For Immediate Release:

July 11, 2023

Contact: NALHFA

202-367-2319

info@nalhfa.org

The Port of Greater Cincinnati Development

Authority Joins NALHFA

WASHINGTON, DC – The National Association of Local Housing Finance Agencies (NALHFA) announced today that The Port of Greater Cincinnati Development Authority (THE PORT) is its newest member.

NALHFA is the leading local affordable housing advocate, influencing the shape and content of congressional legislation and agency regulations affecting the affordable housing finance industry.

The Port is a quasi-governmental economic development agency in Hamilton County, Ohio, focused on the equitable redevelopment of commercial and residential property. In 2001, The City of Cincinnati and Hamilton County established The Port to fix broken real estate and promote job creation through the revitalization of abandoned housing, blighted business districts, and shuttered manufacturing sites.

In January 2022, The Port expanded on its mission to make real estate work for everyone in Hamilton County by initiating an unprecedented purchase of 194 single-family homes previously owned by an out-of-town investor. Known as the CARE Homes initiative (Creating Affordable Real Estate,) The Port’s intent is to repair each home and sell them to Greater Cincinnati residents to increase equitable local homeownership.

“As both a public finance and economic development agency, The Port is able to make an impact on affordable housing by tapping into federal advocacy programs while also lending our experiences in the field to guide and inspire more equitable outcomes,” said Laura Brunner, President and CEO of The Port. “Throughout the last three years, I have had the opportunity to make connections and gain best practices from industry leaders who enthusiastically recommended NALHFA as a resource, and that’s all I needed to hear to join,” she added.

The Port looks forward to utilizing the educational resources of NALHFA and participating in a network of like-minded professionals to curb unprincipled single-family activity in the Cincinnati region. Its leadership believes membership in this organization will be a catalyst for improving housing policy on the local level.

For more information on THE PORT, click here.    

For more information about NALHFA, click here. 

###



About NALHFA: The National Association of Local Housing Finance Agencies (NALHFA), founded in 1982, is the national association of professionals working to finance affordable housing in the broader community development context at the local level. As a non-profit association, NALHFA is an advocate before Congress and federal agencies on legislative and regulatory issues affecting affordable housing and provides technical assistance and educational opportunities to its members and the public. Members are city and county agencies, non-profits, and private firms, such as underwriters, consultants, financial advisers, bond counsel, and rating agencies, which help in producing housing from concept to completion.