Neighborhood Initiatives
OH3C, a place-based development program, created real impact in Ohio neighborhoods
What happens when you bring together four of Ohio’s most active community development financial institutions, ECDI, Cincinnati Development Fund, Ohio Capital Finance Corporation, and Village Capital Corporation, to combat the effects of gentrification through targeted capital investments within Ohio's 3Cs (Cincinnati, Columbus, and Cleveland)?
$3 million in funding from JPMorgan Chase
9 Ohio neighborhoods
235+ affordable housing units
$1.2 million in small business loans and grants
134 small businesses financed
198 jobs created or retained