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Development News

Cincinnati Neighborhood Wins Major Preservation Award

In 2006, Over-the-Rhine was listed as one of America’s Most Endangered Places by the National Trust for Historic Preservation. Today that very same neighborhood is celebrated as a tale of monumental historic revitalization and revival. That effort was honored yesterday at an awards ceremony in Washington D.C.

At a reception that is part of National Historic Preservation Advocacy Week, representatives from the City of Cincinnati’s Zoning Department, Cincinnati Center City Development Corporation (3CDC) and the Over-the-Rhine Foundation were presented with the “Preservation’s Best” of 2016 award by the group.

The event is sponsored by Preservation Action, American Institute of Architects, National Trust for Historic Preservation, National Trust Community Investment Corporation, Unico, Inc., and Center for Community Progress and aims to highlight significant projects developed through federal incentives such as Historic Tax Credits.

“Through federal incentives like the Historic Tax Credit, historic preservation drives economic development and community revitalization across the nation by taking historically significant buildings that are dated and abandoned and turning them into viable community assets for a 21st century economy.” spokesperson Rob Naylor said in a statement.

On hand from Cincinnati to receive the award was Kevin Pape of the Over-the-Rhine Foundation, Zoning Administrator Matt Shad and Historic Conservator Beth Johnson from the city. West side Congressman Steve Chabot (R) also attended.

Naylor stated that the award, “highlights exemplary Historic Tax Credit projects that revitalize our cities and small towns and breathe new life into our communities. At a time when the future of the Historic Tax Credit is uncertain, these projects help to highlight the impact the program has had in communities across the country.”

Since 1981, federal tax credits have helped save over 377 buildings in Over-the-Rhine for a total of $267 million dollars. Despite losing 50% of its housing stock since the 1930’s the neighborhood is still considered the largest collection of 19th century Italianate architecture in the country and has been regarded  as “the coolest neighborhood in America.

Editors Note: Mr. Yung is a member of the Over-the-Rhine Foundation Board of Trustees.

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Arts & Entertainment Business News

Brewery Event to Tell Neighborhood Development Tale

Craft brewing has taken the nation by storm and as evidence from the Ohio Craft Brewers conference held here in Cincinnati a few weeks ago, the phenomenon shows no sign of slowing down. One factor that has eluded many speculators predictions of “Peak Craft Brew” is the fact that many craft breweries come in different shapes and sizes. Even locally, whereas Rhinegeist and Madtree push for more distribution, smaller scale breweries have opened with the focus on neighborhood Main Streets like Brink Brewing in College Hill.

This trend is the focus of the Congress for New Urbanism’s Midwest Chapters first regional event. Titled, ” The New Neighborhood Brewery,” the event will focus on neighborhood craft breweries and their impacts on building neighborhood revitalization efforts throughout the Cincinnati, Northern Kentucky and Dayton regions.

“We’ve seen the positive impacts craft brewery scene has had on local neighborhoods and we want to get to the heart of what is their formula for success,” said Jocelyn Gibson, the Event Organizing Committee Chair, “Our hope is that this event will spur more communities to consider craft breweries as a tool for neighborhood success”

The event will take place on Friday March 3, starting at 12:20 PM at the Woodward Theater in Over-the-Rhine. It will conclude with a panel discussion and happy hour within viewing of the annual Bockfest Parades march down Main Street. Tickets are $25 a person and can be purchased via CincyTicket.

The event will be feature speakers from the Over-the-Rhine Brewery District, local brewers, real estate experts and neighborhood advocates. It will also provide continuing education credits for the American Planning Association.

The Midwest chapter of the CNU is dedicated towards advancing the issues of revitalizing urban neighborhoods in cities and towns across the region. The organization has three central goals including reclaiming public space for people, reactivating and reconnecting vibrant neighborhoods and championing urban development that is enduring, adaptable and human scaled. The chapter committee is in the process of becoming a regional chapter of the organization spanning from western Pennsylvania to central Indiana and from Lake Erie to Lexington Kentucky.

Woodward Theater is located within a block of Cincy Red Bike, Metro bus routes #17,19,24 and 16. And is two blocks north of the Cincinnati Bell Connector Hanke Exchange Station at 12th and Main.

 

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Development News

Nationwide Housing Shortage Most Dire For Those at the Bottom

For those at the lowest rungs of America’s economic classes, the affordable housing crisis is bad and getting worse. According to a 2011-2013 study released in 2015 from the Urban Institute, not a single county in the United States has an adequate supply of affordable housing for those in extreme poverty. Families classified as extremely low-income (ELI), or those making less than 30 percent of an area’s median household income, have far less options today than in 2000. On average nationally, only 28 affordable units are available for every 100 ELI renter households. That represents a 25% decrease in the years since 2000, when there were 37 affordable units for every 100 ELI households.

In Hamilton County, there are 52,749 ELI households (making $20,600 or less), with only 17,972 affordable units. This amounts to around 34 affordable and adequate units for every 100 households. In 2000, there were 47 units for every 100 ELI renter households. As usual, most of Cincinnati’s peer cities are facing a similar situation for their region’s poorest residents. In Cuyahoga County (Cleveland), there exist only 31 affordable units out of 100 families today, compared with 44 in 2000. In Allegheny County (Pittsburgh), there are 35 units per 100 families today while there were 44 per 100 in 2000.

Since 2000, many rural and suburban counties have joined metropolitan counties in their extremely low numbers of available units per needy households. The change is visibly stark on the Infographic for the State of Ohio, As the Urban Institute notes, the most drastic changes have occurred in the Midwest, South, and West in states like Ohio, Kentucky, Alabama, and Nevada, where comparatively abundant ELI housing availability in 2000 has plummeted.

