OTR transitional housing moving to McMicken

45-47 E McMicken Avenue

City Council has voted unanimously to extend a forgivable loan to Over-the-Rhine Community Housing for an affordable housing project.

The loan of $881,000 comes from federal HOME funds and will be used to rehab the building at 45-47 E McMicken Avenue into transitional housing.

The completed building, called McMicken Transitional Housing, will include nine efficiency apartments and three one-bedroom units. An on-site office will be staffed by representatives from the Drop Inn Center.

Units will be made available to people with a gross income at or below 60 percent of area median income.

Transitional housing had been located at Twelfth and Elm streets. That site was demolished for the future School for the Creative and Performing Arts.

Construction on the new site is expected to cost just over $1 million. The funding gap will be closed with a $134,000 grant.

Completion should be expected in about a year.

Federal HOME grants are given to states and localities to create affordable housing for low-income people.

The program, which is administered by HUD, allocates about $2 billion per year.

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