CDF financing enabled the borrower to acquire a historic (1895) building in a distressed business district and convert it to affordable rental studios for artists. In addition to housing the borrower’s photography business, the building offers co-working space, a leasable photography studio, and a venue for meetings and special events.
Neighborhood: Lockland
Impact:
- Business district revitalization
- Historic (1895) preservation
- Artist studio rentals
- Created event venue
Amount: $260,000