2026-10-13 - Housing & Growth Committee

>> Councilmember Jeffreys: ALL RIGHT, WE WILL GAVEL IN HERE, WELCOME TO HOUSING AND GROWTH COMMITTEE COMMITTEE, I'M YOUR CHAIR COUNCILMEMBER MARKERS, JOINED BY VICE CHAIR, ANNA ALBI AND COMMITTEE

MEMBERS JAMES, OWENS AND NOLAN AND OUR GUEST MR. JOHNSON WHO IS GOING TO INTRODUCE A ITEM HERE SHORTLY. THE ADMINISTRATION APPRECIATES THEM BEING HERE. TIMOTHY LYNCH, KATHERINE KEOUGH-JORS, THE CLERK,

LAUNDRY BROWN AND STEVE SOBEL ON CITICABLE. THANK YOU FOR EVERYTHING YOU DO TO SUPPORT THIS COMMITTEE. SO, BRIEF OVERVIEW OF THE AN AGENDA WE HAVE A STREET RENAMING FROM COUNCILMEMBER JOHNSON IT IS

JUST A INITIATIVE AND THEN CAN HE EXIT AND AND THEN A PRESENTATION REGARDING THE RENTAL HOUSING PLATFORM WHICH IS SUPER EXCITING, THE PROGRESS ON ON THAT, COUNCILMEMBER CRAMERDING IS JOINING US NOW.

AND ANOTHER PRESENTATION FROM THE ADMINISTRATION REGARDING RESIDENTIAL TAX ABATEMENT REPORT AND A ORDINANCE ON EYE DEVELOPMENT AGREEMENT. SO ANY, I DON'T THINK THERE IS ANY PUBLIC COMMENT SO WITH THAT

WE WILL JUMP TO ITEM NUMBER 5 SINCE COUNCILMEMBER JOHNSON WILL BE JOINING TO US MAKE COMMENTS ON AN HONORARY STREET NAMING SO I WILL LET HIM SET IT UP. President Pro Tem Johnson: THANK YOU FOR HAVING

ME CRASH THE COMMITTEE, THANK YOU VERY MUCH. I WANT THE TO TALK A LITTLE BIT RONALD J. TWITTY, AND THIS WOULD BE THE NONE HONORARY, SECONDARY ON DISTRICT 4 WHERE HE WAS THE COMMANDER OF DISTRICT 4 AS

A CAPTAIN FOR YEARS. BUT FROM THE HISTORICAL PERSPECTIVE RONALD J. TWITTY SHATTERED THE GLASS CEILING IN THE CINCINNATI POLICE DEPARTMENT BECOMING THE FIRST EXECUTIVE, FIRST BLACK EXECUTIVE IN THE

CINCINNATI POLICE DEPARTMENT OBTAINING THE RANK OF ASSISTANT CHIEF WHICH LED TO LET'S BE QUITE FRANK JEFFERY BLACKWELL BECOMING A BLACK CHIEF HERE, ELLIOT ISAAC AND BREAKING THE CEILING FOR WOMEN ALSO

WHERE WE JUST HAD CHIEF THEETGE HERE. SO, HIS TENURE TO SERVICE IN THE CITY OF CINCINNATI GOES 50 YEARS. HE CONTINUED EVEN AFTER RETIRING TO MENTOR, THERE'S PROBABLY NOT A CINCINNATI POLICE OFFICER

THAT JOIN THE POLICE DEPARTMENT AFTER 1980 DID NOT KNOW AND WORK WITH LIEUTENANT COLONEL RONALD J. TWITTY. HIS PERSEVERANCE THROUGH THE COMMUNITY YOUTH FOOTBALL COACH, AMATEUR BOXING OFFICIAL, SOFT

BALL COACH. HE CONTINUED HIS LEGACY AS A MEMBER I DO BELIEVE OF THE PADDOCK HILLS COMMUNITY COUNCIL FOR QUITE A WHILE AND THE BOND HILL COMMUNITY COUNCIL. SO RONALD J. TWITTY CONTINUED HIS SERVICE

EVEN AFTER RETIREMENT, LEFT CINCINNATI, AND EACH BECAME THE CHIEF OF POLICE IN LINCOLN HEIGHTS FOR A SHORT PERIOD OF TIME. HIS COMMITMENT TO CINCINNATI IS UNPRECEDENTED, HE IS A PROUD GRADUATE OF THE

GREAT WOODWARD HIGH SCHOOL WHICH I'M ALSO. EASELS A MEMBER OF THE OMEGA SIGHIFY FRATERNITY WHICH I'M ALSO A MEMBER OF. SO I KIND OF FOLLOWED IN HIS FOOTSTEPS BUT HE'S BEEN A AMAZING MENTOR AND

HISTORICAL SPECIFY FROM THE CINCINNATI POLICE DEPARTMENT IN OPENING THE DOORS AND SHATTERING THE CEILING OF MAKING SURE AND SHOWING THAT THAT RANK COULD BE OBTAINED AND I THINK WE HAVE HAD THREE BLACK

CHIEFS SINCE CHIEF RONALD J. TWITTY SHATTERED THE CITY BECOMING THE FIRST IN THE HISTORY OF CITY OF CINCINNATI. SO I WOULD ASK MY COLLEAGUES TO JOIN ME IN VOTING YES IN THE DECLARING THE SECONDARY

STREET NAMING OF RONALD J. TWITTY WAY AT THE TIME CORNER OF READING ROAD AND ASMANN AVENUE. I WILL HAVE A OPINION THAT LOVE FOR ALL OF YOU TO COME AND INVITED TO TO THAT HISTORICAL DAY. THANK YOU MR.

CHAIRMAN ONCE AGAIN FOR ALLOWING ME TO CRASH AND JUMP AHEAD OF CLASS AND THANK YOU TO MY COLLEAGUES, PRAYERFULLY, FOR YOUR YES VOTE. THANK YOU. Councilmember Jeffreys: ANY OTHER COMMENTS? ALL RIGHT.

HEARING NO OBJECTION WE'LL MOVE ITEM NUMBER 5 ON FOR PASSAGE. ITEM NUMBER 1 IS A PRESENTATION FROM LUANNABELLE WIESMAN, BUSINESS DEVELOPMENT FOR CITY WISE SOFTWARE, IF YOU WANT TO COME UP SO FOR

BACKGROUND ON THIS A YEAR AGO WE AS A CITY LAUNCH THIS CITY RENTAL HOUSING PLATFORM, THIS STARTED A COUPLE YEARS AGO I THINK. THE COMPANY ORIGINALLY IS OUT OF MILWAUKEE AND YOU REACHED OUT, MY FORMER

CHIEF OF STAFF WORKED ON IT FOR ABOUT TWO YEARS AND THEN THROUGH COLLABORATION WITH THE ADMINISTRATION WE COLLECTIVELY LAUNCHED THIS ABOUT A YEAR AGO. SO EXCITED TO HEAR AN UPDATE ON HOW IT IS GOING,

62% OF OUR CITY DOES RENT WHICH IS LEGAL I HIGH AND MAKING SURE THAT PEOPLE HAVE ACCESS TO ALL RENTALS AS MUCH AS WE CAN AS OBVIOUSLY A OBJECT CORRECTIVE THAT WE ALL HAVE. EXCITED TO HAVE A UP

DIFFICULTY ON THE PLATFORM. THANK YOU FOR THE OPPORTUNITY TO SPEAK WITH YOU ALL TODAY. AS MR. JEFFREYS MENTIONED THE SITE LAUNCHED ABOUT A YEAR AGO IN LATE 2025 ON APARTMENTS DO THE CINCINNATI DO THE

O OH.GOV: WE PARTNER WITH CITIES ON HOUSING DIRECTORIES TO INCREASE ACCESSIBILITY FOR AFFORDABLE AND MARKET RATE HOUSING RENTALS TO BE SPECIFIC WITHIN THE GREATER AREA OF THAT CITY. SINCE LAUNCH ABOUT

A YEAR AGO THE PLATFORM HAS GAINED OVER # 5,000 USERS TO ITS SITE WITH TOTAL PLATFORM VIEW OF 139397 USERS. SO DININGROOM A HIGH A AN ATTENDED AND TRAFFICKED WEBSITE. VERY EXCITED WITH THAT NUMBER AND

WE LOOK FORWARD TO WATCHING IT GROW. THE TOTAL PROPERTIES LIGHTED ON-SITE ARE JUST SHY OF A THOUSAND AT 989 PROPERTIES AND TOTAL UNITS OF PROPERTIES LISTED ACROSS THOSE 989 IS 20302 UNITS. SO A LOT OF

OPPORTUNITIES FOR RENTERS TO FIND HOUSING WITHIN THIS GEAR AREA TOTAL NUMBER OF ZIP CODES REPRESENTED ARE 59 AND LANDLORDS REPRESENT ARE 119 AT THIS TIME. WE HAVE A LOT OF OPEN CONVERSATIONS CURRENTLY

WITH LOCAL LANDLORDS HARM ARE PROPERTY GROUPS ACROSS THE COUNTRY AND A LOT OF INTEREST IN THE SITE AS WELL. THE PLATFORM HAS GAINED MAJOR TRACTION THIS YEAR AND IN ADDITION TO THE 55,000 PLUS USERS WE

HAVE DONE ONE EVENT ALREADY FOR A HOUSING FAIR IN WASHINGTON PARK THAT WAS IN JUNE AND WE ACTUALLY HAVE ANOTHER POP UP EVENT THIS THURSDAY AT FOUNTAIN SQUARE WITH FKQ HE'S. WE HAVE ABOUT TEN GROUPS

SIGNED UP TO TABLE OVER THE LUNCHTIME PERIOD THAT'S CORRECT WILL GIVE CURRENT CUSTOMERS AND ADDITIONAL CUSTOMERS THAT HAVE SIGNED UP AN OPPORTUNITY TO MEET WITH LOCAL RENTERS AND ENGAGE IN THE

COMMUNITY WHICH WE'RE VERY EXCITED ABOUT. OUR GOAL IS TO HAVE BETWEEN 3 AND # OF THESE EVENTS IN EACH MARKET EVERY YEAR JUST TO GIVE A INCENTIVE NOR LANDLORDS TO PARTICIPATE AND MEET MORE LOCAL

RENTERS, ESPECIALLY FACE-TO-FACE. IT SHOWCASES RENTAL HOUSING NAH AND MARKET RATE. THEY ARE INCOME RESTRICTED AND AFFORDABLE HOUSING HOUSING PROPERTIES. WITH 25 ACCEPTING THE SECTION 8 VOUCHERS WHICH

