2023 Impact Reports
HomeBase is happy to share the collective impact of neighborhood community development organizations through our funding programs over the past year!
The following reports demonstrate the impact of funding programs on Cincinnati neighborhoods made possible through our funding partnership with the City of Cincinnati.
The three funding programs reported on below include:
Neighborhood Business District Support Grant, via the American Rescue Plan dollars.
Operational Support Grant, via City of Cincinnati General Fund dollars, HOME and Community Development Block Grant funds from HUD.
Neighborhood Project Support Funding, via the Community Development Block Grant funds from HUD.
In partnership with the City of Cincinnati Department of Community and Economic Development, we at HomeBase are happy to provide an overview of funding impact for 2022-2023 funding cycles for the following grant programs:
NBDSG: Neighborhood Business District Support Grant - “NBDSG”
(ARPA Funds through the City)
The NBDSG program was created in response to the adverse economic impacts of the COVID-19 pandemic to aid small businesses. NBDSG included both direct support to businesses as well as support to enhance outdoor spaces for COVID-19 mitigation (e.g., restaurant/outdoor dining) or to improve the built environment of the neighborhood (e.g., façade improvements).
NBDSG Report Highlights:
Total of ~$2.6M into Neighborhood Business District Support Grant supporting 16 projects in 15 neighborhoods;
More than $2.2M in Infrastructure Grants supporting neighborhood nonprofits
$410,000 in Small Business Support Grants
Funding supported 41 Small Business and 14 nonprofits across 18 City of Cincinnati Neighborhoods
College Hill CURC’s KeyMark Development with partner developer 8K, was a 2023 HomeBase Project of the Year Award Winner, and a CDBG and OSG supported CDC and project.
Operational Support Grant (OSG) and Neighborhood Project Support Grants
Community Development Block Grant- “CDBG” (HUD funds through the City)
Community Development Block Grant program provides operating assistances to non-profit community development corporations serving the City’s various neighborhoods. This allows them to provide emergency homeowner repair services; redevelopment or new construction of public facilities; rehabilitation of public infrastructure such as streets and sidewalks; economic development activities; and other public services such as emergency food services. CDBG dollars are used in two separate pools, 1. to support physical projects in a community, and 2. as operational support dollars for a portion of neighborhood CDC staff salaries.
HOME (HUD)
The HOME Investment Partnerships Program is to strengthen public-private partnerships to expand the supply of decent, safe, sanitary, and affordable housing for very low-income and low-income Americans. The City has allocated certain HOME funds to provide operating support to one or more local community housing development organizations (each a "CHDO"), for the purpose of building the production, impact, and organizational capacity.
Neighborhood Project Support and Operating Support Grant Report Highlights:
HomeBase disbursed $593,479 in Operating Support Grants (OSG) to 12 CDCs Awards ranged: $15,000 to $67,500
CDC’s leveraged Operating Support Grants for a total Project dollar leverage of $35,775,153 or a leverage ratio of 60.28:1
Private Project Dollars $2,512,719 Public Project Dollars $6,740,585
Tax Credits Allocated $18,864,931 Operational Dollars $7,656,917
Both funding programs had significant impact on our communities that were awarded funding:
26 Commercial units developed
542 Housing units developed
562 community events held
72 projects positively impacting the public realm
Madisonville CURC rehabbed the Historic Bank Building into 2 apartments and a first floor restaurant space and was CDBG and OSG supported CDC and project.
Click on the report photos below to read each full report.
