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Port outlines single‑family work, land bank purchases and home‑repair programs across city neighborhoods
Summary
The Port presented a citywide update on single‑family housing activity — including a 194‑house acquired portfolio, neighborhood new‑builds and homeowner repair grants — and highlighted contractor inclusion and pilot programs for solar and modular construction.
The Port of Greater Cincinnati provided the Equitable Growth and Housing Committee an update on single‑family housing and land bank activity, detailing acquisitions, renovations, sales and homeowner repair programs across multiple neighborhoods.
Phil Denning, speaking for the Port, said the agency and its managed entities have built and sold roughly 210 houses in the city over the last eight years and now manage a 194‑house portfolio acquired three years ago (the CARE portfolio). Denning said 60 of those houses were vacant at acquisition; to date the Port has sold 47 from the portfolio at an average sale price “just under $150,000.” He described acquisition and renovation work to stabilize units and tenants, with targeted assistance (rent forgiveness and repairs) provided to…
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