The funding comes through a partnership between Greater Cincinnati Foundation and the Carol Ann and Ralph V. Haile, Jr. Foundation, which are backing a mix of projects focused on economic stability and quality of life.
The foundation’s new home — in the former People’s Liberty Bank building now named Ralph Haile Square — carries deep significance for the organization and the Haile family.
The installation will become a central point of the Covington Central Riverfront neighborhood, an emerging district that aims to better connect the city to the waterfront.
The new artist directory will feature multidisciplinary creators from the Greater Cincinnati region. The project will be led by the Cincinnati Regional Chamber.
The $3.8 million acquisition is one of the largest real estate transactions in College Hill in at least the last three decades. It’s also the biggest and most consequential purchase in the nonprofit’s 49-year history.
The nonprofit received 14 grants totaling nearly $410,000 to support its mission to provide professional critical home repairs and accessibility modifications to low-income homeowners in communities throughout Greater Cincinnati.
The nonprofit plans to use a combined $65,000 in grant funding to conduct a yearlong study focused on identifying and protecting historically significant Black sites.