Port approves $52M bond financing for Mill Road project
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Description
The Port Board approved Resolution 2026-01 authorizing a financing agreement with The Preserve at Mill Road Springfield Township, LP for a 216-unit affordable multifamily project. The action enables issuance of up to $52 million in revenue bonds to support construction and furnishing of housing for low and moderate income residents.
Contract Details
Contract Amount
Up to $52,000,000 in revenue bonds
Vendor
PRESERVE AT MILL ROAD SPRINGFIELD TOWNSHIP LP
Agency
Port Of Greater Cincinnati Development Authority, OH
Contract Type
FINANCIAL_SERVICES
Document Date
February 11, 2026
Issuing Agency
Special District
Cincinnati, OH
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