Ohio Legislature Revamps Designated Outdoor Refreshment Areas
DORAs authorize municipal corporations and townships to establish designated areas where beer and intoxicating liquor containers purchased from a designated establishment can be consumed at different locations within a defined footprint. Codified under Ohio Revised Code 4301.82, the act allows the executive officer of a Municipal Corporation or the fiscal officer of a Township to […]
$150 M Ohio Building Demo & Site Revitalization Program Supports Redevelopment
The Ohio Building Demolition and Site Revitalization Program provides $150 M with $500,000 set-aside per county grants for a wide range of revitalization projects. A “Lead Entity” must be established for each county by December 20, 2021 who will be awarded the county’s $500,000 in funding all be only one Lead Entity per county. Where […]
$350 M Ohio Brownfield Remediation Program Creates Redevelopment Opportunities
The Ohio Department of Development’s Brownfield Remediation Program provides a substantial source of funding for redevelopment projects. Recent guidelines on the program were released that provide insight for those preparing to apply for funding. The Ohio Brownfield Remediation Program was created to award grants for the remediation of brownfield sites throughout Ohio, to assist in […]
Montrose Client Coshocton County Wins $10 Million Local Jail Grant Award
Governor Mike DeWine recently announced grant awards for local jail projects. During negotiations for the past Ohio Capital Budget the Ohio General Assembly and DeWine administration dedicated $50 million in support for new construction and repair of jail facilities at the local level of government. Like many other areas of public infrastructure, many of Ohio’s […]
It’s Time to Start Building Again: Federal Infrastructure Bill Becomes Law
After more-than a decade long-awaited infrastructure legislation has been passed and finally signed into law. The bi-partisan Infrastructure Investment and Jobs Act was signed by President Biden recently after months of negotiations. The $1.2 trillion infrastructure bill will provide much needed resources across the country for a variety of important areas and will be distributed […]
The Republican Dilemma: Shrinking Rural Population Base Driving Policy Decisions
Data should drive good decision making. Whether in business or government, major decisions need to be based upon the needs and wants of a growing customer base. In government, that customer base is voters. Constituencies that support public officials also matter as they can create positive economic, health, education or other outcomes based upon sound […]
Closing “Missing Middle” Financing with JobsOhio’s Growth Fund Loan Program
Small and mid-sized companies represent most of a community’s economic and workforce landscape and many of these companies are borne out of innovation of local entrepreneurs. While much attention is given to building a local entrepreneurial support system where new businesses can create innovative products or services and bring them to market, pivoting from a […]
Ohio Statehouse Update: A turn towards fall brings economic development reform into focus
Fall in Ohio doesn’t just mean the return of football, it also signals the return of the Ohio General Assembly from their summer break. The return of the legislature brings with it the focus on a number of bills which might not grab headlines but are important policy reforms which will continue to make Ohio […]
CDFI Fund awards $5 billion in New Markets Tax Credits to 100 Allocatees
Special Guest Story by: Rohit Kejriwal Scarlet Oak Capital Impact The Community Development Financial Institutions Fund of the U.S. Department of Treasury awarded 100 Community Development Entities (CDEs) $5 billion in New Market Tax Credits (NMTCs) in September 2021. Of the 100 CDEs which won a NMTC Allocation, 71 have a national or multi-state footprint, […]
Funding Civic Projects Through a Combined Lobbying Campaign for State Ohio Capital Budget and Federal Earmark Funding
Community civic projects are always searching for funding sources. Gaining funding from multiple sources is now commonplace as rarely does on pot of funding have enough money to complete transformational projects in urban or rural communities. Two civic project funding sources, the state of Ohio Capital Budget Community Project legislation and the federal budget earmark […]