ARE CONSIDERED MARKET RATE PROPERTIES THAT PUBLICLY DISPLAY THAT THEY ACCEPT THE SECTION 8 VOUCHERS AND INFORM LANDLORDS OF THE OPPORTUNITY TO PUBLICLY LIST THIS ON THEIR LISTINGS WITH 63.7% OF THE

PRICE PROPERTIES TO HAVE AT LEAST ONE UNIT AT OR BELOW THE FM R. NORLY 38% OF THE RENTER ACTIVITY THIS YEAR WENT TO THAT LISTING AND IT IS GROWING WITH EVERY CLICK THAT WE GET TO THE SITE. TWENTY-FIVE

ADDITIONAL MARKET RATE PROPERTIES ACCEPT VOUCHERS AND 2/3 OF THOSE HAVE AT LEAST ONE LISTED WE LOW THE FM R BENCHMARK LIKE I MENTIONED. THIS NUMBER IS GROWING, AGAIN AND WE'RE EXCITED TO SEE HOW IT

TRANSFORMS ACROSS THE NEXT YEAR AS WE GAIN MORE RENTERS AND MORE LANDLORDS TO THE PAGE. IN TERMS OF ACCESSIBILITY, 549 HAVE AT LEAST ONE SIGNATURE BE ACCESSIBILITY FILTER WHICH WE HADED IN THE LAST

SIX MONTHS OR SO INCLUDING ONE HAND OPERABLE FAUCETS AND CONTROLS, LEAVER DOOR HANDLES, KIT CHIT CHEAP THAN STEP FREE ENTRY AND GRAB BARS. AGAIN THOSE NUMBERS ARE INCREASING AS PROPERTIES ARE ADDING

THESE FEATURES AS THEY ARE INFORMING US THAT THESE FEATURES ARE EXISTING IN THEIR PROPERTIES AND AS WE ADD MORE PROPERTIES TO THE WEBSITE. THROUGH OUR NEW ASK THE OF ACCESSIBILITY FEATURES THE

PLATFORM MAKES IT MUCH EASIER FOR RENTERS LOCALLY AND THOSE LOOKING TO MOVE TO CINCINNATI TO FIND A PROPERTY THAT FITS THEIR NEEDS. MANY PROPERTIES REPORT BASIC INTERIOR FEATURES THAT A LOT OF

PROPERTIES ARE REQUIRED TO HAVE, BUT WHEN LANDLORDS LIST THESE SPECIFIC FEATURES ON THEIR WEBSITE IT INCREASES THE VALUE OF THAT AS WELL FOR THE CONSUMER. AND IN TERMS OF APPLICATION FEES, THE AVERAGE

APPLICATION FEE FOR PROPERTIES ON THE SITE IS ABOUT $48. 78.7% OF PROPERTIES WITH THE LISTED APPLICATION FEE FALL BETWEEN 30 AND $50. AND THEN ONLY 17% OF PROPERTIES CHARGE MORE THAN $50. 4.3 CHARGE

LESS THAN $30. USUALLY APPLICATION FEES COVER THE COST OF REVIEWING THE APPLICATION, THE CREDIT CHECK, BACKGROUND CHECK, INCOME VERIFICATION AND STAFF TIME TO COMPLETE ALL OF THESE TASKS. FIFTY

DOLLARS IS THE MOST COMMON AMOUNT BUT ABOUT 4 OUT OF 5 FALL BETWEEN 30-50 LIKE IS MENTIONED. AS I MENTIONED THIS WAS YEAR 1, SO WE ARE VERY EXCITED TO SEE WHAT YEAR TWO BRINGS. WE ARE ARE ACTIVELY

PLANNING THURSDAY'S HOUSING FAIR AND PLANNING WITH THE LANDLORDS AND PROPERTIES THAT SIGNED UP TO PARTICIPATE. WE ARE WITH THE FILTERING AND ACCESSIBILITY FEATURES ON THE SITE. IMPROVING AND

IMPLEMENTING TRANSIT LINES AND CERTAIN ACCESSIBILITY FEATURES IN TERMS OF ALL THE THINGS I MENTIONED ON THE LAST SLIDES. AND WE'RE ALSO INCORPORATING COMPANY PAGES FOR LARGER COMPANIES AND BUSINESSES

IN THE AREA TO INCREASE POPULARITY AMONG THE PROPERTIES THAT ARE CLOSE TO THESE LOCAL BUSINESSES. AND, YEAH, WE'RE EXCITED FOR YEAR TWO. THANK YOU FOR THE OPPORTUNITY OF THIS PARTNERSHIP AND IF THERE

ARE ANY QUESTIONS PLEASE LET ME KNOW. THANK YOU. Councilmember Jeffreys: THANK YOU FOR COMING OUT TO SHARE THIS. A COUPLE COMMENTS A A FEW QUESTIONS. FIRST TO REITERATE THIS COST THE CITY ZERO

DOLLARS, THE CITY DIDN'T INVEST ANY MONEY. THIS IS ALTHOUGH IT IS UNDER THE CITY WEBSITE FOR SEARCH PURPOSES. BUT IT DOES NOT COST THE CITY ANYTHING. I LOVE THE ACCESSIBILITY FEATURES ADD THAT'S SO

PEOPLE IF ARE YOU LOOKING FOR A RENTAL AND YOU HAVE NEEDS THAT YOU CAN UNDERSTAND WHAT THOSE ARE. AND I LOVE THE TRANSIT MAPPING AS WELL. JUST FOR ONE QUESTION, THE EXPENSE FOR RENTERS AND HOW THIS

SITE COMPARES VERSUS OTHER COMMERCIAL WEBSITES, CAN YOU JUST TALK TO THAT? SO WHETHER IT IS ZILLOW OR SOMETHING FOR THE RENTER, WHAT ARE THE FEE COMPARISONS? AND WHAT IS THE DIFFERENCE BETWEEN USING

THIS SITE VERSUS SOME OF THOSE? I WILL SAY THE 30-50 AVERAGE APPLICATION FEE FEELS PRETTY STANDARD TO ME AS A CONSUMER MYSELF AND A RENTER MYSELF. BUT I WILL SAY I HAVE FOUND THAT ZILLOW AND

APARTMENTS.COM FAVOR MORE THE HIGH END OF THAT RANGE SO SEEING THAT A LOT MORE UNDER THE 50 AND CLOSER TO THE 30 MARK SEEMS PROMISING ESPECIALLY FOR A CITY RUN PLATFORM. Councilmember Jeffreys:

APPRECIATE IT. QUESTIONS? Councilmember Albi: WELL THANK YOU FOR THIS. I THINK THIS IS A GREAT RESOURCE IN FACT I WAS IN A MEETING WITH CUFA AND THEY ALMOST OUT OF NOWHERE AND YOU GOT THAT NEW

PLATFORM IT IS REALLY COOL AND HELPFUL. THANK YOU FOR THAT. SO, NOT REALLY A QUESTION I WANTED TO ADD ON THE FEES PART MY OFFICE ALONG WITH COLLEAGUES IN THIS ADMINISTRATION ARE WORKING ON SOME

LEGISLATION THAT WOULD INN CREASE FEE TRANSPARENCY. WE HAVE HEARD FROM PLACES LIKE HOME AND LEGAL AID RENTERS WHO GO TO, YOU KNOW, TOUR OR EVEN SIGN A LEASE AND REALIZE ON PAGE 1569 LEASE THERE IS

EXTRA FEES THEY ARE NOT AWARE OF OR DIDN'T THINK ABOUT NECESSARILY WHEN THEY SAW THE RENT PRICE LISTED. THAT'S SOME LEGISLATION WE'RE WORKING O. IT WILL GO HAND IN HAND WITH RESOURCES LIKE THIS WHERE

WE COMPARE, WHERE WE COMPARE TRANSPARENCY AND MAKING SURE PEOPLE KNOW EXACTLY WHAT THEY ARE SIGNING UP FOR, WHAT THE RESOURCE IS TO QUICKLY SEARCH THEIR OPTIONS OUT THERE. I'M EXCITED ABOUT THE WORK

THIS COUNCIL IS CONTINUING TO DO TO PROTECT TENANT RIGHTS AND MAKE IT EASIER TO FIND HOUSING AN ACROSS THE CITY. THANK YOU FOR BEING PART OF THAT. THANK YOU. Councilmember Owens: THANK YOU, THIS IS A

GREAT RESOURCE, VERY EXCITED, AND SO THANK YOU COUNCILMEMBER JEFFREYS FOR COORDINATING HERE. I WOULD LIKE TO ASK ABOUT THE CAPACITY SO HOW MANY MORE APARTMENTS OR PROPERTIES ARE OILLET THERE TO LIST,

WHAT'S THE PLAN TO ADD MORE? SO ACE MENTIONED IT IS YEAR 1 SO WE CONTACTED EVERY SINGLE LANDLORD IN THE CITY TO GET A RERESPONSE IS THE DIFFICULT PART. HAVE I TRAVELED TO THE CITY OVER 5 TIMES MEETING

WITH LANDLORDS IN THE PAST YEAR. I KNOW MY TEAM HAS ALSO DONE THE SAME. IT IS A GROWING PLATFORM AND LIKE I MENTIONED WE HAVE A LOT OF MEETINGS LIKE I HAVE MEETINGS RIGHT AFTER THIS MEETING, MEETING

WITH LANDLORDS IN THE CITY, SO WE'RE HOPING GET CLOSER TO EVERY LANDLORD IN THE CITY BUT IT DEFINITELY TAKES TIME. AND AS WE GAIN MORE TRACTION A LOT OF LANDLORDS THAT HAVE JOINED THE SITE IN THE LAST

FEW MONTHS HAVE SEEN THE PLATFORM ON GOOGLE. THEY HE ARE LOOKING AT THE COMPETITORS EVER WHERE THEY ARE CURRENTLY PUT BE THEIR AD SPEND AND NOTICE THAT A LOT OF THEIR TRAFFIC IS GOING TO THIS PLATFORM

AS OPPOSED TO THE PLATFORMS THAT THEY ARE CURRENTLY SPENDING ON. Councilmember Owens: SOME MORE WORK TO COME. AS FAR AS THE LISTINGS OF AFFORDABLE UNITS, AND YOU MAY HAVE MENTIONED THIS, ON THE

WEBSITE I WILL HAVE TO VISIT IT, IS IT LISTED CAN YOU FILTER BY AFFORDABILITY? SO ONE SIDE THE PLATFORM IS THE MARKET RATE STRICTLY MARKET RATE AND THEN ONE SIDE IS FOR AFFORDABLE HOUSING. AND THEN

