Redeveloping an existing building has always been more complicated and expensive than transforming a corn field into an office or industrial complex.  However, a new generation of workers are driving communities and companies to take another look at transforming existing structures into new housing, office and commercial opportunities. In fact, historic rehabilitation for communities large […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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, […]

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