April Bi-Monthly Newsletter

From discussing the merits of a Green Bank in Hamilton County to the retirement of one of Cincinnati’s biggest advocates, we’re excited to share updates from the last two months at The Port.

 

NEWS FROM THE PORT

Edition No. 18 | April 2024

Can a Green Bank be Effective in Hamilton County?

In early March, The Port and its partners hosted a forum to discuss establishing a Green Bank to raise and deploy funding for local, sustainable development. A Green Bank is a mission-driven financial institution that aims to accelerate clean energy investment through public policy, technical assistance, grants, and incentives. Green Banks have recently gained notoriety because of the Biden Administration’s $27 billion investment in a Greenhouse Gas Reduction Fund to combat climate change and promote economic competitiveness.

 

The event, a collaborative effort hosted by The Port, Donovan Energy, the City of Cincinnati, Hamilton County, the Cincinnati Business Committee, the Cincinnati Regional Business Committee, and the Cincinnati Development Fund, brought together more than 125 local and national experts in clean energy finance, affordable housing, and community development. Attendees learned about successful clean energy programs nationwide, including in Cleveland and Columbus, and explored ways to scale green energy investment in our region. The potential establishment of a local Green Bank could lead to more equitable development, more environmentally-friendly households, and more jobs, painting a promising future for our community,

 

Next steps include developing local programs to promote sustainable development throughout the county. Stay tuned for future updates!

HomeBase Awards

In February, The Port’s team attended the HomeBase Cincinnati Annual Awards Celebration. Among the many impactful projects recognized, we were proud to be awarded the “Most Outstanding Collaborating Neighborhood CDC/CBO” award with our partners Seven Hills Neighborhood Houses (SHNH) and Habitat for Humanity of Greater Cincinnati for the Baymiller Rowhomes project in the West End. Following stabilization of six historic rowhouses by the Landbank, three of the homes were transferred to SHNH and Habitat for redevelopment to provide affordable housing options, identified as a critical need in the West End Housing Study. From acquisition, stabilization, and through construction, this project exemplifies the importance of collaboration to begin reinvesting in our neighborhoods. Congratulations to all the award winners and nominees working to improve our neighborhoods!

The Port’s Philip Denning Talks Infill Development at Ohio’s Annual Land Bank Conference

Speaking to a near-capacity crowd, The Port’s Executive Vice President Philip Denning shared his development expertise at this year’s Ohio Land Bank Association Conference in Akron. In a session titled “Pre-Approved Building Plans to Promote Infill Development,” Denning offered his evaluation of how programs like these pre-approved plans could be beneficial to cities around the Buckeye State to promote more affordable housing. Later, representatives from the Greater Ohio Policy Center and the Michigan Association of Land Banks joined Philip for a panel discussion.

Employee Spotlight – Anna Ausman
Senior Associate and OSBA Certified Paralegal

“What I love most about working at The Port is watching my legal skill sets support Port programming that revitalize and strengthen neighborhoods and increase homeownership opportunities within the City of Cincinnati and Hamilton County. It feels good knowing that my daily efforts impact local families so positively.”