ANY PROPERTIES THAT ARE MIXED IN TERMS OF X% IS AFFORDABLE AND X PERCENT IS MARKET RATE THEY CAN GET POSTED ON BOTH SIDES OF THE PLATFORM. Councilmember Owens: I LOVE THE FACT THAT WE DIDN'T

NECESSARILY HAVE TO MAKE A INVESTMENT HERE SO SAVING DOLLARS ARE IS ALWAYS GREAT. HOW ARE YOU FUNDED IN WE WE CHARGE LANDLORDS OVER A UNIT COUNT OF 20 UNITS A SMALL FEE FOR THE LISTING SERVICE AND

THAT'S HOW WE CAN HAVE THIS PARTNERSHIP WITHOUT CHARGING THE CITY ANYTHING. SO, LANDLORDS THAT HAVE UNDER 20 UNITS IN THEIR PORTFOLIO ARE NOT CHARGED ANYTHING, SO IF SOMEONE HAD A 15 UNIT APARTMENT

BUILDING, WE WOULD JUST THROW THAT UP ON THE SITE FOR FREE AND THEN PORTFOLIO THAT'S LARGER OR LARGE EVERY APARTMENT COMMUNITY WOULD GET CHARGED A SMALL FEE. DEPENDENT ON SIZE. Councilmember Owens:

THANK YOU, AWESOME. Councilmember Jeffreys: FOR REEVEN FOREGO THAT I NEGLECTED TO MENTION THAT. THAT'S ANOTHER BENEFIT IS ADDING MORE UNITS THAT OTHERWISE FOR SMALLER LANDLORDS I MEAN IT MIGHT BE A

BARRIER TO LIKE ADVERTISE ON, THE FACT THAT IT IS FREE OBVIOUSLY IS HUGE. A LOT OF OUR LANDLORDS ARE ACTUALLY LIKE THE MISSING MIDDLE KIND OF THE ONES THAT PUT A YARD SIGN IN FRONT OF THEIR YARD OR

TE-AIREA POWELL POST IT ON FACEBOOK OR THEY SEND IT AN ACROSS THEIR KIDS LIKE E-MAIL THREAT THREAD WITH THEIR SCHOOL OR SOMETHING LIKE. AND THAT HAS BEEN A SUPER LARGE GROUP OF THE LISTED CUSTOMERS ON

OUR PAGE. Councilmember Ryan James: THIS SUPER EXCITING, EXCUSE ME PESTIER U THANK YOU HERE I GOT ON THE WEBSITE AND MY JAW JUST DROPPED THERE IS SO MANY FEATURES ADDED SINCE I LAST GOT ON THE

PLATFORM. SO YEAH, I DID HAVE A QUESTION IT WAS KIND OF WHERE YOU GENERATE MONEY FROM AND BUSINESS MODEL TO COUNCILMEMBER OWENS UNFORTUNATELY ASKED THAT QUESTION FOR ME SO I'M JUST HERE A COMMENT, A

EXCITING PARTNERSHIP FOR THE CINCINNATI JUST, YEAH, SO EASY TO YEARS SUCH A I WAS ABLE TO FILTER IT TO APARTMENTS UNDER, IT WAS 8 HUNDRED DOLLARS AND THERE ARE SO MANY OPTIONS, SO MANY PARTICULARLY

YOUNG PEOPLE LOOKING FOR APARTMENTS. I HAVE REFERRED FRIENDS TO THE CITY WHO ARE LOOKING FOR APARTMENTS IN THAT PRICE RANGE AND THERE ARE SO MANY, THERE ARE SO MANY GAPS IN THE MARKET FOR INDIVIDUALS

TRYING TO FIND THIS ZILLOW HAS A PREFERENCE FOR SOME AND I AGREE WITH YOU IN YOUR STANCE AS A CONSUMER THAT ZILLOW HAS A ENTRY AS FAR AS PAY AND HIGHER PAYING FEES. SO JUST VERY, VERY EXCITING.

AWESOME PARTNERSHIP. MY JAW DROPPED HERE INTERESTING HOW OFTEN YOU LEARN NEW THINGS THAT THE CITY IS DOING. HOW EXCITING. THANK YOU. THANK YOU. THANK YOU. Councilmember Jeffreys: THANK YOU AGAIN,

APPRECIATE YOU COMING OUT TO SHARE THIS UPDATE. IT IS REALLY EXCITING. THANK YOU. Councilmember Jeffreys: VERY GOOD WE WILL OUT OBJECTION FILE ITEM 1. NEXT ON OUR AGENDA IS PRESENTATION FROM

DEPARTMENT OF OPPORTUNITY AND RESIDENT SERVICES REGARDING THE 2023 RESIDENTIAL TAX ABATEMENT REFORM. THIS WAS A REPORT ON THIS. WE HELD IT JUST SO THAT WE COULD HAVE A A PRESENTATION SO I THINK IT JOE

HACKWORTH, MATTHEW FLOYD SENIOR DEVELOPMENT OFFICER AND DIRECTOR CARTER IS ALSO MADE HERSELF AVAILABLE AS WELL. SO, THE FLOOR IS YOURS. THANK YOU CHAIR AND COMMITTEE MEMBERS. MY NAME IS JOE HACKWORTH,

DIVISION AND OPPORTUNITY AND RESIDENT SERVICES. I'M MAT FLOYD A SENIOR DEVELOPMENT IN DEPARTMENT OF OPPORTUNITY AND RESIDENT SERVICES. MAT EYE ADMINISTERS THE MANAGE THE RESIDENTIAL TAX ABATEMENT WITH

MY OVER SIGHT AND WE HAVE MARKIEA CARTER THERE THAT WILL BE CONTRIBUTE TO THE PRESENTATION AS WELL WHEN NEEDED. SOME IS GOING ON HERE. THE FORE MOOTING IS A LITTLE OFF, AS LONG AS THE INFORMATION IS

THERE I CAN GO THROUGH IT. SO I'LL START OFF WITH A PRESENTATION OUTLINE, WE'LL DISCUSS TODAY IS THE COMMUNITY REINVESTMENT AREA KIND WHAT THAT IS AND HOW CINCINNATI UTILIZES THAT TO ITS BENEFIT.

RESIDENTIAL TAX ABATEMENT GOALS, DISCUSS AND OVERVIEW OF PROGRAM AND ADMINISTRATIVE PROCESS. WE'LL GO INTO THE RESIDENTIAL TAX ABATEMENT ASSESSMENT AND TALK ABOUT THE PROGRAM REFORMS AND THE DATA AND

THEN LASTLY RECOMMENDATIONS. I REALIZE THAT WE HAVE A LOT OF NEW COUNCIL MEMBERS SINCE THE REFORM, SO I FIGURED I WOULD START OFF GIVING THE HISTORY OF THE RESIDENTIAL TAX ABATEMENT AND HOW WE GOT TO

THE REFORM AND WHERE WE ARE WITH THE REFORM. THE COMMUNITY REINVESTMENT AREA CRA IS A DIRECT STATE INCENTIVE THAT PROVIDES BENEFITS TO PROPERTY OWNERS WHO RENOVATE EXISTING HOMES OR PARTICIPATE IN

CONSTRUCTING NEW BUILDINGS. IT ALLOWS MUNICIPALITIES TO DESIGNATION AND THAT A HOUSING STOCK AND DEVELOPMENT OF NEW STRUCTURES. AND CINCINNATI AS A WHOLE WHOLE IS CONSIDERED A CRA WHERE SOME AREAS

LIKE COLUMBUS, THEY HAVE POCKETS OF CRAS. THE ENTIRE CINCINNATI AREA IS IS CONSIDERED A CRA. AND WE USE THIS BENEFIT IN THIS INCENTIVE TO HELP ADMINISTER OR RESIDENTIAL TAX ABATEMENT PROGRAM. THE

PRIMARY GOALS FOR THE RESIDENTIAL TAX ABATEMENT PROGRAM GO WAY BACK IS HOMEOWNERSHIP, WE WANT TO INCREASE THE HOMEOWNERSHIP AND WE CAN DO THAT BY HELPING TO REDUCE BARRIERS TO HOMEOWNERSHIP, GETTING A

A TAX ABATEMENT LOWERS YOUR TAX LIABILITY WHICH CAN MAKE IT EASIER FOR YOU YOU TO FINANCES A HOME IF YOU HAVE LESS WHETHER WE CONSIDER CARRYING OR BORROWING COST. RESIDENTIAL INVESTMENT IN RESIDENT

HOMES, THERE A TAX ABATEMENT AND PEOPLE KNOW THEY CAN FIX THEIR HOUSES UP AND NOT BE BEN LIESED ON THE BACK END WITH HIGHER PROPERTY VALUE AND HIGHER TAX IS, THAT'S TO HELP THOSE TO INVEST IN THEIR

HOMES. HOSING PRESERVATION WE KNOW CINCINNATI IS A VERY OLD HOUSING STOCK AND SO THIS HELPS TO SUPPORT THE PRESERVATION OF EXISTING HOUSING STOCK, PARTICULARLY WITH OUR RESILIENCE RESIDENTIAL TAX

ABATEMENT BUS WE INCENTIVIZE REMODELING HOMES AND STRUCTURES RATHER THAN TEARING DOWN AND BUILDING NEW. POPULATION GROWTH, OFFERS AN INCENTIVE TO ATTRACT AND RETAIN RESIDENTS THE GOAL IS ONCE AGAIN IT

TIES INTO THE FIRST ONE HOW CAN WE BRING MORE RESIDENTS TO THE CITY HOW CAN WE HELP RETAIN RESIDENTS WE DO HAVE. WE CAN BRING MORE RESIDENTS BY OFFERING THIS TYPE OF INCENTIVE. IF YOU WANT TO COME AND

LIVE IN THE CITY HAVE YOU REDUCED TAX LIABILITY IF YOU MOVED TO ANOTHER COMMUNITY THAT DOES NOT OFTER SAME. AND HOW DO WE HELP KEEP YOU HERE? WE WANT TO KEEP YOU IN THE CITY AND INVEST IN YOUR

PROPERTY BUT HOW CAN WE ENCOURAGE THAT WITHOUT PENALIZING OUT BACK END WITH A HIGHER TAX BILL? AND ALL THESE HELP CONTRIBUTE TO NEIGHBORHOOD STABILITY. THE OVERVIEW OF THE PROGRAM, SUBSTANTIAL

