Recently enacted Ohio House Bill 501 (HB 501) expands options for townships desiring to create a tax increment financing (TIF) incentives agreement. Under the HB 501, a township may create a TIF and use payments in lieu of taxes (PILOTs) received through the TIF for...
Ohio Senate Bill 33 (S.B. 33), which makes significant changes to Ohio’s laws regulating Community Reinvestment Area (CRA) incentives, goes into effect April 3, 2023. Introduced in early 2021, S.B. 33 aggressively expands the availability of CRAs, the benefits they...
Retailers in Cuyahoga County can now apply for Sustainable Store Grants of up to $5,000 to help eliminate plastic checkout bags from their operations. The initiative is being supported by the Cuyahoga County Departments of Consumer Affairs and Sustainability, as well...
“It’s a good time to be in transportation!” says William Murdock, Executive Director of the Mid-Ohio Regional Planning Commission (MORPC). Speaking to KJK’s Samir Dahman and James Scherer, Mr. Murdock, who heads one of Ohio’s largest regional planning agencies, spoke...
In today’s world, the word “network” is most likely to evoke references to social media. Twenty years ago, the same word would likely induce thoughts of the expansion of broadband, fiber and wireless telecommunications to business and the public. Put simply, a network...
Recent zoning and land use developments within the City of Cleveland indicate new thoughts and plans for action along Cleveland’s lakefront and riverfront. While Cleveland’s Lake Erie lakefront has long been the subject of speculation about what could be, the city has...
[UPDATED 8/10/2022: CHIPS Act signed by President Biden] This week, President Biden signed H.R. 4346, the CHIPS for America Act of 2022, which is designed to provide over $50 billion in appropriations aimed at driving massive industrial growth and innovation within...
The Study In the summer of 2019, Cleveland’s Office of Community Development and the Equitable Community Development Working Group commissioned a study (the “Study”) to identify the historic usage of the City’s Tax Abatement Program (the “Program”), as well as the...
Ohio’s General Assembly recently voted to temporarily double its Ohio Historic Preservation Tax Credit (OHPTC) award cap and increase, then reduce Ohio’s Opportunity Zone (OZ) Tax Credit cap. For state fiscal years 2023 and 2024, the SB 225 permits the Ohio Director...
Ohio recently announced the first round of grant awards for the state’s Brownfield Remediation Program. Ohio dedicated nearly $350 million for the program administered by the Ohio Department of Development through the 2021 state biennium budget bill, House Bill 110...