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
In late April 2021, a legislative committee in the Ohio House held its second hearing to consider creating a $100 million grant program, exclusively for county land banks, to fund commercial building demolition. Ohio’s land...more
New legislation enacted during the recent lame duck session of the General Assembly may alter the allocation of the federal income tax deduction granted for the design and installation of energy-efficient commercial building...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