RENOVATIONS OR CONSTRUCTING NEW HOMES CAN INCREASE PROPERTY TAXES WHICH OFTEN CAN BECOME A FINANCIAL BURDEN. THE RESIDENTIAL CRA THAT THE CITY OFFERS ALLOWS TO YOU HAVE A TAX ABATEMENT ON THE

INCREASED IMPROVED VALUE OF THE PROPERTY FOR UP TO 15 YEARS. AND THAT 15 YEARS ON THE STATE LAW. IT ALSO ARE DOS DUESES BARRIERS TO RESIDENTIAL INVESTIGATEMENT AND HELPS TO MAKE HOMEOWNERSHIP MORE

ACCESSIBILITY AND SUSTAINABILITY. AND THE ELIGIBILITY REQUIREMENTS FOR THIS PROGRAM HAVE TO MADE A SUBSTANTIAL RENOVATIONS TO THEIR PROPERTY, TYPICALLY FOR A SINGLE FAMILY IT IS AT THAT MONTH AND

$2500 IS NOT GOING TO MOVE THE NEED WILL OFFER YOUR PRACTICES MOST LIKELY. AND FOR NEW CONSTRUCTION YOU REQUEST BENEFIT ALSO IF YOU CONSTRUCTING A NEW HOME ON A PROPERTY, SINGLE FAMILY UP TO A FOUR

FAMILY. WE TALK ABOUT WHAT PROPERTY IS ELIGIBLE, SINGLE FAMILY, CONDO UNITS ALL WITHIN THE CITY OF CINCINNATI. AND THEY HAVE TO BE RENOVATED OR CONSTRUCTED WITH THE PROPER PERMITS. WE HE HAVE SEEN TOO

OFTEN WHERE I DON'T WANT TO USE THE TERM FLIP AS A NEGATIVE TERM BECAUSE PEOPLE MAKE A LIVING OFF THAT AND THEY DO IT RESPONSIBLY. WE HAD PEOPLE THAT BOUGHT HOMES THAT WERE RENOVATED OR FLIPPED AND

THEY WERE DONE SO WITHOUT NECESSARY PERMITS AND SO THE TAX ABATEMENT THEY THOUGHT THEY WON ELIGIBLE FOR THEY ARE NOT. THAT'S SOMETHING I WANT TO HIGHLIGHT FOR CINCINNATI RESIDENTS. THESE ARE HOW

PROPERTY TAXES ARE IMPACTED. THIS IS A ILLUSTRATION OF THE BEFORE AND AFTER THE CONSTRUCTION HERE TO THE LEFT THE UPPER LEFT HAND CORNER YOU WILL SEE A SINGLE FAMILY HOME AND GOT YOUR CURRENT TAX

PAYMENT AND THEN YOU GOT AN ADDITION THAT WAS MADE IT IS ACTUALLY CUTOFF ON THIS SLIDE BUT THERE WAS A IMPROVEMENT VALUE THAT WAS MADE TO THAT HOME AND YOU WILL SEAT DARK BLUE AREA OF THE CURRENT

PROPERTY TAX VALUE LIABILITY AND THEN THIS LIGHTER BLUE AREA IS THE ABATED TAX IS. SO, LIKE I SAID, THE WHOLE PURPOSE OF THE PROGRAM IS TO ENCOURAGE DEVELOPMENT OF THE YOUR HOMES AND IT HELPS PEOPLE

AGE IN PLACE. WITHOUT BEING IMPACTED ON THE BACK END WITH A HIGH PROPERTY TAX LIABILITY. AND ONE THING TO NOTE HERE IS THAT ALTHOUGH WE'LL PROCESS A APPLICATION WE REVIEW IT AND KIND OF DO THAT BASE

LINE LOWER REVIEW TO DETERMINE WHAT LEVEL OF INCENTIVE, WHAT LEVEL TAX ABATEMENT IT IS ELIGIBLE FOR, THE COUNTY ULTIMATELY IS THE ONE THAT ASSESS THE VALUE. A LOT OF PEOPLE GET THAT MISCONSTRUED. THEY

THINK THE CITY IS RESPONSIBLE FOR THAT, WE DON'T TO THAT THAT'S THE COUNTY AUDITOR'S OFFICE THAT DOES THAT. THINS THAT ARE NOT ABATED, LAND VALUE, IT IS ON THE IMPROVEMENTS TO THE LAND SO YOU CONTINUE

TO PAY WHAT YOU GO TO ON THE VALUE OF THE LAND, IT IS THE NEW BUILDING THAT IS AN ABATED. PRE EXISTING PROPERTY VALUES ARE NOT ABATED AND SPECIAL ASSESSMENTS ON LEVEL I SOMETIMES LEVIES ARE

IMPLEMENTED OR PASSED. THOSE ARE STILL TAX LIABILITIES THAT YOU HAVE AS A PROPERTY OWNER, YOU DON'T GET ABATEMENTS FOR THOSE THOSE. THIS IS A OUTLINE OF THE APPLICATION PROCESS WE'LL TALK ABOUT A

LITTLE LATER ON IN THE SLIDE SOME OF THE IMPROVEMENTS WE MADE TO THE APPLICATION PROCESS IT STARTS WITH A APPLICATION, IT REALLY STARTS WITH THE WORKING COMPLETED DIFFERENT THAN THE RESIDENTIAL OR THE

COMMERCIAL TAX ABATEMENT PROGRAM THE CONSTRUCTION MUST BECOME COMPLETED BEFORE YOU APPLY TO THIS PROGRAM FOR THE COMMERCIAL PROGRAM YOU HAVE GOT TO GET APPROVAL BEFOREHAND BEFORE YOU START

CONSTRUCTION. AND BECAUSE OF THAT IT DOES IMPACT WHEN WE ACTUALLY WERE ABLE TO RAMP UP INTO THE REFORM POLICY. WE'LL TALK ABOUT THAT A LITTLE LATER. WHETHER YOU IT REALLY STARTS WITH THE WORKING

COMPLETED, THE PROPERTY OWNER BUILDER SUBMITS A APPLICATION, WE REVIEW IT TO DETERMINE ELIGIBILITY. AND THEN WE PROVIDE WHAT WE CALL A LETTER TO THE HOMEOWNER AND COUNTY. THE COUNTY ASSESS IT IS AND

ULTIMATELY ISSUES A LETTER TO THAT HONE ARE HOMEOWNER FORMALIZING THE ABATEMENT. WE HIRED HR&A TO/VALUE AT THE WARM AND PROPOSE RECOMMENDATIONS AND UNDERSTAND THE CHALLENGES IN THE HOUSING MARKET.

THEY EVALUATED THE PROGRAM FOR THE PRIOR FIVE YEARS THEN ULTIMATE PLAT A A TIERED PROGRAM FOR A MORE EQUITABLE PROGRAM THAT HELPS ALIGN WITH THE CITY GOALS. HERE THE REFORM SNOWS, WITH T ALLOWED FOR 4

UNIT DWELLINGS PRECEDING ORDINANCE ONLY ALLOWED UP TO 3 FAMILY. AS YOU SEE, THE INCENTIVE WAS PRETTY MUCH THE SAME IN ALL THRIVING NEIGHBORHOODS UP TO 15 YEARS BASED ON TYPE OF CONSTRUCTION THAT

CARRIED ON THROUGH 2020 AND WHAT THE REFORM DID WAS IT TRIED TO RIGHT SIZE THE LEVELS OF ABATE BASED ON NEIGHBORHOODS AND THE INVESTMENT IN THE NEIGHBORHOODS IN THE MARKET. LOOK AT THE TIME 2023

PROGRAM REFORM, H.R. HA SIX MARKET INDICATORS ONE BEING INCOMING ACKNOWLEDGER HOUSEHOLD INCOME, PERCENTAGE OF POURED, HOUSING VALUES AND THAT'S PERCENTAGE OF VALUES ABOVE $500,000. MORTGAGE ACTIVITY

PERCENTAGE OF HOMES VALUED PERCENTAGE OF MORTGAGE LOANS A PROVED MARKET VALUE GROWTH, PERCENTAGE OF MARKET VALUE CHANGE OTHER SINGLE FAMILY HOMES AND NEW CONSTRUCTION ACTIVITY. AND THIS WAS EVALUATED

BASED ON NEW CONSTRUCTION PERMITS FILED WITH THE CITY PREVIOUS MODEL CITY WIDE, DIFFERENT NEIGHBORHOODS WERE TREATED THE SAME. 2020 REFORM MODEL TRYING TO ALIGN THE INCENTIVES OF MARKET CONDITIONS,

NEIGHBORHOOD SPECIFIC STRATEGY, AND IT APPLIES TO PROJECTS THAT COMMENCE CONSTRUCTION ON OR AFTER SEPTEMBER FIRST, 2023, ACKNOWLEDGES THAT'S EVIDENCED BY THE ACCEPTANCE OF BUILDING PERMITS BY THE BLIP

B&I DEPARTMENT. THESE ARE THE NEEDS TEARS THAT CAME OUT OF HR&A ASSESSMENT AND RECOMMENDATION. THE METHODOLOGY BASICALLY WAS A POINT SYSTEM DEPENDING ON HOW MANY PINTS THAT YOU SCORED ABOVE KIND OF

THE MEDIAN FOR THESE SIX CRITERIA. YOU WERE GIVEN A POINT. THOSE WITH THE MOST POINTS WERE DEEMED TO BE SOME OF THE MOST OR LEAST DISTRESSED AREAS IN THOSE LESSER NUMBER OF POINTS THOSE TO BE CALL

SOME OF MORE DISINVESTED AREAS OF THE CITY AND FROM THAT THEY CAME UP WITH THREE NEIGHBORHOOD TEARS, A LIST OF NEIGHBORHOOD TEARS THE MAJORITY AND EXPANDED NEIGHBORHOOD TEAR WHICH IS THE MIDDLE TEAR

AND YOU GOT YOUR SUSTAIN NEIGHBORHOODS WHICH ARE THE AREAS THAT ARE DEEMED TO BE SEEING SOME OF THE NO INVESTMENT AND STRONG ARE MARKETS WHERE MAYBE AN ABATEMENT DIDN'T NECESSARILY PUSH THOSE TO

INVEST IN NEIGHBORHOODS THAT INVESTMENT WOULD OCCUR NATURALLY. WE LOOKED AT THE PRIOR INCENTIVES UNDER THE PRIOR TWO PROGRAMS. THESE ARE THE REFORM INCENTIVES, AS YOU SEE THEY HAVE BEEN ADJUSTED BASED

