We have several programs that help to boost neighborhood development.
- CRA Commercial Tax Abatement Program
The City of Cincinnati offers a tax abatement program to companies and developers building or renovating a residential, commercial, industrial, or mixed-use facility in such cases where the new or renovated facilities will result in job creation.
- CiTiRAMA 2012
This year's CiTiRAMA® will be held at Virginia Place, located in Northside at the intersection of Virginia and Chase avenues. CiTiRAMA® is a partnership between the City of Cincinnati and the Home Builders Assocation of Greater Cincinnati.
- Community Development Corporations
The City provides operating support funds to non-profit Community Development Corporations that provide new housing opportunities in the City.
- Community Housing Development Organizations
A Community Housing Development Organization is a private, nonprofit, community-based organization dedicated to developing affordable housing.
- Neighborhood Stabilization Program
Neighborhood Stabilization Program funds are being used to redevelop foreclosed, abandoned and vacant residential properties.
- Neighborhood Support Program
The City's Neighborhood Support Program provides funding to community councils for neighborhood projects and activities, such as newsletters, membership drives and beautification.
- Real Estate Ambassadors
The Cincinnati Real Estate Ambassadors promote urban living and help increase homeownership in the City of Cincinnati.
- Section 3 Program
Section 3 requires that preference is given to low- and very low-income residents and the businesses that employ them for new employment, training, and contracting opportunities resulting from the HUD-funded project.
- Single-Family Support Fund
The Single-Family Support Fund makes gap financing available to Community Development Corporations with limited capacity so they can quickly produce homeownership units and target spot blight.