Perseverance includes the renovation of three existing historic buildings and infill construction on one vacant lot at the western 1500 block of Vine Street. 3CDC is partnering with Over-the-Rhine Community Housing (OTRCH) to develop 32 residential apartments – 100% affordable units, available to people making 50-60% of the Area Median Income (AMI) – and five street-level commercial spaces. Perseverance is part of the larger Affordable Housing strategy 3CDC is executing with several partners, and is also the organization’s first development partnership with OTRCH. The commercial portion of the development will be finished to a white box level. This development will provide a huge visible impact to the northern portion of Vine Street south of Liberty Street, and the historic and new construction buildings will also achieve Enterprise Green Communities Certification (renovation) or LEED silver certification (new construction).

Perseverance Ribbon Cutting

DATE: June 17, 2021

TIME: 11:00 a.m.

LOCATION: 1505 Vine Street

SPEAKERS:

Ben Eilerman, Project Manager, OTRCH (Emcee)

Christopher Smitherman, Vice Mayor of Cincinnati

Katie Westbrook, Development Manager, 3CDC

Susan Thomas, Head of Fifth Third Community Development Corporation

Guy Ford, Director of Legislative Affairs, OHFA

Beth Long, Vice President of Development, OCCH

Shanel Freeman, Perseverance Resident

Maurice Wagoner, President, OTRCC