ON THE NEIGHBORHOOD TIERS, ON IF YOU HAVE THE PAPER PRESENTATION IN FRONT OF YOU THEY ARE COLOR COORDINATED BUT THE LIFT NEIGHBORHOOD US SEE REPRESENTS THE MAJORITY OF THE CITY, SUSTAIN NEIGHBORHOOD

REPRESENTS THE MINORITY PORTION OF THE CITY. LIFT NEIGHBORHOODS ARE ELIGIBLE FOR UP TO 15 YEARS AND ALL THESE HAVE SOME TYPE OF BONE US INCENTIVES AND EXPAND NEIGHBORHOODS YOU CAN GET UP TO 12 YEARS

AND THEN IN SUSTAIN NEIGHBORHOODS YOU GET ULTIMATELY GLEET -P IF HE 8 YEARS. THAT'S JUST THE TERM LINK THE ACTUAL ABATEMENT CAN TYPE OF CONSTRUCTION SMALLER PULL HADDITY FAMILY, WHETHER YOU IN A

CERTAIN DISTANCE OF A MAJOR 24 HOUR ROUTE AND ALSO SOME TYPE OF VISIBILITY STANDARDS. MORE OF A COLOR COORDINATION OF THE LIFT, THE EXPAND AND SUSTAIN AREAS US CAN SEE THE LIFT NEIGHBORHOOD DOES

DOMINATE MOST OF THE CITY LANDSCAPE THERE AND THE DARKER AREAS THAT YOU SEE WITHIN THOSE THOSE ARE THE AREAS WHERE YOU CAN GET BODGE BONUS INCENTIVE BECAUSE YOU ARE ALONG A MAJOR ROUTE. THIS IS A

SCREEN SITE PART OF THE REFORM IS THAT WHICH CAME UP WITH A WORKING WITH OPDA TO DEVELOP A NICE WEBSITE ON CINCINNATI INSIGHTS WHERE CAN YOU TRACK ABATEMENTS BY TIER AS YOU CAN SEE IN THE COLOR

COORDINATION ACROSS THE CITY. AND WE ALSO HAVE SOMETHING SIMILAR, I WOULD SAY PROBABLY NOT AT ROBUST UNDER THE PRIOR ORDINANCES BUT WE HAVE A THAN DO THAT USE FOR TRACK PURPOSES. ACES WE LOOK AT THE

2023 REFORM, THIS IS A SNAPSHOT OF DATA FROM 2023 WHEN THE REFORM WAS IMPLEMENTED. FIRST WEEK OF SEPTEMBER WHEN WE RAN THIS INFORMATION. THE KEY THING TO SEE HERE IS THAT IN 2023 THERE WAS ZERO

ABILITIES THAT CAME IN THAT WERE GOVERNED UNDER THE NEW POLICY. AND THE REASON FOR THAT IS BECAUSE LEAKY SAID CONSTRUCTION MUST BECOME COMPLETE BEFORE YOU APPLY TO THE PROGRAM AND MANY OF THE

DEPENDING ON WHEN YOU APPLY FOR YOUR PERMITS THAT WILL DICTATE WHICH GOVERNING LEGISLATION GOVERNS YOUR ABATEMENT. SO IF YOU LOOK AT THE TABLE AT THE BOTTOM YOU WILL SEE THE OPPOSITE. AT THE TIME

TABLE A TOP WHETHER YOU SEE MORE ABILITIES COMING AND BEING REFORMED UNDER THE NEW POLICY AND PRIOR ORDERS YOU SEE IMAGINITY ABATEMENTS COMING IN AT THE START OF 2023 AND GRADUALLY REDUCING AT THE

PRESENT DAY AND WE SUSPECT THE NEXT YEAR OR TWO THAT THE OLD PROGRAM WOULD KNOW LONGER BE EFFECTIVE. WE KNOW THAT WE HAVE SOME ONE OFF NOTWITHSTANDING ORDERS TO SPECIFIC PROJECTS THAT MIGHT STILL BE

IN PLAY BUT WE SUSPECT IN THE NEXT COUPLE YEARS THAT IT WILL TOTALLY BE 2023 AND RELATE TAX ABATEMENT PROGRAM. ABOUT THE DATA I SAID ABATEMENTS ARE APPLIED FOR AND AFTER CONSTRUCTION COMPLETE, WE

REFORMED PROGRAM SHOWS RAMP UP FROM IMPLEMENTATION YEAR, PRIOR PROGRAMS SHOWS RAMP DOWN OVER SAME PERIOD. THIRTYERS P OF ALL ABATEMENTS TO DATE GOVERNED UNDER THE REFORM POLICY, NO ABATEMENTS WERE

GOVERNED UNDER REFORM AND LESS AND 2025% WERE GOVERNED UNDER THE NEW POLICY IN 2024. AND ONE OF THE QUESTIONS WERE BREAKDOWN OF THE NUMBER OF THE ABATEMENTS THAT WERE AWARDED TO SINGLE FAMILY VERSUS

MULTIFAMILIES OVER 90% WERE AWARDED SIM SINGLE FAMILY AND NEW POLICY AND WE HAVE A TABLE HERE THAT DEMONSTRATES THAT WE HAD VERY FEW THAT CAME IN UNDER WHAT WHICH CALLED A MISSING MIDDLE OR SMALLER

MULTIFAMILY HOUSING. SO THIS IS A MESS. THIS I REALLY HOPE YOU HAVE THIS IN YOUR HAND. THIS IS JUST A TABLE OF THE 2023 DATA COLOR COULD NATURED BY NEIGHBORHOOD TEARS. AS YOU CAN SEE WE THESE AMOUNTS

ARE IN MILLIONS, SO THE LIFT NEIGHBORHOOD TIER HAD 13 MILLION IN ABATED VALUE. THE EXPAND NEIGHBORHOOD TIER IN THE SAME TIME FRAY I THINK IT IS 12 MILLION, ROUGHLY 13 MILLION, 12 MILLION IN ABATED

VALUE AND THE SUSTAIN NEIGHBORHOOD TIER HAD ABOUT 3 MILLION IN ABATED VALUE. AND THAT KIND OF ALIGNS WITH HOW THE ABATE OR THE LIFT NEIGHBORHOOD DOMINATES THE MAJORITY OF THE CITY'S LANDSCAPE SO YOU

SEE A LOT MORE ABATEMENTS KIND OF OCCURRING IN THOSE NEIGHBORHOODS. WHICH ULTIMATELY I THINK THAT'S KIND OF WHAT WE WANTED TO SEE THOSE IN THOSE THAT I HADS FAKE MORE ADVANTAGE OF THE PROGRAM. AND

THEN SIMILARLY YOU'VE GOT THE SMALLER LANDSCAPE OF THE SUSTAIN NEIGHBORHOODS THAT HAVE THE LESSER AMOUNT OF ABATEMENTS SO, RECOMMENDATIONS? THANK YOU. WE REALLY WOULD LIKE TO SEE IMPLEMENTATION OF THE

2023 REFORM BE IN PLAY FOR ANOTHER LEAST ANOTHER YEAR TO BE ABLE TO COLLECT MORE DATA ON HOW TALL PROGRAM IS OPERATING AND WHAT TYPE OF CITY GOALS IT IS MEETING. HR&A LOOKED BACK OVER A FIVE YEAR

PERIOD WHEN THEY DECIDED TO INSTITUTE TIERS AND REALLY I THINK WE MIGHT HAVE MAYBE TWO STRONG YEARS OF DATA ON THE NEW LEGISLATION, MAYBE A YEAR AND A HALF. IT ALSO ALLOWS FOR THE COMPLETE TRANSITION

OF THE NEW POLICY AND COLLECTION OF MORE DATA. AS PART OF THAT WE CERTAINLY CONSIDER AND ENLISTING ANOTHER THIRD PARTY CONSULTANT TO ASSIST WITH THE PROGRAM ASSESSMENT COMPARED TO WHERE WE ARE NOW

WITH THE ASSESSMENT AND HELP DETERMINE TIER EVALUATION, REALIGNMENT OF THOSE TEARS TIERS, ANY MODIFICATIONS TO THE CURRENT INCENTIVES THAT MAKE SENSE. AND THESE WERE ALL CONSIDERATIONS OF HR&A

CONSIDERATION AS PART OF THE REASSESSMENT. AND ALSO WE LIKE TO CONTINUE TO TRY TO UTILIZE THIS PROGRAM AND LEVERAGE IT TO PROMOTE MORE HOUSING FELT AND HOUSING ACCESSIBILITY. ONE THING I HAD NOTED IN

REPORT THAT I DIDN'T PUT IN THIS PRESENTATION IS THE LIFT OR THE SUSTAIN 'NATIS NEIGHBORHOODS TO HAVE A SMALLER INCENTIVE, BUT HOW CAN WE ENCOURAGE THOSE PROPERTY OWNERS ESPECIALLY THOSE THAT OWN THE

SMALLER MULTIFAMILIES TO MAKE A PLACE WHERE PEOPLE THAT MIGHT WORK IN THOSE NEIGHBORHOODS WHERE THEY CAN LIVE THERE, NOT ONLY JUST WORK THERE BUT LIVE THERE ENJOY ALL THE AMENITIES THERE AS WELL AND

MIGHT BE ABLE TO LEVERAGE THE PROGRAM TO INCENTIVIZE LONGER OR GREATER INCENTIVE THAT WITH PORTABILITY? WILL THAT MOVE IN THE NEEDLE IN ITSELF? IT PROBABLY WON'T. WE OFTEN SEE THAT CITY SUBSIDY MAY

ALSO BE NEEDED BUT YOU KNOW, IF THAT'S SOMETHING WE CAN UTILIZE TO HELP ENCOURAGE MORE AFFORDABLE HOUSING INVESTMENT IN THOSE NEIGHBORHOODS I THINK THAT WOULD BE SOMETHING WE COULD DEFINITELY CONSIDER

AS A CITY. SOME OF THE WE TAKEAWAYS I WOULD LIKE TO HIGHLIGHT WE HAVE INCREASED OUR ENGAGEMENT AND AWARENESS WITH THE REFORM. THAT WHAT WE HAVE UNDERSTOOD THROUGH THE EVALUATING IS THAT MANY PEEL IN

SOME OF THESE LIFT NEIGHBORHOODS WE'RE DOING RENOVATION TO THEIR HOMES BUT NOT UTILIZING THE PROGRAM. SO NOW WE HAVE DONE MORE ENGAGEMENT AND IN COMMUNITIES, TALKED MORE WITH RESIDENTS, WE CONTINUE TO

