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.
Cincinnati officials and a number of groups are launching a plan to redevelop the city's Evanston neighborhood.
They say decades of population loss have left the area in decline.
The neighborhood has experienced 300 foreclosures since 2006 and there are more than 200 vacant or abandoned buildings.
The strategy will focus on the Woodburn Avenue corridor between Xavier University and DeSales Corner, and includes the area near Walnut Hills High School.
Elizabeth Blume with the Community Building Institute said one goal of the program is to target blight.
Mark Perzel shares a few minutes with Ensemble Theatre of Cincinnati’s Artistic Director D. Lynn Meyers talking not just about their upcoming season, but the current renaissance in the theater’s Over the Rhine neighborhood.
Cincinnati officials are studying a plan to make it quieter for some residents who live in neighborhoods with a lot of train traffic.
Train engineers are required to blow their horns one-quarter mile before each roadway crossing.
It’s the same pattern each time, two long blasts, followed by a short and then another long one.
Since sound travels, some residents hear it a lot especially when there are several crossings located close together.