CEO Brunner extends appreciation to Lynn Marmer for her service as Port Authority board chair

CINCINNATI, Ohio – The Board of Directors of the Port of Greater Cincinnati Development Authority appointed a new Board Chair at the January 13, 2016, board meeting. At the meeting, President & CEO Laura Brunner expressed appreciation to Lynn Marmer for her service as Board Chair, and remarked about the significance of the work accomplished in the two years under Ms. Marmer’s leadership.

Ms. Brunner: “As Lynn Marmer leaves the Board Chair position, it is an honor for us as an organization to recognize her leadership and the Port Authority’s accomplishments that she helped make possible. Lynn directs all of her energy into civic leadership, creating new and inspiring opportunities for all Hamilton County residents to prosper. We are fortunate that Lynn will continue as a Port Authority board member, and wish her well in her new endeavor leading the region’s Child Poverty Collaborative.

“Some of the Port Authority’s meaningful achievements under Lynn’s leadership include”:

+ The Ports of Cincinnati & Northern Kentucky – -The Port Authority aligned with the Northern Kentucky Port Authority to expand the Port statistical boundaries to a 226.5 mile reach of the Ohio and Licking rivers, creating the nation’s second-busiest inland port district;

+ Acquiring 50+ acres of blighted property in Bond Hill & Roselawn neighborhoods as part of a community-driven redevelopment strategy and repositioning it for marketable business investment;

+ Receiving and managing state and federal grants to demolish dangerous, blighted properties in vulnerable neighborhoods;

+Partnering with a Montgomery County-based common bond fund, funding a partnership, and facilitating its expansion into Greater Cincinnati, where it provides low-cost funding for business expansion and capital needs as the Southwest Ohio Regional Bond Fund;

+ Implementing a statewide mortgage down payment assistance program that provided over $120 million of loan volume in its initial year and assisted over 1,000 families;

+ Creating and executing Rehab Across Cincinnati and Hamilton County (REACH) in the Evanston neighborhood, where the Port Authority has directed Hamilton County Landbank tools and resources to completely rehab 10 vacant homes, attracting new residents into this historic neighborhood; 2

+ Managing and marketing the region’s Foreign Trade Zone program, and integrating it into the Cincinnati USA Regional Chamber, European American Chamber of Commerce, and REDI Cincinnati’s business expansion & retention services that are targeted to increase foreign investment in Greater Cincinnati

+Expanding the Port Authority’s public finance practice to include the Southwest Ohio Regional Bond Fund, EB-5 program and a Property Assessed Clean Energy (PACE) financing program.

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About the Port Authority:
The Port of Greater Cincinnati Development Authority was formed in 2000 to stimulate growth of the regional economy. Partnering with the City of Cincinnati and Hamilton County, the Port Authority works to redevelop manufacturing and residential communities to build the foundation of job creation and livable, viable communities where residents have the opportunity to participate in economic prosperity. For additional information, please visit http://www.cincinnatiport.org.