Ohio has emerged as a key player in the Midwest’s economic development, particularly in the realms of technology and infrastructure. A standout feature of the state’s growth is the rise of data centers, which have become...more
3/6/2025
/ Artificial Intelligence ,
Cloud Computing ,
Cryptocurrency ,
Data Centers ,
Economic Development ,
Energy Sector ,
Infrastructure ,
Internal Revenue Code (IRC) ,
Investment ,
Tax Credits ,
Tax Incentives ,
Technology Sector
Cleveland City Council recently commenced the process to create a new nonprofit development agency, known as a New Community Authority (NCA), to administer land and community facility acquisition and development, as well as...more
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...more
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...more
Ohio recently joined the majority of states – and many nations – in adopting the International Plumbing, Building, and Mechanical Codes (IPC®, IBC®, and IMC®) in March 2024. These codes are part of the International Codes...more
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)...more
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...more
12/11/2023
/ American Taxpayer Relief Act of 2012 (ATRA) ,
Brownfield Properties ,
Environmental Protection Agency (EPA) ,
Hazardous Substances ,
Historic Preservation ,
Incentives ,
Inflation Reduction Act (IRA) ,
Infrastructure ,
Internal Revenue Code (IRC) ,
Low Income Housing ,
Redevelopment ,
Site Remediation ,
Tax Credits ,
Tax Incentives
Cleveland City Council passed Emergency Ordinance 297-2023 (the Ordinance), described as community benefits agreement (CBA) legislation on Monday, June 5th. The Ordinance focuses on improving construction contract work...more
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...more