Affordable Housing Leverage Fund: A New Tool for Supporting Affordability
November 17, 2022
Moderator:
Kristen Baker, Executive Director, LISC Greater Cincinnati
Panelists:
Robie Suggs, Chief Lending Officer, Cincinnati Development Fund
Luke Blocher, Chief Strategy Officer, Cincinnati Development Fund
Mo Adlon, Senior Loan Officer, Cincinnati Development Fund
Ben Eilerman, Project Manager, Over-the-Rhine Community Housing

Click the link to view the presentation: Housing Our Future: Affordable Housing Leverage Fund Slide Deck

Staff from the Cincinnati Development Fund (CDF) explore the Affordable Housing Leverage Fund and its role in funding affordable housing. CDF manages the Affordable Housing Leverage Fund (also referred to as the “fund of funds”). The AHLFwas established to address the financial gaps inherent in the development of affordable housingby aggregating funding to provide a new and flexible source of financing tools to developers that will expand production and preservation of units by existing developers, entice new developers in the market, and attract new sources of private and public funding. Initial commitments to the fund include the City of Cincinnati Affordable Housing Trust Fund and other public and private funding sources.