Proposed TIF Funds for 3509 and 3519 Warsaw Avenue Land Purchase in East Price Hill
Background
The East Price Hill Improvement Association (EPHIA) and Price Hill Will have strategically selected two properties along Warsaw Avenue in the East Price Hill business district to rehabilitate. The purpose of this project is to create new affordable housing opportunities and revitalize ground-level storefronts. This project aligns with the goals of the Neighborhood Catalytic Capital Investment Program (NCCIP) and the Neighborhood Business District Improvement Program (NBDIP).
EPHIA and Price Hill Will are jointly proposing a mixed-use development project. They seek $315,000 in Tax Increment Financing (TIF) funds to acquire the properties at 3509 and 3519 Warsaw Avenue. EPHIA’s plan is to transform these buildings into affordable housing with ground-level retail spaces, aiming to revitalize the area and expedite redevelopment efforts in the neighboring block. Currently, the project has secured $300,000, including a $100,000 grant from the Neighborhood Catalytic Capital Investment Program (NCCIP) and an additional $200,000 from the latest Neighborhood Business District Improvement Program NBDIP allocation. The Board of EPHIA has passed a motion and voted in favor of requesting the allocation of TIF funds for the acquisition of these properties. The motion and board support were also presented to the community for approval at the November 20, 2023, General Membership Meeting.
Location of Proposed Project
3509 and 3519 Warsaw Avenue, Cincinnati, OH 45205 (see map below)
Past Public Meetings
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Virtual Community Engagement Meeting | Notice
Tuesday, January 16, 2024 at 4:00 PM
Contact
Jeremiyah Hairston, Community Engagement Specialist
jeremiyah.hairston@cincinnati-oh.gov | (513) 477-5171