PRESENT THIS PROGRAM AND HOUSING CONFERENCES. I EACH BELIEVE ON CAGIS WEBSITE IF YOU ARE FILING FOR PERMITS THERE IS A LINK TO CLICK FOR THE RESIDENTIAL TAX ABATEMENT TO BRING AWARENESS THERE AS AS

WELL WHERE IT MIGHT NOT HAVE BEEN THERE OTHERWISE. AND CRA LIKE I SAID IT IS JUST ONE TOOL, IT IS NOT GOING TO SOLVE THE HOUSING CRISIS IT WON'T SOLVED AFFORDABLE HOUSING TRUST IT IS JUST ONE TOOL IN

THE TOOL BOX BUT MOST IMPACTFUL WHEN WE ARE USING OUR PUBLIC PRIVATE PARTNERSHIPS. WE HAVE DONE THAT WITH CDCS QUITE OFTEN WORKING IN NEIGHBORHOODS, MCURC, NEST, WHERE I CALL TRIFECTA WHERE THE CITY

IS NOT ONLY PROVIDING CONSTRUCTION SUBSIDY TO MAKE HOMES AFFORDABLE, WE'RE ALSO PROVIDING A DOWN PAYMENT ASSISTANCE TO OUR AD DIRECTOR PROGRAM AND ON TOP OF THAT THEY ARE GETTING AN ABATE SO IT IS A

TRIFECTA WHAT I CALL OF CITY INCENTIVES THERE WHEN WE ARE ABLE TO WORK WITH SOME CDC AND OTHERS. AND WE ALSO AUTOMATED WE HAVE AWE AUTOMATED ON LINE APPLICATION. WE WERE DEALING PRIMARILY WITH PAPER

PRIOR TO THE REFORM. NOW EVERYTHING IS ON LINE. WE OFFER PAPER APPLICATIONS FOR THOSE THAT DON'T HAVE ACCESS TO COMPUTER OR INTERNET OR JUST HAVE GENERAL DIFFICULTIES WITH IT. WE DO HAVE PAPER

APPLICATIONS BUT THE ON LINE APPLICATION REALLY DOES STREAMLINE EVERYTHING. IT MAKES IT EASIER FOR MATTHEW TO MANAGE THE VOLUME THAT COMES N. IT ALLOWS THEM TO GO IN THEMSELVES AND TRACK THE PROGRESS.

AND THEN LASTLY, THAT HELPS WITH THE ENHANCED ON LINE DASHBOARD WHICH HAVE I ALREADY PRESENTED WHICH JUST CREATES MORE AWARENESS AND LET'S THE GENERAL PUBLIC KIND OF KNOW HOW THE PROGRAM IS, HOW IT

WORKS AND WHERE A LOT OF THE INVESTMENTS ARE OCCURRING. WITH THAT THAT CONCLUDES THE PRESENTATION AND GLAD TO TAKE ANY QUESTIONS YOU MAY HAVE. QUESTIONS OR COMMENTS. Councilmember Jeffreys: VERY GOOD,

THANK YOU SO MUCH FOR THIS, SUPER HELPFUL. I WILL OPEN UP TO MY COLLEAGUES HERE IN A SECOND JUST TO GROUND US BIG PICTURE LIKE I KNOW YOU SAID OVER 2 YEARS THERE WERE 310 OR I GUESS IT WOULD BE SINCE

2023, SO I GUESS THAT'S TWO YEARS OR MORE. CAN YOU GIVE US A SENSE BEFORE THE 2023 ANNUALLY HOW MANY ABATES IN TOTAL, NOT BY NEIGHBORHOOD, DID WE ROUGHLY DO, MAYBE 2024 OR 2025, LIKE ROUGHLY HOW MANY

ABATEMENTS IN TOTAL WERE WE DOING BEFORE? TO THE CHAIR, I WOULD SAY THEY ARE PROBABLY ANYWHERE, 3, 400, THE ABATEMENT PROGRAM IS ONE OF OUR HIGHER VOLUME PROGRAMS BUT IT IS ALWAYS BEEN UP IN THE

HUNDREDS EASY SO YOU ARE AROUND 400. Councilmember Jeffreys: AND THAT'S ANNUALLY. 400 APPLICATIONS. Councilmember Jeffreys: AND 3 SO 10 IS A LITTLE MORE THAN TWO YEARS SO DO WE HAVE A SENSE OF MAYBE

IN 2025 HOW MANY TOTAL WE DID IN TERMS OF TOTAL ABATEMENT. IN TERMS OF OLD AND NEW LEGISLATION? YOU ARE LOOKING AT 123, ROUGHLY ABOUT 300, YEP. SO, ROUGHLY IT HAS REMAINED IF YOU ADD UP BOTH. ROUGHLY

THE SAME IN TERMS OF TOTAL ABATEMENTS. [ ALL RESPOND YES ]. BECAUSE THAT'S ONE OF THE CONCERNS OF WE WOULD LOOSE A LOT OF ABATEMENTS IN GENERAL COLONEL BECAUSE IT WOULD IMPACT CONSTRUCTION AND PEOPLE

WOULDN'T BE REBUILDING. SO, AND THEN IN TERMS OF THE PERCENTAGES, REMIND US BECAUSE THE BIG REASON FOR DOING THIS WAS BEFORE THE VAST MAJORITY WE DIDN'T HAVE THOSE THREE TIERS DEFINED BUT THE VAST

MAJORITY WERE IN THE SUSTAIN NEIGHBORHOODS BEFORE. DO WE -- DO YOU REMEMBER WHAT PERCENTAGE ROUGHLY I MEAN AGAIN WE DIDN'T HAVE LIFT EXPAND SUSTAIN, BUT BEFORE THE REFORM I WANT TO SAY IT WAS AT LEAST

57 PLUS PERCENT WERE IN SUSTAIN, RIGHT? I DON'T RECALL THE EXACT PERCENTAGE BUT ONE OF THE REASONS WE CAME UP WITH THE TIERED SYSTEM WAS BECAUSE THE APPEARANCE WAS THAT A LOT OF ABATEMENTS WERE

HAPPENING IN THOSE PARTICULAR NEIGHBORHOODS, NOT THAT WORK WASN'T BEING DONE IN SOME OF THE OTHER NEIGHBORHOODS BUT BUT THE FOLKS JUST WEREN'T UTILIZING THE PROGRAM AS MUCH. Councilmember Jeffreys: IT

LOOKS LIKE WE'RE PULLING UP THE CHART ON THE, HOLD TIGHT. THERE IS A CHARGE THAT SHOWS THE BREAKOUT. THERE IT IS. YES. THANK YOU FOR PULLING THAT UP. THANK YOU. DO YOU HAVE ANYTHING TO ADD ON THIS

CHART? I I THINK YOU TALKED THROUGH IT BUT ANYTHING ELSE TO ADD ON THIS CHART BECAUSE I KNOW IT WASN'T IN THE ORIGINAL PRESENTATION OR WASN'T IN THE PRESENTATION YOU JUST GAVE. TO THE CHAR I CAN SPEAK

TO FOR THE COMBINED VALUE OF IMPROVEMENTS YOU WILL NOTICE SOME SEAR'S IN THERE. YOU HAVE IMPROVED AND SENT TO THE HAMILTON COUNTY OFFICE. THEY HAVE NOT BEEN VALUED BY THE HAMILTON COUNTY AUDITORS

OFFICE. SO, JUST TO RESAY IT, THOSE ARE ABATEMENTS THAT WE HAVE APPROVED AND WE HAVE SENT THOSE OVER TO THE HAMILTON COUNTY AUDITOR'S OFFICE, THE HAMILTON COUNTY AUDITORS OFFICE HAS YET TO VALUE EYE

THOUGH IMPROVEMENTS FROM THE APPLICATION, SO THUS THERE IS NO NEW VALUE TO PUT ON THIS CHART YET. SO ONCE THE HAMILTON COUNTY AUDITOR'S OFFICE AN ATTRIBUTES VALUE THAT'S WHEN IT GOES OVER TO OUR

DASHBOARD WHICH IS WHERE THIS INFORMATION WAS PULLED FROM. Councilmember Jeffreys: THE TIMEFRAME FOR THIS INFORMATION IS WHAT? AS SOON AS WE APPROVE A APPLICATION WE GET THAT TO THE HAMILTON COUNTY

AUDITOR'S OFFICE, FOR THEIR TIMEFRAME IT VARIES SOMETIMES WE SEE 2-3 WEEKS THEY GET ONE APPLIED, SOMETIMES IT IS MONTHS BEFORE THEY AN EMPLOY THE ABATEMENT. Councilmember Jeffreys: THIS DATA IS SINCE

2023 IT LOOKS LIKE? THIS IS FOR THE 2023 PROGRAM THE ORDINANCE THAT WAS INTRODUCED IN 2023, YES. THIS THE 2023 ORDINANCE BUT IT IS UP THROUGH SEPTEMBER OF THIS YEAR. Councilmember Jeffreys: GOT IT.

GOT IT. HELPFUL. THANK YOU, ONE OF THE OTHER YOU MENTIONED BONUSES ALONG TRANSIT ROUTES OR DO WE WE HAVE ANY INSIGHT OF WHAT, HOW EFFECTIVE THAT HAS BEEN AS A INCENTIVE IN TERMS OF OBVIOUSLY ONE OF

THE THINGS WE'RE MAKING MAJOR DEVELOPMENTS IN BRT AND TRANSIT ROUTES THAT'S ONE OF THE THINGS WE WANTED TO CONSIDER ANY THOUGHTS ON THAT? THAT'S SOMETHING WE WOULD HAVE TO LOOK INTO, CHAIR, TO SEE

WHAT THE IMPACT HAS BEEN OFFERING THOSE TYPES OF INCENTIVES ALONG THOSE MAJOR CORRIDORS. BECAUSE I KNOW THE GOAL THERE WAS TO TRY TO, SIMILAR TO CONNECTED COMMUNITIES IS HOW DO WE GET PEOPLE TO INVEST

MORE ALONG THOSE CORRIDORS AND MAKE MORE WALKABLE COMMUNITIES. THAT'S SOUL WE WOULD HAVE TO LOOK INTO. IF CAN I ADD TO THAT ONE THINK I KNOW PEOPLE ARE AWARE OF THOSE BONUS INCENTIVES. I FIELD CALLS

OUGHT THE TIME WHERE THEY ARE ASKING WHAT'S THE INCENTIVE IF I BUILD WITH OUTSIDE OF A BONUS OR THE PUBLIC TRANSIT CORRIDOR PLUS WITHIN IT. I DO HAVE THOSE CONVERSATION WAS DEVELOPERS ALL THE TIME.

