Recent turbulence in various market sectors is creating the need to sharpen analyses and understandings of property tax assessment valuations. In evaluating the need for real property tax assessment appeals, it is critical to...more
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...more
Now is the time of year when counties are publishing, mailing or providing notices of property assessments as required by Ohio law. Ohio Revised Code 5715.17 provides that counties must give notice that valuation revisions...more
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...more
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...more
6/7/2022
/ Community Development ,
Economic Development ,
General Assembly ,
Historic Preservation ,
Historical Rehabilitation ,
Investors ,
Opportunity Zones ,
Real Estate Development ,
Real Estate Investments ,
Tax Credits ,
Tax Planning
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...more
A property tax reform effort that originally commenced in 2018 in the Ohio House of Representatives has been recently passed by the General Assembly in the form of House Bill 126 (HB 126) and is on its way to Governor Mike...more
Ohio historic preservation and economic development projects may soon receive a large temporary boost from the Ohio General Assembly. Recently passed by the Ohio Senate and now under consideration in the Ohio House, Ohio...more