|  | NEWS FROM THE PORTEdition No. 14 | August 2023 | Hamilton County and Cincinnati Development Fund Support Multiple Port Affordable Housing Projects |  | A CARE Home - 3107 W. Eighth before and after renovation by The Port and contractor Eduoard Tende, Zoe Consulting. | In June, Hamilton County and the Cincinnati Development Fund (CDF) announced the initial recipients of American Rescue Plan Act (ARPA) funding for affordable housing projects across the region.
The funding, dedicated to creating new and preserving existing affordable housing, aims to tackle the deficit of available affordable housing units, estimated by the Department of Housing and Urban Development (HUD) to be roughly 30,000 county-wide.
Three projects led by The Port and its managed entities, the Hamilton County Landbank and Homesteading and Urban Redevelopment Corporation (HURC), were awarded funding, including: The CARE (Creating Affordable Real Estate) Homes Initiative - $870,000 in funding to support the rehab of 29 single-family homes in multiple communities, including Springfield Township, Reading, Mt. Healthy, Lockland, Cheviot, and Colerain Township Lincoln Heights Development Phase Two - $200,000 in funding to support the construction of four new single-family homes in the Village of Lincoln Heights Sedamsville Redevelopment - $850,000 in funding to support the rehab of 17 single-family homes in Sedamsville
This funding represents a major investment in the future of Hamilton County and we look forward to contributing to the creation of affordable homeownership opportunities, home by home and block by block.
| Disrupting Predatory Investing |  | This summer, U.S. Senator Sherrod Brown shed light on his proposed legislation, the Stop Predatory Investing Act, at one of The Port’s CARE Homes.
Joined by Mayor Aftab Pureval, Vice Mayor Jan-Michele Lemon Kearney, President and CEO of Warsaw Federal Savings and Loan Robie Suggs, and The Port’s Bill Fischer, the event highlighted the threat out-of-town investors pose by buying single-family homes in bulk and renting them out for profit, and what efforts can be taken to disrupt the trend. Thanks to all involved for your leadership on this issue! |
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|  | Remediating Environmental Hazards | In July, Todd Castellini, The Port’s Senior Vice President of Public Finance and Capital Strategy, joined Mayor Aftab Pureval, City Manager Sheryl Long, State Representative Dani Isaacsohn, Howard Miller of the Office of Environment and Sustainability, and Millvale resident Anthony Smith, to celebrate the contributions of several agencies to clean up the Beekman and Spring Grove Corridors.
In May, The Port and the City of Cincinnati were announced as recipients of a Multipurpose, Assessment, Revolving Loan Fund, and Cleanup (MARC) Grant from the U.S. Environmental Protection Agency (EPA).
These dollars, paired with investments from the Ohio Department of Development (ODOD) and the City of Cincinnati, will assist The Port and community partners in abating toxic environmental hazards in the neighborhood and begin bringing these unproductive properties back to their highest use. |
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| |  | Join us at the Black Developers Conference | The Port, in partnership with The City of Cincinnati, Cincinnati Development Fund, and the Greater Cincinnati Realtist Association, will be hosting Cincinnati’s Inaugural Black Developers Conference September 7-8, 2023.
Kicking off the evening of September 7 with a fireside chat, the conference is positioned to foster new public-private partnerships and project collaboration, bridging minority business and development opportunities. There will be three pathway tracks for attendees to choose from: emerging developers, financing conversations, and growth strategies.
The keynote address will feature updates on major development initiatives, including the Brent Spence Bridge overhaul, Western Hills Viaduct replacement, the Convention Center District, and the Bus Rapid Transit Infrastructure update. The event is free to attend. Registration and further details can be found here: https://blackdevelopersconference23.sched.com/
| |  | Port Shorts: Ohio Department of Development | Cincinnati has a deep industrial heritage. With that heritage comes a legacy of industrial buildings that have been abandoned or otherwise underutilized for an extended period of time. Learn about the opportunity The Port and our partners have to prepare them for new use through this Port Short. | | | Employee Spotlight - Yasmin Chilton, Public Relations and Communications Manager | | Yasmin Chilton joined The Port as Public Relations and Communications Manager in January 2022. Her primary responsibilities include media relations, social media management, and video production to help shape and highlight stories of The Port’s impact on the Greater Cincinnati region. Additionally, she assists in government and community affairs initiatives, as well as event planning and management. |
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| Prior to joining The Port, Yasmin spent five years serving in Mayor John Cranley’s administration, leading public affairs and communications. Yasmin holds a bachelor’s degree in communications, graduating magna cum laude from the University of Cincinnati (UC). She also has a public relations certificate and a master’s degree in communications from UC. | “For me, the best part about working at The Port is the opportunity to engage in a continuous cycle of learning. There is not a day I show up to work and don’t learn something new about the real estate industry, my colleagues, or projects within the managed entities/business lines. As a storyteller, it makes my job fulfilling, as there is always something I get to inform others about on social media, in a press release, or my newest lane, videography. My inquisitive nature receives a lot of nurturing at The Port.” | | | | Jobs families can live on. Homes they can afford. Cleaner, greener, safer neighborhoods and business districts.
We strengthen Greater Cincinnati communities home by home and block by block to increase access to homeownership. We surround neighborhoods and homeowners with revitalized business districts. We make forgotten industrial sites attractive again for advanced manufacturers with high-paying jobs.
We make real estate work... for everyone. | |
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