University of Cincinnati helps fund developments near campus

The University of Cincinnati is funding housing and office developments near its campus. In return, the university is benefiting from a nicer-looking environment and more housing availability for students and staff. University of Cincinnati officials say the school has committed 75 million dollars of its endowment to help the city's Clifton, Corryville, University Heights and Clifton Heights neighborhoods launch major redevelopment projects. It has provided financing, planning and architectural services for numerous projects now under construction. Beginning next year, new retail and office space, parking garages, town homes and condominiums, and new and renovated single-family homes will be opening in neighborhoods near the Cincinnati campus.