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Last week, we hosted a very successful seminar covering commercial and industrial property redevelopment. I participated on a panel that included JobsOhio, the City of Cleveland and TeamNEO discussing brownfield redevelopment, in particular, incentives. A major focus of the discussions was the relatively new JobsOhio Revitalization Program.
I have worked with JobsOhio on
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On October 22nd, Kristi Tanner, a managing director of JobsOhio presented regarding Ohio’s new brownfield redevelopment incentive program which will replace Clean Ohio. Many in the brownfield redevelopment community have been anxiously awaiting the roll-out of the new program.
According to Ms. Tanner, JobsOhio will start discussing potential projects now, but awards under the new
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On March 6th the Clean Ohio Council approved major changes to the Clean Ohio program. The changes are now effective and will govern the remaining $15 million in funding that was set aside in the last budget.
After the $15 million has been exhausted, JobsOhio has indicated it will launch a new $43 million per
Last year the Kasich Administration announced that it was phasing out the Clean Ohio brownfield grant program. The Clean Ohio program,which had been in existence for over a decade, had provided approximately $37.5 million per year in incentives for cleanup and redevelopment of brownfields.
Last May, the Administration allocated a final $15 million toward traditional
On Friday, the Clean Ohio Council met to discuss proposed changes to the Clean Ohio program. As discussed previously on this blog, the Kasich Administration has repeatedly discussed completely revamping brownfield funding in Ohio. The Administration previously announced its intention to shift the program’s administration to JobsOhio along with the liquor profits that were used to payoff
The picture is still very murky with regard to what brownfield funding will look like in Ohio. The program is being transferred from the Ohio Department of Development to JobsOhio. The Kasich Administration has stated it believes the program needs to be overhauled. (Click here for prior post regarding transfer to JobsOhio)
Details were released this week by the Kasich Administration on the establishment of its privatized economic development agency known as JobsOhio. Many of the traditional job creation duties that fell to the Ohio Department of Development will be shifted to JobsOhio.
Along with the restructuring of development duties, the Administration is shifting the State’s liquor
Yesterday, the Ohio Department of Develop put the following notice on the Clean Ohio Fund webpage:
NOTICE
Effective immediately: The Clean Ohio Assistance Fund is no longer accepting applications. If you have a project and would like to discuss other funding opportunities please contact us.
Back in October, Governor Kasich announced that he was redirecting
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The Clean Ohio Council awarded half the available funds for brownfield redevelopment for fiscal year 2012 two weeks ago. As discussed in prior posts, available funding is running out in the next few months.
The future of State brownfield funding became uncertain when the Kasich Administration shifted funding from the state’s liquor profits to JobsOhio.
Current Debate Regarding the Future of the Clean Ohio Program
The Kasich Administration has announced that it is re-evaluating the Clean Ohio program. The next round of the Clean Ohio Revitalization Program (Round 12) will be the last. Also, funding under the Clean Ohio Assistance Fund, which pays for sampling on brownfield properties, is likely to