As you know the pandemic has caused many changes for businesses and families across the country and it has definitely hit home. Providing housing is what Cincinnati Metropolitan Housing Authority does and we have taken some bold moves that support Hamilton County families. We initiated an incentive program to encourage more property owner participation in the Housing Choice Voucher Program (HCV). This will mean more quality affordable housing options for families seeking homes in the private rental market. New and current property owners that sign a contract through HCV between now and November 30, 2020, or until the funds are depleted, could get a signing bonus up to $1200. Funding for this incentive program was secured through the CARES Act. In addition, anyone with a voucher originally set to expire earlier in the pandemic can get an extension through August 31, 2020. Therefore giving them more time to complete a housing search in a community of their choice.
In another move to keep families housed, CMHA extended the moratorium on evictions past the HUD deadline of July 25, 2020 until September 1, 2020. However the extension does not mean families are not responsible for paying their rent, it means
CMHA will not file an eviction in court for non-payment of rent. Therefore allowing families to take advantage of locally developed resources that provide rent and utility assistance so they can make payments. It also gives them time to submit income changes to their management office so adjustments can be made. We continually strive to provide gold standard customer service to all of our clients and these bold moves do that
and strengthen the community by supporting families in need of affordable housing. As Dr. Martin Luther King, Jr. said,
"The time is always right to do the right thing."
Cincinnati Metropolitan Housing Authority also goes beyond housing by making an economic impact in the community. We have been diligently working on the
Billion dollar transformation plan that will preserve current and provide new affordable housing for thousands of Hamilton County families. We are excited about the opportunity to renovate units and provide every resident a chance to live in upgraded housing in the communities they desire. Several organizations have been interested in sharing our story of transformation and now is the time to talk because we are moving forward. So the agency is communicating and educating the community more as well as creating partnerships that uplift families who live at our sites and businesses that work with our agency. The ability to leverage funds with stable sources is key to building more affordable housing while also providing economic opportunities for minority-owned, women-owned and section 3 businesses. Please take the time to view the premiere presentation of the
bold transformation that I presented to Urban Land Institute.
Click here to view the presentation.
We recently closed on the financing to transform and preserve Pinecrest through the Rental Assistance Demonstration Program (RAD). There are 190 units at the Price Hill site which will undergo major construction and preservation improvements estimated at $38.5 million. Families and individuals will see new kitchens, bathrooms, flooring, walls and more when they return to their renovated home. Be sure to check our website and social media outlets for information on how to join us for the Pinecrest Reno Day Celebration.
Kind regards,