The Community Builders (TCB) Midwest team has been working in Cincinnati since 1998, when the transformation of Lincoln Court and Laurel Homes into City West began. Since then more than 700 residential units with total development cost of more than $73 million in have been completed. Current partners including the Cincinnati Metropolitan Housing Authority, HUD, the Ohio Housing Finance Agency, Fifth Third Bank, Hudson Housing Capital , Cincinnati Development Fund and the City of Cincinnati have been instrumental in the success of this work.
In December of 2011 the Cincinnati Multi-family Consortium was formed by The City of Cincinnati, LISC Greater Cincinnati & Northern Kentucky, affordable housing organizations and local lenders with an interest in the future of the New York Group Portfolio of 620 foreclosed, distressed multi-family units in Cincinnati. TCB was selected as the lead participant in this consortium and recently acquired this portfolio of properties. This acquisition will lead to the substantial rehabilitation and preservation of affordable housing in Cincinnati, and also presents the opportunity for transformative development in some of the city’s most challenged neighborhoods. TCB endeavors to create partnerships that maximize the community benefits of investments in neighborhoods, people, and supportive services.
As one of the largest and most accomplished mission-driven, non-profit housing developers in the United States, TCB works to build strong communities where people of all incomes can achieve their full potential. This mission is realized through collaboration with neighborhood groups, residents, public and private agencies and philanthropic interests. TCB is a long-term stakeholder in every neighborhood it invests in and assembles effective local implementation teams that see projects through, past the completion of buildings to the creation of enduring, healthy communities.