Uptown Cincinnati Development Fund: A $52 million New Markets Tax Credit Fund, established in partnership with the Uptown Consortium, for the purpose of financing major Uptown redevelopment projects.

QUALIFIED PROJECTS: Funds are designated for identified projects in Uptown Cincinnati only.  All projects must meet Federal New Markets Tax Credit guidelines.

TARGET MARKET: Uptown Cincinnati includes the neighborhoods of Avondale, Clifton, Clifton Heights, Corryville, Fairview, Mt. Auburn and University Heights

LOAN AMOUNT: No minimum or maximum

LOAN TYPE: Varies

LOAN TERM: 7 year maximum term

LOAN-TO-VALUE: Flexible

COLLATERAL: Flexible

BENEFITS: Lower than market interest rates
                    Higher loan to values
                    Flexible terms to fit the project needs

Funds for predetermined projects only in Uptown Cincinnati, new applications are not currently being accepted.