Cincinnati City Council looks at creating project scorecard to award incentives

The recent “battle” at Cincinnati City Hall over whether an $80 million Over-the-Rhine development project had to include affordable housing demonstrated the need for more clarity on the city’s priorities when considering financial incentives for real estate developments, reports. City Councilman Greg Landsman proposed a scorecard that would outline a project’s attributes “such as affordable housing, neighborhood input, inclusive contracting or local hiring” to help the council decide “whether a development project gets assistance from the city,” according to the article. The Council’s Budget and Finance Committee asked for further refinement to the proposed scorecard. For more, read the full article.

Economic Development, Financial Incentives, State Updates