) funding awards in 2013:
|Walnut Hills||Park-Kemper Streetscape Design||$30,000|
|West Price Hill||Covedale Center Marquee/Community Message Board||$79,145|
|Roselawn||Business District Feasibility Study||$30,000|
|Clifton||Ludlow Avenue Storefront Improvement Program||$77,500|
|Westwood||Parking Lot Renovation||$30,000|
|Northside||Hoffner St. Garden||$80,000|
|Corryville||Façade Improvement Program (Continuation)||$236,397|
|Bond Hill||Bond Hill Identity Project||$30,000|
|East Price Hill||St. Lawrence Corner Public Square||$107,500|
|Pleasant Ridge||6025 Montgomery Acquisition & Redevelopment||$150,000|
|Avondale||Reading, Rockdale & Forest Streetscape||$400,000|
|Mt. Adams||Streetscape Completion||$375,000|
"Thriving neighborhood business districts will not only provide a high quality of life for current residents -- they're also key to attracting new residents," said Odis Jones, Economic Development Director. "The NBDIP process reaffirms our commitment to strategically investing in neighborhoods to grow the city and the local economy."
Awarded annually, funds from the NBDIP can be used for a variety of capital improvements and other uses to promote economic development in officially recognized neighborhood business districts. The projects are implemented in partnerships between City staff and community volunteers.
At the end of an intensive peer-review process, member communities of Cincinnati Neighborhood Business Districts United submitted rankings of their fellow members’ proposals.
In this year’s competitive funding round, Economic Development Division received 29 applications requesting a total of $3.1 million. The Economic Development Division is anticipating having a total of roughly $1.65 million in federal Community Development Block Grant funds and Capital Investment Program funds available in 2013, which would allow the top 13 applications to be funded.
This funding is in addition to the Administration's recommendation for the Focus 52 program, which will create a pool of $54 million for neighborhood projects throughout the city.
Cincinnati City Council will make the final decisions when it sets the Consolidated Plan and Capital Investment Program budgets for the 2013 fiscal year.