The Cincinnati Metropolitan Housing Authority says it will sell a portion of City West a year after taking ownership of the 25-year-old West End housing development.
CMHA CEO Gregory Johnson says the sale is part of a larger plan to rehabilitate the rest of the complex to make it sustainable long-term. That project will start this time next year, could cost $200 million and be done by 2030, the housing authority estimates.
CMHA will partner with developers Gorman & Company on the larger renovation of City West. That process will make use of HUD’s Rental Assistance Demonstration program as well as other funding sources. According to CMHA documents, it will take place in three phases and will involve applications for Low Income Housing Tax Credits in 2026, 2027 and 2028.
Sale of housing
In a discussion with media Friday, Johnson acknowledged the sale of some of City West could cause anxiety among residents. But he said the housing authority is committed to making sure the 93 households living in the units going up for sale have a place in the neighborhood…