TURN IT OVER TO THE VICE CHAIR. Councilmember Albi: THANK YOU SO MUCH FOR THIS PRESENTATION. I HAVE A COUPLE QUESTIONS. ONE THAT I WANT TO ASK AROUND FROM RESIDENT SPECIFY YOU MENTIONED FOLKS NOT

NECESSARILY KNOWING ABOUT THAT PROGRAM AND GOING A LOT OF EDUCATION SO IF I FIX MY PORCH OR SOMETHING AND I SPEND OVER THAT $2500 THRESH HOLD, HOW LONG DO I HAVE TO APPLY FOR THAT ABATEMENT, IF I

DIDN'T KNOW THAT WAS A THING, DO HAVE I 12 MONTHS, THIS 24 MONTHS? YES, SO YOU HAVE -- YOU HAVE A BASICALLY A KNOWLEDGE UNLIMITED AMOUNT OF TIME PER SE. SO THE ABATEMENT BEGINS ONCE THE HAMILTON

COUNTY OUGHTED FOR OFFICE A TRIBE A AWESOME AWE BAITS ON VALUE IMPROVEMENT. SO IF YOU SUBMIT THE APPLICATION TWO YEARS AFTER THEY DO THAT WE WILL PROCESS AND PROVE YOUR ABATEMENT AND EXTEND TO THEM.

YOU LOSE TWO YEARS ON YOUR ABATEMENT. SO IF YOU SUBMIT A APPLICATION ON 2020 FOR A TEN YEAR TERM IT WOULD RUN FROM 2020 TO 2030 BUT YOU WOULDN'T REALIZE THE INCENTIVE UNTIL 2022 TO 2030. >>

Councilmember Albi: THANK YOU FOR THAT, I THINKS YOU MENTIONED THAT TO ASK AGAIN, CAN SOMEONE HAVE LIKE MULTIPLE AMENDMENTS BE ABATEMENTS ON THEIR PROPERTY AT ONCE. SO I FIXED MY FRONT PORCH IN 2023

AND THEN IN 2026 I EFFECTS A CHIMNEY BEINGS MAKING THINGS UP, CAN I APPLY FOR THOSE BOTH STAGGERED TIMING? ABSOLUTELY. ONE THING TO NOTE IS THEY DON'T, THEY ARE TWO SEPARATE ABATEMENTS DON'T RUN

CONCURRENTLY, CAN YOU NOT EXTEND LIKE YOU CAN'T HAVE ONE ABATEMENT, DO MORE WORK AND EXTEND THAT ABATEMENT. CAN JUST GET A NEW ABATEMENT FOR THE WORK THAT WAS DONE AFTER THE ORIGINAL WORK, THE

ORIGINAL ABATEMENT. Councilmember Albi: I HAVE SOME QUESTIONS SPECIFICALLY LOOKING BACK I WAS NOT HERE IN 2023, I THINK WE'RE ABOUT 3 AND 3 SPLIT THOSE OF US WHO WERE MERE 2023 AND THOSE WHO CAME

AFTER. BUT ONE THING I NOTICED IN THE 2023 ORDINANCE IS THERE A REFERENCE REGULARLY TO THE HOUSING OFFICER CAPITALIZED. WHO IS THE CITY'S HOUSING OFFICER? THE HOUSING OFFICER WAS -- IT WAS THE

DIRECTOR -- DIRECTOR OF COMMUNITY AND ECONOMIC DEVELOPMENT AND RIGHT NOW WE'RE WORKING WITH LAW TO REESTABLISH WHO THE HOUSING OFFICER IS WITH THE RESTRUCTURE OF DCED INTO DORS AND OSG. Councilmember

Albi: SO WHAT IS -- SO WHAT IS NEEDED TO DECIDE WHO THAT IS? IS THAT A CITY MANAGER JUST NEED APPOINT SOMEONE? I DON'T KNOW IF THIS QUESTION FOR LAW? I SEE FINGER HOVERING OVER THE MIC. WHAT WOULD IT

TAKE BECAUSE THE HOUSING OFFICER HAS A LOT OF RESPONSIBILITIES IN THIS ORDINANCE AND I DON'T KNOW WHAT THAT IS. IS THIS WORKING, FIRST TIME ON THE NEW MONEY. YES, TO THE CHAIR TO THE COUNCILMEMBER

YES. THE ADMINISTRATION HAS BEEN AS PART OF THE TRANSITION FROM DCED TO OSG ADDRESSING THE HOUSING OFFICER WHO PREVIOUS WHY ILY BEEN THE DIRECTOR OF COMMUNITY AND AN ECONOMIC DEVELOPMENT TO ADDRESS

FOR COMMERCIAL CRA DEPUTY DIRECTOR OF OFFICE OF STRATEGIC GROWTH AND COMMERCIAL CRA AND CLARIFICATION OF THAT PROSY WILL BE FORTH COMING BUT YES THE SHORT ANSWER IS TRANSITIONS FROM THE FORMER

DIRECTOR OF DCED TO OFFERS OF STRATEGIC GROWTH DEPUTY DIRECTOR. I GUESS WHY WOULD IT GO TO THE OFFICE OF STRATEGIC GROWTH IF WE HAVE DORS WHO SEEMS TO BE OVER THIS ABATEMENT POLICY? THAT'S WHO HE IS

PRESENTING TODAY, CORRECT? THERE IS TWO CRAS HERE RELATED PROGRAM THAT WE JUST PRESENTED TODAY AND COMMERCIAL PROGRAM THAT IS PRIMARILY ADMINISTERED OUT OF OSG. THEY DEAL WITH THE MORE COMMERCIAL

PROPERTIES ANY RESIDENTIAL DWELLING PROPERTIES ABOVE 4 UNITS HOTELS, OFFICE SPACE, THAT'S OUT OF OFFICE OF STRATEGIC GROWTH. Councilmember Albi: PERHAPS WE NEED TO CLEAN UP THIS ORDINANCE BECAUSE THE

HOISTING OFFICER PER THIS LANGUAGE IN THE 2023 ORDINANCE IT SAYS IN SECTION C THE CITY COUNCIL REQUESTS THE HOUSING OFFICER REASSESS THE NEIGHBORHOOD DESIGNATION IN 2B, OUR LIFT TIERS BASED ON

CRITERIA CONSIDERING ANY UPDATES TO DATA SUPPORTING THE CRITERIA EVERY THREE YEARS. CITY COUNCIL REQUESTS PRESENT SUCH REASSESSMENT TO CITY COUNCIL FOR APPROVAL, NO LATER THAN SEPTEMBER FIRST, 2026,

AND EVERY THREE YEARS THEREAFTER SO CITY COUNCIL MAY REEVALUATE THE NEIGHBORHOOD DESIGNATIONS. SO, OBVIOUSLY THAT REASSESSMENT HASN'T HAPPENED. IT SOUNDS LIKE WE DON'T KNOW WHO YET WOULD BE IN CHARGE

OF THAT SO I DON'T KNOW WHAT WE NEED TO DO TO CLEAN UP THAT LANGUAGE IF THE SCOPE OF THIS ORDINANCE IS MEANT FOR THE HOSESSINGS OVER TO BE OVER THIS RESIDENTIAL TAX ABATEMENT PROCESS BUT WE'RE SAYING

THIS NEW OFFICER WILL BE IN THE COMMERCIAL. SO I THINK THAT NEEDS TO BE CLARIFIED AND CLEANED UP BUT I THINK THE FACT THAT WHICH DON'T HAVE THAT PERSON IN PLACE OR IDENTIFIED YET ANSWERS ONE QUESTION

WHY WE HAVEN'T DONE REASSESSMENT. SO I WILL ASK MORE FISK BY THAT REASSESSMENT. WE KNOW THE AUDITOR IS ABOUT TO DO THEIR PROPERTY REASSESSMENTS. CAN YOU TALK A LITTLE BIT ABOUT HOW WHAT THE SAWED

TORIES GOING TO DO PLAYS INTO HOW WE WILL LOOK AT EVALUATING OUR PROCESS AND HOW IT WILL IMPACT OUR POLICY HERE IN TIMING? TO THE CHAIR, TO THE COUNCILMEMBER. YEAH, WHAT WE SAW FROM THE LAST

ASSESSMENT IS MOST PEOPLE'S PROPERTY VALUES WENT UP AND I THINK THAT'S SOMETHING WE CERTAINLY CAN LOOK INTO AS PART OF THE RES EVALUATION BUT I DON'T KNOW IF I HAVE A GOOD ANSWER FOR YOU BUT I THINK

YOU ARE RE EVALUATING THE PROGRAM ASIDE FROM WHO THE HOUSING OFFICER IS GOING TO BE, WE HAVE GOT TO LOOK AT A LOT OF DIFFERENT FACTORS, CERTAINLY I THINK IN SOME OF THESE NUMBERS COVID MIGHT HAVE

PLAYED I ROLE IN THE NUMBER OF AMENDMENTS ACCOUNTS ABATEMENTS BECAUSE PEOPLE WEREN'T DOING WORK COMING OFT COVID. WE HAVE TO LOOK AT THE NEIGHBORHOODS, CONSTRUCTION COSTS WHICH ARE PRETTY MUCH STATIC

FROM NEIGHBORHOOD TO NEIGHBORHOOD. OBVIOUSLY TOPOGRAPHY WILL PLAY A ROLE IN HOW MUCH IT WILL COST TO YOU BUILD ON A PARTICULAR SITE BUT WOODIES THE SAME, THE WOOD WILL COST THE SAME, DRY WALL WILL

COST THE SAME SO I THINK YOU GOT TO LOOK AT ALL THOSE FACTORS I'M NOT SURE WHERE THE CONCERNITY OR STATES ASSESSMENT AND REEVALUATION OF THE PROPERTY TAXES WILL PLAY INTO THAT I CERTAINLY THINK THAT'S

REALLY WHERE THE ABATEMENT CAN BE HELPFUL IS, YOU KNOW, THE WHOLE THING IS YOU WANT TO LOCK PEOPLE'S TAX IS IN FOR THE INVESTMENT THEY ARE MAKING IN THE CITY AND IF WE CAN DO THAT AND, YOU KNOW, THEY

ARE NOT SUBJECT TO A LOT OF THOSE REASSESSMENTS THAT'S WHAT IT WAS INTENDED TO DO BUT ARE NOT REINVESTING IN THEIR PROPERTIES AND MAYBE LIVING NEXT TO A FEW LOTS THAT HAVE JUST BEEN DEVELOPED AND YOU

