A motion to explore an incentive program to convert multi-family properties to single-family homes has been adopted by Cincinnati City Council.
The proposal, which was offered earlier this month by Councilmember Laketa Cole, will now be studied by the City Manager's office.
Cole hopes that the program will help restore communities by replacing blighted, neglected rental units with homeownership - leading to reinvestment and an increased tax base.
Many of Cincinnati's large turn-of-the-century homes have been carved up into multiple apartments, which are often a substandard last option for their tenants.
Previous reading on BC:
Cole: Incentivize conversion of multi-families (3/18/08)
Friday, March 28, 2008
Cincinnati motion on multi-families adopted
