bond fund

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.