1,555 loans and investments totaling $96.5 million in the district in 2022
Stories from the District
Arco
Cincinnati,
Ohio
Cincinnati Development Fund
CDF provided financing to support the rehabilitation of a historic Masonic Lodge, which had been vacant for 30 years. Renamed ARCO (Arts + Community), the facility is now home to the neighborhood’s youth orchestra, MyCincinnati, as well as its community development corporation, Price Hill Will. It is a popular venue for summer camps, community events and celebrations.
Bethany House is building a new family homeless shelter and comprehensive services center. Consolidating seven buildings into one new facility, Bethany House can provide the best quality shelter accommodations and improve access to a full range of support services for every family served. The new space will allow for expanding onsite service, like medical and mental healthcare, employment services, counseling and educational programs.
Bi-Okoto is a professional African dance company that uses traditional arts to promote cultural awareness. The organization had been leasing a building and renovating it as finances allowed. Having moved three times in 20 years, they wanted the stability of a permanent home. With CDF financing, Bi-Okoto was able to purchase and renovate a building, which enabled them to expand programming and reach a larger audience.
Once an active lumber mill, the 130-year-old Hellmann Lumber building sat vacant for two decades. The Center for Great Neighborhoods (CGN), a community housing development organization, redeveloped the property into offices, community space and artist studios. CGN moved its offices to the site, which anchors an emerging creative district in this historic neighborhood.
OCCH was pleased to invest $10 million into the development of the Cincinnati Scholar House, a proven unique transitional-living program that equips low-income single parents with the support needed to complete a post-secondary degree to improve work opportunities.",Ohio Capital Finance Corporation,929 E McMillan Street,Cincinatti,Ohio,OH01,https://cdfi.org/wp-content/uploads/2025/01/cdfiistories.jpg,Community
Ransdell Living and Learning Center,https://www.occh.org/project/ransdell-living-and-learning-center/,OCCH was pleased to invest $2.1 million into the development of Ransdell Living and Learning Center
To increase its community impact, Cincinnati Shakespeare Company sought to acquire and redevelop a vacant property. CDF’s New Markets Tax Credits helped finance the new 40,000-sf facility, which features a performing arts theater, education center, technical production facility and administrative office space. With this new facility, the company serves more than 65,000 residents through mainstage shows, educational matinees, school tours, free performances in local parks, acting classes and camps.
