File #: 202402237    Version: 1
Type: Motion Status: Agenda Ready
File created: 10/22/2024 In control: Budget and Finance Committee
On agenda: 10/28/2024 Final action:
ORD/RES# date: ORD/RES#:
Title: MOTION, submitted by Vice Mayor Kearney, WE MOVE that the administration work with City Council to create a "Buy the Building (BTB)" program to assist small businesses in obtaining ownership of a building in which they will house this business. The City of Cincinnati's Department of Community and Economic Development and the City's Office of Equity would work together to create and then track the progress of the program, including participants' demographics - race, gender and other factors - and report to Council on a quarterly basis. (BALANCE ON FILE IN THE CLERK'S OFFICE) (STATEMENT ATTACHED)
Sponsors: Jan-Michele Kearney
Attachments: 1. Motion

title

MOTION, submitted by Vice Mayor Kearney, WE MOVE that the administration work with City Council to create a “Buy the Building (BTB)” program to assist small businesses in obtaining ownership of a building in which they will house this business. The City of Cincinnati’s Department of Community and Economic Development and the City’s Office of Equity would work together to create and then track the progress of the program, including participants’ demographics - race, gender and other factors - and report to Council on a quarterly basis. (BALANCE ON FILE IN THE CLERK’S OFFICE) (STATEMENT ATTACHED)

recommendation

BUDGET AND FINANCE COMMITTEE