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Some call affordable housing proposal an important investment. Others call it 'catastrophic' for city's budget Proposed amendment would allocate $50M annually for housing Supporters of the amendment say it would be a major milestone in affordable housing investment, but critics say the amendment would bankrupt the city and limit emergency services. and last updated 2021-04-27 07:06:59-04 CINCINNATI — If you take a drive around Cincinnati you’re likely to pass multiple new housing developments under construction. Some include affordable units, others don’t. And as the new units ...

How would Cincinnati fund $50M affordable housing proposal? Copyright 2021 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. WCPO and last updated 2021-04-27 10:31:02-04 CINCINNATI — Issue Three calls for the city of Cincinnati to allocate $50 million a year to the existing affordable housing trust fund. Where would that money come from? And why $50 million? Josh Spring, executive director of the Greater Cincinnati Homeless Coalition, explained why Issue Three calls for $50 million annually from the city for the affordabl...

Cincinnati promises $35.5 million of public money for affordable housing Share Updated: 4:20 PM EDT Apr 22, 2021 Share Updated: 4:20 PM EDT Apr 22, 2021 A new element has been added to the contentious debate about Issue Three.It is a pledge of tens of millions of dollars from the city of Cincinnati for affordable housing.It comes smack dab in the middle of early voting, as registered city residents decide if they are in favor of the controversial housing issue.On Wednesday, lawmakers unanimously approved $35.5 million of public money for affordable housing.The timing of...