Red Bike's had a 2024. Paused, then slated for closure, the bike-share service will now get dollars to live on.

Cincinnati's Red Bike gets $500,000 funding, ensuring operations until 2028, and implements a new strategy for stability and growth.

Red Bike offers daily, monthly, and annual passes. The Go Program also offers discounted rates to low-income individuals; that program has grown significantly in the past couple of years.

Red Bike shut down for the first few months of 2024 due to a critical funding shortfall. A coalition of public and private entities raised enough one-time support to reopen the bike share program.

Red Bike will on Thursday morning introduce 100 new electric-assist bicycles into its fleet of roughly 500 bikes at nearly 60 rental stations throughout Cincinnati's neighborhoods.

Red Bike, the region’s nonprofit bike share service, will pause regular operations on Jan. 12, with plans to reopen service in early spring, the company announced Tuesday.