Many months of hard work, planning, and collaboration among various partners have been rewarded this spring as the DeWine Administration announced the results of the long-anticipated Appalachian Community Grant (ACG) Program....more
Eagerly anticipated details on the All Ohio Future Fund (Fund) are beginning to come to light. Ohio’s Office of Budget and Management (OBM) has scheduled a hearing December 11th on proposed rules for the Fund, which underwent...more
The Ohio Department of Development (ODOD) recently released further application details and information regarding its Building Demolition and Site Revitalization Program (the Program), which recently received renewed funding...more
11/1/2023
/ Brownfield Properties ,
Demolition ,
Funding ,
Neighborhood Revitalization ,
Procurement Guidelines ,
Real Estate Development ,
Set-Aside Contracts ,
Site Remediation ,
State and Local Government ,
State Budgets ,
State Funding ,
Urban Planning & Development
Continuing our series of articles reviewing the lesser publicized aspects of the new American Rescue Plan Act (ARPA) guidance (hence, the “B-sides” moniker), we address the U.S. Treasury’s issued guidance as to using federal...more
Much has been written by various prognosticators regarding the January 6, 2022, release by the U.S. Treasury of its Final Rule as to the use by state and local governments of federal stimulus funding under the American Rescue...more
1/14/2022
/ American Rescue Plan Act of 2021 ,
Coronavirus/COVID-19 ,
Economic Stimulus ,
Federal Funding ,
Final Rules ,
Procurement Guidelines ,
Public Health ,
Public Health Emergency ,
Public Projects ,
Relief Measures ,
State and Local Government ,
State Procurement Contracts ,
U.S. Treasury
Government finance types have been in a mad scramble since March 2021 to answer the how, where and on what riddles to spending their American Rescue Plan Act (ARPA) funds. As is well-known, the federal government’s response...more
On June 1, 2021, the Ohio Senate Finance Committee released its version of the state’s biennial operating budget (HB 110), which must be signed into law by June 30, 2021. As often happens, there are millions of dollars in...more
A new proposal in the Ohio legislature would render commercial and industrial Community Reinvestment Area (CRA) projects akin to “pre-1994” treatment. Ohio’s CRA program was initially created as a housing program in the late...more
This month, the Ohio General Assembly fast-tracked a school construction finance measure as a mini-capital appropriations bill. Amended Senate Bill (Am. SB) 4 was signed into law by Governor DeWine on July 24, 2020, after the...more
In 2020, Ohio’s development officials are again awarding grants to fund commercial and industrial development projects that don’t have known end users. JobsOhio is now in the midst of launching a $50 million per year grant...more
2/26/2020
/ Brownfield Properties ,
Business Development ,
Commercial Buildings ,
Construction Project ,
Economic Development ,
Grants ,
Hospitals ,
Industrial Space ,
Infrastructure ,
Loans ,
Multi-Family Development ,
Parking Lots ,
Project Finance ,
Public Parks ,
Public Projects ,
Real Estate Development ,
Retailers ,
State and Local Government ,
State Funding ,
Urban Planning & Development ,
Vacant Properties ,
Warehouses
In the fall of 2019, the Ohio General Assembly significantly changed state law governing tax increment financing (TIF) exemptions. For certain TIF projects, local communities can extend the exemptions – and, therefore,...more
2/7/2020
/ Economic Development ,
Exemptions ,
Local Ordinance ,
Municipalities ,
Property Tax ,
Public Finance ,
Public Projects ,
Real Estate Development ,
Redevelopment ,
State and Local Government ,
Tax Increment Financing ,
Urban Planning & Development