The last 16 years have also seen ELI families increasingly reliant upon federal assistance for housing. The Great Recession, rising prices in many metropolitan areas, stagnant wages, and lack of development mean that while only 57% of families relied on HUD in 2000, more than 80% do now.

Indeed, while the Urban Institute points out that federal assistance for housing has grown (albeit not enough), they also acknowledge that many in the US Congress frequently call for cuts to federal housing assistance provided through the Department of Housing and Urban Development (HUD). Without this federal assistance, an already-dire situation for ELI families becomes catastrophic. Accounting for a theoretical total cut in federal housing assistance, there would exist only 5 affordable units for every 100 ELI renter household. That amounts to a mere 609,802 units for 11,341,484 ELI households. In Hamilton County specifically, there would be only 10 units for every 100 households. Cuyahoga and Allegheny Counties fair even worse, with only 5 and 3 units per 100 ELI renter households, respectively.

While the nationwide housing crisis has been much-discussed, including on this site, the true scope of the problem is most visible at the bottom of the economic spectrum. The biggest loss in affordable housing for extremely low income families has occurred mostly in unassisted units, highlighting the need for more affordable developments nationwide. Without increased federal assistance, along with more and smarter development across the nation, many will be driven to homelessness and unsafe & overcrowded housing.

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Development News

Sewer Improvements Save Money, Reduce Environmental Impact

Changes are afoot for Cincinnati residents — underfoot, that is.

The Metropolitan Sewer District (MSD) recently unveiled sweeping changes to the region’s sewage system. By optimizing the existing infrastructure’s ability to handle wet weather, newly-installed smart technologies will reduce environmental risk, slash rates, and prolong its life.

“Our smart sewer system is anticipated to save tens of millions of dollars in capital investments in projects to control sewer overflows,” said MSD Director Gerald Checco in the press release. “This is our best chance of reducing spending and ultimately costs for our ratepayers.”

Prior to this announcement, MSD’s reputation had been marred by a string of scandals. Investigations into their financial practices exposed several improprieties and a once-in-a-century storm flooded homes across the county with backed-up sewage.

Illustration of a CSO (City of Cincinnati)

Yet, amid the hoopla, the Mill Creek basin was reaping the benefits of a smart sewer system. A centralized “brain” tracked flow rates throughout the system. New sensors and gates diverted excess storm runoff into larger pipes or other areas that weren’t full. “The ability to have a view of our entire system in real time really helps us to respond quicker to things because it raises that awareness,” said Missy Gatterdam, head of MSD’s watershed operations division, in an interview with UrbanCincy.

Outside this basin, MSD’s pipes empty into nearby streams or rivers, a process called a Combined Sewer Overflow (CSO). CSOs are legal, but they can damage the environment. Sewers combine domestic, commercial, and industrial runoff with storm runoff. On dry days, this is not a problem. Toxic wastes migrate to a treatment facility.

On particularly rainy days, however, the pipes can’t handle all of the waste and water and must dump these undesirables into the ecosystem. (Here is a video MSD made to help explain the process.)

Untreated water isn’t just disgusting; it’s also deadly. An Environmental Protection Agency report to Congress in 2001 says bacteria found in untreated waters can cause gastric disorders, typhoid, and even cholera. Thankfully, MSD’s smart system will reduces the 11.5 billion gallons of runoff and waste overflow that wind up in the region’s waterways every year.

Gatterdam remarked that the original plan was to rollout the technology to the Muddy Creek and the Little Miami River basins this year, but budget cuts by the county have halted any expansion.

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Development News

New Development Adds Affordable Housing, Restaurant to Over-the-Rhine

Another development is coming to the Brewery District. The Historic Conservation Board approved a zoning variance that will bring fifty affordable housing units and a restaurant to several vacant buildings along the streetcar line.

Affordable housing in Over-the-Rhine (OTR) has received a lot of press recently. Freeport Row, the newly-christened Source 3 development at Liberty and Elm, was heavily criticized because it lacked any affordable housing. Most recent development has been market-rate or luxury apartments, despite the fact that OTR’s average median income was $14,517 in the 2010 census.

The fears aren’t unfounded; the neighborhood has lost affordable housing. Xavier Community Business Institute determined that OTR and Pendleton have lost 2,300 affordable housing units since 2002. This project — called Abington Flats — will help replenish that stock. Three different companies banded together to create Abington: 3CDC, Model Group, and Cornerstone Corporation Renter Equity. 3CDC is developing the commercial space, while the other two control the residential space. This project is part of a larger effort by the team to develop hundreds of affordable units in OTR.

Abington Flats consists of five buildings, the largest of which is 33 Green Street. Built in 1910, the four-story building features a commercial space on the ground floor with three floors of residential apartments above. Model Group Senior Project Manager Jennifer Walke said that all five buildings need “substantial rehab.” 33 Green Street will be 100 percent ADA accessible. The team is shooting for LEED Silver certification.

In an email to UrbanCincy, 3CDC Communications Manager Joe Rudemiller said that, depending on future tenants’ needs, there will be up to four retail or office space and up to two restaurants or bars.

Finding a restaurant or bar will be key to the project’s long-term financial viability. Tax credits fund a building’s development and construction; they don’t cover operating costs. Rent from below market-rate units might not cover its full cost. Rent paid by commercial tenants offsets this difference.

This is why investors rarely back affordable housing projects. It’s hard to profit. Plus, tenants with less financial security pose a greater risk to the owners. Cornerstone’s shared equity program strives to overcome this trend. Tenants can earn equity through timely rent payments and property maintenance. Build up enough equity and — after five years — it becomes cash. Abington Flats will use their system.

Total costs hover around $17 million — $13.8 million for the residential portion and $3 million for the commercial space. Several subsidies fueled the development, including Federal and State Historic Tax Credits and Low-Income Housing Tax Credits.