KNOW THEY ARE GOING TO AUTOMATICALLY MAYBE BE FEEL THE RESULTS OF THOSE PROPERTY TAXES ON THEIR OWN PROPERTY AND THAT'S A SIDE FROM, YOU KNOW, THE TRIANGLE ASSESSMENT ITSELF THAT'S CERTAINLY SOMETHING

THAT WILL PLAY A FACTOR INTO IT BUT THESE ARE THINGS THAT YOU HAVE TO LOOK AT. I FLOW FROM MY SPECIFY THERE ARE TWO LEVIES ON THE BALLOT, JUST TWO FOR PROPERTY TAXES IT IS ISSUE 10 AND ISSUE 3? THE

COMPANIES AND CHILD SERVICES ALMOST I THAT WILL PLAY A FACTOR AND REASSESSMENT RECALL NEXT YEAR FROM THE STATE AUDITOR. SO I SUPPOSE FROM MY PERSPECTIVE WHAT IS THE TIMING FOR WHEN WE CAN AS A CITY

EVALUATE WHETHER OR NOT THIS TIERED SYSTEM IS SPILL DRIVE THE THAT WE INN ENDED TO LOOKING AT ARE WE STILL INCENTIVIZING THOSE LIFT NEIGHBORHOODS WHILE ALSO ENSURING REHABS AND DEVELOPMENT IN THOSE

SUSTAIN NEIGHBORHOODS ISN'T NEGATIVELY IMPACT THE. SO WHAT IS THE REALISTIC TIMING OF WHEN WE WILL HAVE ALL THE DATA AND KNOW ALL THESE DIFFERENT MOVING PIECES TO REALLY ACT, I DON'T KNOW IF ACT IS

PROVIDE A ROBUST ANALYSIS OF WHETHER OR NOT THIS POLICY MOVED US IN THE DIRECT WE HOPED IT DID. WE TYPICALLY WILL HAVE ANYWHERE FROM 300 TO 400 ABATEMENTS APPROVED EACH YEAR AS I STATE STATE OF THE

CITIED EARLIER IN 2023 WHEN THE LEGISLATION TOOK PLACE OR WAS IMPLEMENTED WE HAD NO ABATEMENTS FALLING UNDER THE NEW POLICY AND THEN THE FOLLOWING YEAR WE HAD 75 OUT OF WHAT, MAYBE ALMOST 400 THAT

FELL UNDERNEATH THE POLICY. SO WE REALLY WOULD LIKE TO SEE MAYBE AT LEAST ANOTHER YEAR TO LET THE OLD PROGRAM KIND OF PHASE ITS WAY OUT. AND THEN LET THE NEW LEGISLATION BE THE PREDOMINANT INCENTIVE

THAT PEOPLE ARE UTILIZING. Councilmember Albi: THANK YOU. SO I THINK, JUST A COUPLE MORE COMMENTS AND THEN I WANT TO PASS IT TO MY COLLEAGUES. I THINK WAS A COUNCIL PROBABLY NEED TO GO THROUGH THIS

2023 AND DO SOME CLEAN UP, WHETHER IT IS AROUND THE HOUSING OFFICER, ALSO THE TIME LINE OF WHEN THESE ASSESSMENTS 457 HAPPEN. IF WE DON'T HAVE ENOUGH DATA EVERY THEY'RE YEAST TO BE ABLE TO SAY WHETHER

OR NOT THE TEARS ARE, WOULD GO THEN WE SHOULD LOOK AT THAT AND MAYBE EVEN LINE IT UP A LITTLE BIT MORE WITH THE AUDITOR'S ASSESSMENTS SO WE'RE IN SYNC THERE. THE OTHER PIECE THAT STOOD OUT TO ME THAT

PROBABLY NEEDS A FACE LIFT OR AN UPDATE IS IN SECTION 8 AND A BIT WHAT THE CHAIR WAS TALKING ABOUT AROUND PUBLIC TRANSIT AND BRT. WE HAVE HERE NEW CONSTRUCTION AND REMODELING ALONG THE PUBLIC TRANSIT

CORRIDOR. AT THE TIME IT IT WAS IDENTIFIED AS 24 HOUR BUS LINES. I THINK WE HAVE AN OPPORTUNITY TO ALIGN WITH IT WITH GEOGRAPHY THAT WE USE FOR COMMUNITY CENTER TO BETTY JEAN DANIELS ROSEMOND AND THAT

AREA. SO, I THINK THERE IS PROBABLY WORK WE CAN DO THROUGH THIS COMMITTEE TO REALLY UPDATE THIS POLICY EVEN WHILE WE'RE STILL WAITING FOR UPDATED ANALYSIS ASSESSMENT TO MAKE SURE THAT THIS ALIGNS WITH

THE DIRECTION WE'RE MOVING. SO, I HAVE MORE QUESTIONS. I WILL TAKE THEM OFF LINE BUT THANK YOU, CHAIR. Councilmember Nolan: THANK YOU FOR THE UPDATE, GLAD WE GOT THE PRESENTATION THE ONE POSTED ON

LINE WORKS FINE. I THINK WE WERE ABLE TO REVIEW IT IN ADD AN ADVANCE I APPRECIATE THAT. CAN YOU TALK A LITTLE BIT ABOUT WHAT CALL -- WHAT EXPENSES QUALIFY FOR AN ABATEMENT? I KNOW COUNCILMEMBER ANNA

ALBI WAS THROWING EXAMPLES OUT THERE FOR EXAMPLE, REDOING YOUR PORCH IF YOU ARE REDOING THE RAILINGS, PAINTING IT, IN MY UNDERSTANDING THOSE ARE NOT EXPENSES THAT QUALIFY FOR AN ABATEMENT, THINGS LIKE

REDOING YOUR CITY MANAGER, REDOING A BATHROOM, REDOING YOUR ROOF OR GUTTERS OR WINDOWS, NONE OF THOSE ARE ELIGIBLE EXPENSES, IS THAT RIGHT? TO THE CHAIR, TO THE COUNCILMEMBER, SO YOU ARE ELIGIBLE TO

SUBMIT A APPLICATION WITH THOSE EXPENSES INCLUDED ON YOUR APPLICATION. THE CAVEAT COMES WHEN WE SUBMIT THIS TO THE HAMILTON COUNTY AUDITOR'S OFFICE, THEY MAY LOOK AT THIS APPLICATION AND SAY WE FEEL

LIKE THESE ITEMS ARE MORE HOME MAINTENANCE AND NOT IMPROVEMENTS TO YOUR TAXABLE VALUE. SO IF THAT'S THE CASE, THEN THEY DO NOT ADD VALUE THUS THERE IS NOTHING TO ABATE. SO, WHILE THEY ARE ELIGIBLE FOR

A PROGRAM, THEY MAY NOT HAVE TAXABLE VALUE TO YOUR HOME WHICH COMES WITH THE CAVEAT WOULD YOU HAVE NO NEW VALUE TO ABATE ON YOUR HOME. Councilmember Nolan: THANK YOU, APPRECIATE THAT DISTINCTION. NOT

EXACTLY THE WAY I FRAMED IT. SO THANK YOU. SO IF BASED ON HOW THE COUNTY IS VALUING PROJECTS, IF YOU ADD SQUARE FOOTAGE, THAT WILL BY THE MATH THAT THEY USE ADD VALUE AND THE EXPENSE IT'S THAT YOU

HAVE INCURRED WOULD LEAD TO A TAX ABATEMENT. BUT IF YOU SLAP A HISTORIC DESIGNATION ON A NEIGHBORHOOD AND THEY HAVE HIGHER EXPENSES REQUIRED TO MAINTAIN THAT NEIGHBORHOOD, THOSE EXPENSE RECENT LIKELY

NOT GOING TO QUALIFY FOR AN ABATEMENT. CORRECT, THERE IS A CHANCE THAT THE AUDITOR SEES THAT AS MAINTENANCE OR SOMETHING ALONG THOSE LINES AND NO VALUE ADDED. Councilmember Nolan: JUST A ADDED EXPENSE

WITH NO BENEFIT. GOT IF, THANK YOU. Councilmember Jeffreys: VERY GOOD, THANK YOU AGAIN FOR BEING HERE, SUPER HELPFUL. APPRECIATE YOUR ANALYSIS. WE'LL FOLLOW-UP ON I KNOW THERE ARE SOME QUESTIONS. I

THINK THE CLEAN UP OF THE ORIGINAL ORDINANCE WHILE WE WAIT FOR REFRESH OF IT MAKE ACE LOT OF SENSE. THERE ARE A FOOT THINGS WE CAN DO THERE AND WE'LL FOLLOW-UP. TO THE TO THE CHAIR, COULD THE

COUNCILMEMBER, WE ARE ACTIVELY WORKING ON THAT WITH LAW DEPARTMENT JUST SO YOU ARE AWARE. Councilmember Jeffreys: AWESOME, THANK YOU. GOOD, GOOD, WITHOUT OBJECTION WE'LL FILE AGENDA ITEM 2 AND 3. ITEM

4 IS FATHERLY EXCITING: AUTHORIZING CITY MANAGER TO EXECUTE A DEVELOPMENT AGREEMENT WITH SS ESTECREEK LLC AND PROPERTY LOAN LOCATED AT 5051 ESTE CREATE CREEK IN WHICH TOWN HILLS. REACTIVATING COURT

OWNED PROPERTY INTO A COLD STORAGE FACILITY THAT THE FACILITY WILL BE LEASED TO THE CHEF'S WAREHOUSE, NATIONAL SPECIALTY FOOD SERVICE DISTRIBUTE OR WHICH WILL RELOCATE FROM QUEENSGATE TO RAPHANIA

HUNDRED PERMANENT FTE JOBS WITH OVER 10 MILLION IN ANNUAL PAYROLL AND CREATE HOW PERM PERMANENT NATIONAL FTE JOBS WITH 4 MILLION IN ANNUAL PAYROLL. EXCITING, APPRECIATE EVERYONE'S WORK IN THE

ADMINISTRATION ON THIS AND APPRECIATE ESTECREEK CREEK'S INVESTMENT IN THE CITY. SO WITHOUT ANY OBJECTION WE WILL PUT THAT ON FOR PASSAGE. VERY GOOD. WITHOUT ANYTHING ELSE THIS MEETING IS ADJOURNED.

-CAPTIONING QUESTIONS CALL 305-3991. PROGRAM INFO VISIT WWW.CINCINNATI-OH.GOV/CITICABLE.