bond fund

Neighborhood development
3:27 pm
Tue September 18, 2012

Casino revenue could aid Cincinnati neighborhoods

Cincinnati's Economic Development Director is asking Council to use some the expected casino tax revenues to fund business growth in city neighborhoods. 

Odis Jones made a presentation Tuesday to a joint meeting of the Budget and Finance and Strategic Growth Committees. 

Jones is seeking $4 million for what's called a “Focus 52” Bond Pool.

“To provide capital via loans or via direct investment into projects within the neighborhoods that continue to spur investment and job creation,” Jones said.

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