top of page

In The News: New Cleveland housing investment fund aims to fill gaps in the market as costs rise (News 5 Cleveland)

  • sam54407
  • Apr 2
  • 1 min read



Excerpt: CLEVELAND (March 18, 2025) — At a former elementary school on Cleveland’s West Side, the corridors don’t lead to classrooms anymore. Lockers still line the walls. But they’re waiting for tenants – not kids – to stash their stuff.


A local development group is almost done turning the historic Nathaniel Hawthorne School into 37 apartments, with rents starting around $1,100 a month. The goal is to build a community that nurses, schoolteachers and young professionals can afford...


...On Tuesday, Mayor Justin Bibb and officials from the LISC, a national nonprofit community development organization, announced the formal debut of an investment fund designed to meet a deep need for mid-priced housing.


The Cleveland Housing Investment Fund will provide flexible loans – and, in some cases, preferred equity – for developers of rental and for-sale housing. Those investments will be aimed at relatively small projects like Hawthorne, with less than 50 units.


4 Comments


maxwellmarco
Jun 24

There are many free and commercial online plagiarism checkers with different features and levels of accuracy. Employing a plagiarism report maker ensures that your work is original and credible if you are writing a thesis, article, or school paper. Hiring them promotes an honest and responsible learning atmosphere while protecting your work. They are simple to apply and typically support a range of file formats such as DOC, PDF, and TXT. Some plagiarism detection software also offers comprehensive results with similarity percentages along with references to the related sources. In order to stay out of trouble and maintain their academic standing, many students utilize these resources prior to turning in assignments. To assess students' work impartially, teachers in educational institutions use…


Like

Mitesh Sen
Mitesh Sen
Jun 04

In my point of view, Large Cap Mutual Funds are one of the strongest and most stable options in the mutual fund industry. I personally invested in them with full confidence and without any second thoughts. These funds give a sense of security and long-term growth potential. If someone is looking for steady returns with less worry, this category truly feels like a smart and stress-free investment choice.

Like

Pierre Jordane
Pierre Jordane
May 09

Lors d’un cadeau de naissance, j’ai découvert Keeko et j’ai opté pour un coffret coordonné bonnet, chaussons et body. L’option de personnalisation des initiales brodées a ajouté une touche unique, et le packaging soigné a fait sensation à l’arrivée. La douceur du coton et la finition sans étiquette irritante conviennent parfaitement aux peaux sensibles. Un service clé en main, simple et élégant, qui a fait des heureux chez les nouveaux parents.

Like

Pierre Jordane
Pierre Jordane
May 09

Pour offrir un cadeau utile et stylé, j’ai choisi Jebtlik : leur rubrique “idées cadeaux” propose des accessoires de mode et de maison, du porte-clés gravé aux lampes design, le tout avec des fiches détaillées et les avis clients directement visibles. Un vrai gain de temps pour surprendre mes proches.

Like
bottom of page