While May hopefully brings flowers from April showers, the month of May also provides millions of dollars in funding opportunities for Ohio’s Transportation Improvement Districts (TIDs). Ohio has 46 TIDs covering large areas of the state. These intergovernmental agencies are designed to foster planning and cooperation among different counties and local governments to plan for […]
The battle against COVID 19 is likely not even at halftime yet but it is not too early to explore how states across the United States are doing in battling COVID 19 and understanding how this virus is impacting different state economies differently. First, preserving public health is everyone’s goal and measuring the economic impact […]
Established under the Public Works and Economic Development Act (PWEDA) of 1965, the U.S. Department of Commerce Economic Development Administration has helped communities generate jobs, retain existing jobs, and stimulate industrial and commercial growth for more than 45 years. The EDA is the only federal government agency solely focused on economic development and the administration […]
As Ohio’s economy continues to decline due to the COVID-19 outbreak many of Ohio’s local governments who are on the front lines dealing with the impacts of the virus are experiencing decreased revenues as well and in some cases increased cost. In March of this year, Congress passed the CARES act, which provided a number […]
Transportation systems play a central role in the movement of people, goods and services and communities with robust transportation infrastructure systems in place are well positioned to capitalize on economic development wins. Many communities are, however, facing infrastructure challenges to keep up with current growth, compete for growth and capture future economic development opportunities. In […]
Interest rates and access to conventional bank financing find themselves at a favorable intersection in today’s economy. As a small business or new business startup, however, access to capital and favorable rates can be challenging. Every business has different needs, and no financial solution is one size fits all. There are many financial choices a […]