KINGSLEY + CO.

CDF’s Affordable Housing Leverage Fund (AHLF) is pleased to announce 12 awards totaling $11.2 million to development projects committed to producing or preserving 357 affordable housing units in Cincinnati. 85% of the units serve Cincinnatians earning 60% AMI and below. The projects are located in 8 different neighborhoods and range significantly in size of developer and unit count. CDF manages AHLF on behalf of multiple funders, including the City of Cincinnati and Hamilton County, to make investments in critical affordable housing projects. This round of awards illustrates the AHLF’s role in deploying multiple funding sources together, which advances the strategic goals of leveraging other funds, bringing affordability to high-investment areas, and growing the developer pool. We are grateful to our financing and developer partners for their commitments to bringing much-needed affordable housing to Cincinnati. See the complete list of projects on our website.

🏠 🏠 🎉 🎉 🎉 New project announcement 🎉 🎉 🎉 🏠 🏠 "The Mingo” 🏠 🏠 Cincinnati’s City Council approved a zone change for 3060 Durrell Ave -a rare 4.5 acre site in the heart of Evanston. Transit-oriented and close to the Anchor District, University of Cincinnati and Xavier University, The Mingo will be a 240-unit mixed-income housing development honoring Pastor Peterson and Regina Mingo who inspire us all. Pastor Mingo's dedication to Evanston's youth, tireless work as an anti-violence activist, and his unwavering faith makes Pastor Mingo the kind of person we all strive to be. I'm grateful to know him and collaborate on The Mingo project – a project fueled by his vision for a stronger Evanston and a better Cincinnati.   The Mingo addresses the crucial need for housing in Evanston as highlighted in the recent Cincinnati USA Regional Chamber March 25th report: ·        Shrinking Housing Supply: Evanston lost 334 housing units (8.3%) from 2010 to 2020. ·        Rising Occupancy Rates: Evanston occupancy rates jumped 5.8%, indicating a constrained housing supply.  ·        Soaring Housing Costs: The typical home value in Evanston increased by a staggering 651.5% – the highest increase of any Cincinnati neighborhood. Source: https://lnkd.in/gEF6tspp The Mingo will help bridge this gap by providing diverse housing options to various income levels, ensuring Evanston remains a vibrant and inclusive community with more opportunities for people to call the historic neighborhood home.    Thank you to  Pastor Mingo, the entire Christ Temple Baptist Congregation and countless others: Development Manager Daniel B. and Business Ops Rebecca Walker our development and tax attorney Sonya Jindal Tork of Taft Stettinius & Hollister LLP, george berardi, Joe Berardi, Berardi + Partners, LLC. , City of Cincinnati Planning Department and Jesse Urbancsik, Mayor Aftab Pureval and many more who work tirelessly to make a positive impact and bring projects like The Mingo to life.

This has been a fun one to watch go up! A fun collaboration with Chinedum K. Ndukwe down on Victory Parkway. Our team just wrapped up the Drain, waste and vent system. Time to start installing the water pipe! Don’t forget to call us for all your commercial, residential or service plumbing needs 513-353-2230 #WFP #plumbing #Trades #jobs #plumbinglife