CDF financing enabled the nonprofit College Hill Community Urban Redevelopment Corporation (CHCURC) to purchase this property at a key intersection in the neighborhood business district. With this acquisition, CHCURC preserved 16 affordable apartments and gained control of four retail storefronts, ensuring commercial tenants are aligned with the neighborhood-created plan.
Neighborhood: College Hill
Impact
- Business district revitalization
- 16 affordable rental units
- 4 retail storefronts
Amount: $1,150,000