Improving the Lives of Residents

OCIC is a 501(c)(3) non-profit affiliate of OCCH, created to extend the mission of OCCH through creative and transformative philanthropic investments. These resources are granted to partners working creatively to improve life outcomes for residents of affordable housing communities where OCCH has investments.

Raised since 2012

Contributed by OCCH

Raised in 2018

OCIC is funded with nearly $8 million of support from several Impact Investors – including Huntington Bank, Fifth Third Bank, Key Bank, First Financial Bank, and JPMorgan Capital Corporation (Chase).

OCIC Investors

OCIC is funded in part through $15 million of OCCH’s retained earnings, and with $7.7 million of support from several Impact Investors – most notably, Huntington Bank, Fifth Third Bank, Key Bank, and JPMorgan Capital Corporation (Chase).


Hover over the pie chart for details on 2018 Investments.

$2,500,000
$450,000
$300,000
$492,590
$70,000
$70,000
$30,000
$30,000
$25,000
$20,000
$5,000
$5,000
$5,000

Ohio Capital Corporation for Housing

Huntington CDC

Key CDC

Fifth Third CDC

First Financial Bank

WesBanco Bank

First Federal Bank of the Midwest

Heritage Bank

Republic Bank

Civista Bank

CF Bank

First State Bank

RiverHills Bank

Explore Our Work in 2018

Carol Mount Peterson Resident Development Fund

Named after Carol Mount Peterson, who served on the Board of OCCH for 16 years, the Resident Development Fund provides dollars to partners so they can create unique programs that help residents strive towards better lives. These outcome driven programs support youth empowerment and education, senior health and wellness, and educational and workforce advancement.

Examples:

“Bingocize”provides a fun way for seniors to exercise twice a week.

The A – Z Learning Lab provides opportunities for public housing residents in rural Cadiz to keep up with learning after school and over the summer while also providing mentoring and support.

Urban Strategies, a national service oriented nonprofit, works at Poindexter Place in Columbus to provide youth empowerment opportunities.

Various nonprofits in Cincinnati’s Over the Rhine gentrifying neighborhood work to engage low income residents so that they have the same opportunities as other kids, including attending activities at Ziegler Park pool.

Summer Camp Program

Quality summer camp programs with opportunities for learning help to ensure that children are gaining, not losing, ground both academically and socially over the summer. In 2018, the summer camp program grew substantially to include:

• 745 children who attended summer camp
• Over half of the children were returning from the previous year
• Average length of attendance is 10 weeks
• A majority of students attended a YMCA camp

Partnering for Success

Jerry Grier Scholarship Program

The Jerry Grier Scholarship Fund, named after former OCCH board member and HUD attorney, assists low-income students living in affordable housing communities with the costs of attending a college or university. Students can pursue higher learning with tuition and performance-based assistance up to $10,000. Since the Fund’s inception, over 80 students have been supported in achieving their educational goals.

Capital for Partners

Capital for Partners provides a flexible source of funding for partners to achieve their mission-oriented objectives. Whether it is through support to particular innovative programs or whether it is event sponsorship or unrestricted funds to help partners achieve their mission, OCIC is committed to supporting our partners’ impact on communities and low-income populations.

Examples include:

Greater Columbus Community Helping Hands
Generous support from Fifth Third CDC and OCCH enabled 57 college-bound students residing in affordable housing communities owned by CMHA, CPO, and Homeport to attend workshops to prepare them for college and to receive financial support, laptop computers, and dorm room packages.

Coalition on Housing and Homelessness in Ohio
OCIC provided support to COHHIO for their advocacy efforts that include efforts to increase funding for the Ohio Housing Trust Fund, a crucial financing tool to help build new affordable units.

Legal and technical assistance to residents
OCCH partners with Michael E. Moritz College of Law at OSU to employ two interns and one post-graduate fellow so that they can help eligible households with legal and technical assistance to resolve issues that threaten housing stability.