Presentation at 2016 Summit

1. 1
Neighborhood Summit 2016
Going Big - Scaling Neighborhood Revitalization for
Big Impact
Darin Hall
Executive Vice President
March 12, 2016

2. 2 Presentation Overview
• Port Authority Introduction
• Hamilton County Land Reutilization Corporation (Landbank)
• Homesteading & Urban Redevelopment Corporation
• Neighborhood Revitalization
• Targeted Neighborhood Approach
• Landbank Partner Programs
• Overall Impact

3. 3 PortAuthority Board

4. 4 PortAuthority Staff

5. 5
Mission: Return Vacant Properties to Productive Use
through the tools statutorily provided to the HCLRC and by leveraging the
resources of the HCLRC’s executive arm, the Port Authority.
Landbank
• Incorporated in 2011 by the County Treasurer
• Managed by the Port Authority
• HCLRC Remains an Independent Entity
• Funding: 5% DTAC

6. 6 Homesteading & Urban Redevelopment Corporation
• Founded in 1976 to rehab homes in the Cincinnati Region
• Over 700 houses rehabbed to date
• Now managed by the Port as of May, 2015
• Regional contact for the National Community Stabilization Trust
(NCST)
• First-look and access on foreclosed properties held by
National lenders

7. 7 Port Vision 2022: Transform to Prosperity
Board-Driven Plan: By 2022, our success in repositioning undervalued properties and
re-building neighborhoods will transform the Cincinnati region.
Previous
Neighborhood RevitalizationIndustrial Revitalization Public Finance Practice
Goal: Transform communities for
lasting impact, including
residential properties and
commercial business districts
Strategy: Work with target
communities to return vacant,
blighted properties to productive
use for neighborhood
transformation and attraction of
residents
Goal: Redevelopment of
underutilized industrial land
along key transportation
corridors
Strategy: Repurpose existing
urban industrial zones within
transportation corridors to
position replacement industries
where legacy losses have been
greatest
Goal: Cultivate a nationally-
recognized public finance
program that supports
economic and community
development efforts
Strategy: Develop and provide
public finance tools to support
private for- and non-profit
entities seeking to develop
property in Hamilton County,
Ohio
Previous
Strategies for Success:

8. 8
Neighborhood Revitalization

9. 9 Strategic Initiative 2022 – Neighborhoods
Goal:
Accelerate our work to address 1 new neighborhood
every year within the next ten years- each with a ten year
investment commitment
Result:
Revitalized Housing Markets
Revived Business Districts
Prospering Neighborhoods

10. 10 Collaborative and ComprehensiveApproach
 Community Seeks Our Assistance
 High Core Blight Indicators
 Forfeited Land, Tax Delinquency, Foreclosure, Code Violations
 Lead Organization With Capacity
 Anchor Institutions
 Established Community Housing Plan
 Private DevelopersActive in Neighborhood
 Each Plan Should Reflect the Neighborhood’s Needs and Desires

11. 11 Landbank Toolkit
 Acquire Property
 Donation
 Forfeited Land
 Tax Foreclosure
 Code Violation
 Foreclose Demolition/
Stabilization Lien
 Hold Property
 Hold Properties Tax Free
 Expedition of Clear Title
 Economies of Scale
(Maintenance/Insurance)
 Dispose Property
 Landbank Programs
 NIP Demolition
 Develop Reuse/
Redevelopment Strategies
 Leverage Partnerships
 City and County
 Private, Non-Profit
 CDC Network
 Development Community
1
2
3
4

12. 12
Targeted Neighborhood Investment Strategy – Bond Hill /
Roselawn

13. 13 Bond Hill / Roselawn
Opportunity
• Reposition Commercial Environment
• Focus on Neighborhood Business District
• Build Capacity and Leadership

14. 14 Commercial Redevelopment

15. 15 Bond Hill Business District

16. 16 Bond Hill Timeline

17. 17
Targeted Neighborhood Investment Strategy -- Evanston

18. 18 Evanston
Opportunity
 Reinvigorate Housing Market - REACH
 Evanston Working Group/Community Council
 Partner with Anchor Institutions
 Walnut Hills High School
 Xavier University
 Leverage State and City Dollars
 Moving Ohio Forward Grant Dollars
 City of Cincinnati TIF Dollars

19. 19
3351 Woodburn

20. 20 3351 WoodburnAvenue
Before
After
After

21. 21
Woodburn Homes

22. 22 Economic Inclusion
Project Type % MBE % WBE % SBE Comments
HCLRC (Landbank) 26% 24% 54% Includes demolition of
housing and stabilization
Aspirational Goal 25% 7% 30%

23. 23 Workforce Development – Lawn Life
Site Work at REACH Model House

24. 24 Workforce Development - Building Value
• Since 2013, they have deconstructed/demolished 14
houses for the Port Authority and
• 44 full structure deconstructions overall
24

25. 25 Results Thus Far
Sales Prices To Date
– $79,900
– $99,900
– $119,900
– $142,900
– $174,900
– $179,900
– $185,000
– $189,900
– $214,900
– $224,900
Number Properties owned 35
Number Sold 12
Number listed 2

26. 26
Targeted Neighborhood Investment Strategy –Walnut Hills
You’re Next

27. 27 Walnut Hills

28. 28
Landbank Partner Programs

29. 29
Mission: Return Vacant Properties to Productive Use
Landbank

30. 30 Lot-to-Yard
• Eligible: Owner-occupants interested in acquiring
residential vacant land adjacent to their home.
• Not Eligible: Owners of Adjacent Rental Property
4363 Eastern - Demolition Becomes New Yard Space

31. 31 Gardens and Greens
Eligible:
Interested parties with redevelopment plan and demonstrated
ability to maintain the property as green space.

32. 32 Single Family Home Redevelopment
• This program returns underutilized, residential
properties to productive use through sale to interested
parties for redevelopment.
5704 Adelphi - Empty Lot Becomes New Home

33. 33 Multi-Unit/Multi-Property/Commercial
• This program focuses on projects involving the
development of multiple units, multiple properties, or
commercial properties.
1702 Central Parkway - Vacant Building Gets Remodeled

34. 34 Historic Structure Stabilization
The Landbank assists in stabilizing important, vacant
historic buildings in order to preserve these structures for
future re-use and redevelopment

35. 35 Neighborhood Initiative Program (NIP)
The Landbank has been awarded approximately $5
millions in residential demolition funding by the State
of Ohio. In order to qualify for reimbursement under
the program, each property must be owned by the
Landbank at the time of demolition.

36. 36
Overall Impact

37. 37 Overall Impact
TARGETED NEIGHBORHOOD INVESTMENT
LANDBANK PARTNER PROGRAMS
ECONOMIC DEVELOPMENT
QUALITY HOUSING
COMMUNITY BUILDING
BLIGHT REMOVAL
SAFETY
NEIGHBORHOODS
INCLUSION
WORKFORCE DEVELOPMENT
SUSTAINABILITY
VIBRANT BUSINESSES
JOBS

38. 38
Port of Greater Cincinnati Development Authority
3 E. Fourth Street, Suite 300
Cincinnati, OH 45202
www.cincinnatiport.org
(513) 621-3000
@PGCDA
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