Hamilton County closes $50M budget gap while investing historic $50M in affordable housing

Hamilton County officials celebrated significant financial achievements and community investments during the recent Commissioners Organizational and Regular Meetings. The highlight of the discussions was the county's successful management of a $50 million budget gap without any job losses, a feat that underscores the county's commitment to maintaining a stable workforce while ensuring competitive wages and cost-of-living adjustments for employees.

Commissioners announced a historic $50 million investment in affordable housing, marking the largest commitment of its kind in Hamilton County's history. This initiative aims to support vulnerable populations, including seniors and individuals with disabilities, while also introducing innovative housing solutions like tiny homes.

In addition to housing, the county has allocated $6 billion towards a property tax relief program, which has provided crucial support to residents during challenging economic times. This includes a notable $3 million dedicated to senior home repairs and utility assistance, helping seniors maintain their homes.

The meeting also highlighted ongoing capital improvements, including renovations to the Justice Center and enhanced funding for law enforcement. A significant $20 million investment was made for a regional safety complex, previously known as the gun range in Lincoln Heights, which is set to break ground soon.

Other community-focused initiatives discussed included the launch of the 513 relief bus, which provides mobile health and social services to over 30,000 residents, and the Cincinnati Black Music Walk of Fame, which has attracted over 86,000 tourists.

The county's commitment to small businesses was evident with the establishment of the first Office of Small Business, which has already assisted 2,000 businesses and distributed $17 million in grants. Additionally, a new program aims to increase Black homeownership by partnering with the Port Authority to sell 25% of its homes.

Veterans were also a focal point, with the county hosting its first Veterans Appreciation Day and passing the largest budget for veteran services in its history, demonstrating a strong commitment to supporting those who have served.

These initiatives reflect Hamilton County's proactive approach to addressing community needs while fostering economic growth and stability.