affordable housing

Cincinnati officials are gearing up to propose major changes to zoning. Monday is the first of five public meetings to hear from residents about what that land use reform should look like.

Housing tax credits and rental assistance are impacted.

A law Ohio Gov. Mike DeWine recently signed could mean less funding and increased costs for affordable housing developments, and could make millions of dollars in rent assistance impossible to distribute.

The change prevents a project from receiving both Low Income Housing Tax Credits and Historic Tax Credits. Ben Eilerman with Over-the-Rhine Community Housing says the law even seems to be retroactive, meaning some projects will have to return tax credits already awarded.

Ohio lawmakers approved hundreds of changes to state law on the last day of the lame-duck session, including one that local developers say will be disastrous for housing projects.

Hamilton County commissioners plan to spend $33.5 million as gap financing for affordable housing. The board is set to vote Thursday on a contract with the Cincinnati Development Fund, the same nonprofit lending group managing Cincinnati’s Affordable Housing Trust Fund.

A new housing project in Over-the-Rhine for people experiencing homelessness is all but finalized after a council committee vote Tuesday. The project has garnered both intense opposition and support from residents and businesses.

A lengthy debate in a council committee Tuesday resulted in a compromise over the Affordable Housing Trust Fund, but not one most advocates are pleased with.

Federal low income housing tax credits fund most subsidized housing. But they haven't increased at the same rate building costs and interest rates have — meaning fewer affordable units coming online.

The Cincinnati Planning Commission voted Friday to approve a density variance for a permanent supportive housing project in Over-the-Rhine. The project has been met with both resistance and support.