Cincinnati, OH, December 3, 2020 – FC Cincinnati has made a $200,000 donation to The Port of Greater Cincinnati Development Authority (The Port) for the future development and/or support of affordable housing initiatives in the West End. Affordable housing development will be done in partnership with Seven Hills Neighborhood Houses.
This contribution brings FC Cincinnati’s total investment in housing-related initiatives in the West End to $450,000, including:
- $100,000 to Seven Hills Neighborhood Houses for emergency housing assistance
- $150,000 to The Port for a housing study and outreach to assess the current state of home ownership, rentals and condition of housing in the neighborhood (the completed study can be viewed here: https://www.cincinnatiport.org/wp-content/uploads/CincinnatiWestEnd_HousingStudy_FinalReport_091019_small.pdf
- $200,000 to The Port for affordable housing development
“Our goal has always been to be a good neighbor which is why we continue to support affordable housing initiatives in the West End. I applaud the work of Seven Hills Neighborhood Houses and The Port in the West End and we are pleased to support initiatives for equitable development,” said Jeff Berding, President, FC Cincinnati.
“We have said from the start affordable housing must be a part of the growth in the West End,” said Laura N. Brunner, President and CEO of The Port. “This additional funding from FC Cincinnati allows The Port, in collaboration with Seven Hills Neighborhood Houses and neighborhood stakeholders, to deliver on our efforts to build thriving neighborhoods with a range of housing options to benefit the entire community,” Brunner continued.
In 2018, the West End became a focus neighborhood for The Port. Through its role in financing the FC Cincinnati stadium, the Port works with the West End’s community development corporation (CDC), Seven Hills Neighborhood Houses, on equitable development.
“Seven Hills Neighborhood Houses is pleased to partner with the Port and FCC to ensure affordable housing remains in the West End,” said Alexis Kidd, Executive Director of Seven Hills Neighborhood Houses, Inc. “This effort will require greater synergy and investment, but this is definitely a great start from two great partners. We welcome other investors to join with us in preserving opportunities for all in the West End.”