Friday, December 15, 2006
Posted by The Dean of Cincinnati
We all know about 3CDC (Cincinnati Center City Development Corporation), but what do you know about 2CDC (Cincinnati Community Development Corporation)—the rumors of which have started burbling to the surface? If you like our City’s planning being heralded by private corporations with no transparency, then read no further—2CDC might be the plan for you. But if you are like the rest of us, concerned at the hyper-privatization and corporatizing of public interests, then maybe it’s time to get ahead of the curve on the 2CDC rumors.
We first heard the name 2CDC on October 15, 2006, when Michael Earl Patton left this comment on an article he had written:
It seems, though, that some in the city are thinking about taking over all of the different redevelopment corporations that the different neighborhoods operate and consolidate them into one big corporation tentatively called “2CDC.” One immediate effect would be to make the workings secret, just like 3CDC. Somehow 2CDC would have access to many millions of dollars more, too, as the goal would be to ramp up the construction of different projects around town. Well, we saw what they were able to do with $43 million at Fountain Square. Just imagine what could be down if they had some real money to spend.
And, as of the publication of this article, that comment is the single hit we can find when searching the internet for “2CDC.” So, we decided to start asking some questions.
Councilmember Chris Bortz, whose father sits on the 3CDC board, said there was not yet a plan for 2CDC. “The idea is to explore what neighborhood level development corporations need to get projects implemented,” said Bortz. “Some early research showed that most CDC’s lack money, skill, and time (since they are generally staffed by volunteers). A larger CDC that had the whole city in its mission could provide those skills as needed. GO Cincinnati will explore the idea in greater depth as we finalize our agenda. “
Sarah Petrie, from The Legal Aid Society of Greater Cincinnati, recently distributed an email newsletter to the Hamilton County Homeowner Preservation Group. In it, she announced an upcoming event with Chris Bortz, who she called one of the authors of the 2CDC plan:
* Monday, January 22nd at 4:00 pm at United Way:
Chris Bortz, Chair of the Economic Development Committee and one of the authors of the 2CDC plan, will be meeting with the Hamilton County Homeownership Preservation Group. Thank you to Mary Anne Berry for making that happen.
The details are admittedly sparse, but Petrie seems overly fixated on Bortz’s role as author of a plan that does not yet exist.
We had heard that Councilmember Leslie Ghiz had some involvement in the 2CDC plan, so we contacted her and asked.
“It was a concept floated by Berding and Bortz, and I wasn’t really involved,” said Ghiz. “It looks like it may be rolled into City Hall Works (which is on-going).”
We were able to locate an August 4th letter signed by Bortz and Berding, addressed to Mayor Mark Mallory. The letter indicates their desire to use money from the sale of the Blue Ash Airport in establishing 2CDC:
For the past several months, our two offices have discussed many alternatives for driving neighborhood vitality in a strategic manner. We have come to believe that an integral part of any comprehensive plan to promote neighborhood health will need to include a centralized community development corporation. A “Cincinnati Community Development Corporation” (or 2CDC) would have the technical expertise and financial capacity to make a tremendous impact on our neighborhoods.
(...)
We would like to announce funding sources to initiate 2CDC at, as per your suggestion, $50M. Of that total, approximately $35M could come directly from the sale of the Blue Ash airport land through an immediate bond issuance (leaving a small sum that might be properly allocated to the Arts community), the Local Initiatives Support Corporation (LISC—which would also bring significant expertise in analysis and underwriting), and the Cincinnati Development Fund (CDF). Other funding could be generated through the elimination of redundant FTE’s in the Department of Community Development and Planning as a result of this newly created development corporation.
So if, like us, you have been hearing rumors about a 3CDC-like corporation to take over development for all of Cincinnati’s neighborhoods, then here is the latest we have been able to uncover.
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