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Cincinnati Council recently heard from experts on the best way to incentivize affordable housing. The discussion offers a sneak peek at the policies likely to be debated this year.
Cincinnati's Affordable Housing Trust Fund was established in 2018 and has never been used for its intended purpose: to incentivize the preservation and production of affordable housing through loans and grants. But that's changing.
Cerita Battles, a managing director with JPMorgan Chase, has been named chair of the National Association of Hispanic Real Estate Professionals’ corporate board of governors. She has been active in the mortgage industry for 25 years.
Council unanimously approved Mayor Aftab Pureval's plan to use excess revenue at the end of each fiscal year for the city's Affordable Housing Trust Fund. Officials estimate it will add about $1 million annually for the next couple of years.