After reauthorization of the Clean Ohio program this November by Ohio Voters, the State has announced their intention to maintain two grant funding rounds per year going forward. Hopefully this will allow the program to operate more consisentely. In the past, project developers were often forced to try and rush projects because future funding rounds were uncertain.
Round 5 was completed in December, with seven projects recieving around $12.7 million in funding. This was less than the $17 million the state had available in that round. This marks the first time less then the full amount of funding available was awarded.
The State has already announced the schedule for the next two funding rounds:
Round 6- Unless your project is already been listed on Ohio’s Brownfield Inventory, you are too late to qualify for this round. The deadline for filing the form to be listed in the inventory was December 5th.
– Grant applications are due January 9th
– Awards will be announced in May of 2009
– No deadline for listing a property with the brownfield inventory has been announced to date. Typcially, the deadline is 30 days prior to the deadline for filing a grant application.
-Grant applications are due July 25th
-Award will be announced in November of 2009
- Clean Ohio Assistance Fund applications will be processed in 10 days instead of 30 days
- Disbursement requests can be made every 30 days instead of 60 days
- Information regarding public bidding of work associated with Clean Ohio projects will be made available to small and minority owned businesses
The announcement to make the program more consistent should be great news for everyone who works with the program. This will allow project developers and governments to tee up projects when they are truly ready versus trying to rush the project to meet the funding deadline.
With the overall lack of development occurring in Ohio right now due to the poor economy, this is a great time to develop Clean Ohio projects because the next few rounds will likely be less competitive. This was certainly true for Round 5 in which the State did not even award all the money that was avaiable.