Tuesday, September 29, 2009

Capital, CDBG accounts approved for Peebles Corner

Cincinnati City Council has approved unanimously an ordinance creating two new accounts for improvements in and around Peebles Corner in Walnut Hills.

A new capital project account will be created with $1.5 million from two existing funds and will be used to remove blighted buildings, rehabilitate several buildings along E McMillan Street, and improve public infrastructure.

Additionally, a new Community Development Block Grant (CDBG) project account will be created with more than $140,000 from two existing CDBG accounts and will be used to acquire and demolish dilapidated buildings along E McMillan Street – between Kemper Lane and Concord Street – as well as on the streets southwest of the E McMillan Street/Gilbert Avenue intersection.

Previous reading on BC:
Money could come to Peebles Corner (9/9/09)