On July 9, 2024, the Cuyahoga County Fiscal Officer (the County) released the newly appraised values for properties within their jurisdiction. As required by state law, every county in Ohio is required to update property values every three years and conduct a...
Content By Charles Bolton
Transformational Mixed-Use Development Credit: Preliminary Insights for the FY 2025 Cycle
As the Ohio Statehouse works to complete its work on biennial appropriations for public infrastructure projects and one-time strategic community investments, the Ohio Department of Development (ODOD) is in the process of promulgating updated guidelines for several key...
One-Time Community Investments Package Set to Become Law
Shortly before the end of the state’s fiscal year on June 30, Ohio legislators are aiming to appropriate over $3.5 billion in infrastructure and development projects as part of the state’s biennial capital budget. Within this larger effort and in addition to the state...
USDA and ODA Resilient Food Systems Infrastructure Program Announcement
In January, the U.S. Department of Agriculture’s (USDA) and the Ohio Department of Agriculture (ODA) announced a new cooperative agreement to allocate $12.4 million in Resilient Food Systems Infrastructure Program (RFSI) funds to small and mid-size food producers in...
Federal Brownfields Incentives Program’s Triumphant Return
On November 16, 2023, Congressman Mike Turner (R-OH-10) and Mikie Sherill (D-NJ-11) reintroduced the bipartisan Brownfields Redevelopment Tax Incentive Reauthorization Act (H.R. 6438) (BRTIRA). BRTIRA is designed to provide greater incentives for brownfield...
Treasury Provides Temporary Relief from 401(k) Catch-up Contributions Rollback
Background The Secure 2.0 Act (Secure 2.0), a sweeping retirement bill included in Division T of the Consolidated Appropriations Act of 2023, was a major bipartisan accomplishment of the 117th Congress. The bill included 82 provisions to expand coverage and increase...
Exploring the Build to Scale Program: Funding Opportunities for Entrepreneurs and Tech-Driven Startups
On June 1st, the Economic Development Administration’s Office of Innovation and Entrepreneurship (OIE) within the U.S. Department of Commerce launched the application process for the Build to Scale (B2S) Program. This program provides a funding opportunity aimed at...
Ohio Senate Proposes Budget Ahead of June 30 Deadline
This past Tuesday the Republican controlled Ohio Senate unveiled its two-year budget proposal. The proposed budget is about $2 billion less than the version the Ohio House passed and contains significant changes to Ohio’s tax code and the way Ohio funds schools....