Flag created by CincyFlags for the neighborhood. 
Its symbolism, according to CincyFlags in [1]:
"C represents the namesake of the neighborhood as well as the bend in the Ohio River as seen from above.

"The ship wheel is a nod to the riverboat heritage of the neighborhood as well as the confluence of the Little Miami and the Ohio Rivers.""
Own work using: https://www.cincyflags.com/cuf
CincyFlags