• Skip to primary navigation
  • Skip to main content
Cincinnati Development Fund

Cincinnati Development Fund

  • Home
  • About
    • About Us
    • Staff Directory
    • Board of Directors
    • Careers
  • Lending
  • Portfolio
    • Affordable Housing
    • Arts and Education
    • Commercial
    • Mixed-Use
    • New Markets Tax Credits
    • Nonprofits
    • Residential
    • Storefront Activation
  • Impact
  • Investors
  • Contact
  • Show Search
Hide Search
Home/Portfolio/Mercer Commons

Mercer Commons

CDF’s New Markets Tax Credits helped finance Mercer Commons, a multi-phase development that involved rehabilitating 19 historic buildings and developing 26 vacant lots over a 3-acre site. Phase I included construction of a 340-space parking garage, 3,900 sf of commercial space, and 28 units of housing. Phase 2 added 67 apartments (30 affordable) and 13,725 sf of commercial space. Mercer Commons was catalytic, spurring residential and commercial development on adjacent and nearby blocks in this distressed neighborhood.

Neighborhood: Over-the-Rhine

Impact:

  • 67 apartments (30 affordable)
  • 28 condos/townhomes
  • 14,500 sf of commercial space
  • 750 construction and 60 permanent jobs

Amount: $4,728,000

Published on:
April 20, 2021

Footer

1224 Race Street
Cincinnati, Ohio 45202
(513) 721-7211

Copyright © 2023

Follow Us

  • Facebook
  • Instagram
  • Twitter
  • Contact
  • About Us