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Posts in Financial Incentives.

Dayton considers $450k grant for pet retailer bringing $17M payroll

On January 14, 2019, the President signed the Water Infrastructure Improvement Act (H.R. 7279), granting municipalities new statutory tools to affordably confront expensive infrastructure challenges using Integrated Planning. Bricker & Eckler, McMahon DeGulis and Muskingum Watershed Conservancy District are hosting a free series of ...

IT distributor Tech Data chooses Ohio for expansion

Canton approves incentives for two companies to bring jobs downtown

Dayton Arcade renewal project close to $96M in crucial financing, tax credits 

Cincinnati Council members propose changes to tax abatement criteria

Two Columbus projects awarded Historic Preservation Tax Credits

Honda R&D Americas adding 175 new jobs at Ohio Center

Sirna and Sons solar installation generates 35% of company’s electric usage

Largest C-PACE deal in U.S. for 2018: $16.3M for Columbus project 

Warren County lays groundwork for CRA to draw “top companies”

Fortune 500 company could bring $147M project to Dayton area

Lebanon plans CRA that would provide incentives for $18M development  

Bricker served as bond counsel for many elements of the financing and has represented Crawford Hoying for the Bridge Park project, which recently won an award.

Bricker's Economic Development team recently launched a collection of online resources highlighting the opportunities, challenges and mechanics of PACE financing.

The Treasury Department has released guidance for the new opportunity zone (OZ) tax incentive, and has also released special rules for capital gains invested in opportunity zones.

Largest state tax incentive deals in Central Ohio ranked by number of proposed new jobs

Dayton’s downtown resurgence fueled by incentives, public-private partnerships

PACE Workshop – September 26

Tax credits bring close to 1,500 jobs to Monroe in five years

EmberClear investing nearly $1B in 1,050-MW Harrison combined-cycle plant

Athens Water Treatment Plant installs solar panels to reduce energy usage

Columbus City Council approves tax incentives for CoverMyMeds new HQ

Opportunity Zone program stimulates development in distressed communities

Trolley District project awarded $2M in tax credits to redevelop historic buildings 

Proposed billion-dollar plus Planet Oasis is largest project in Ohio in decades

West Chester investing $5M for trade center that could bring 1,000 jobs

For your reference, our team recently developed a comprehensive Ohio map featuring all active and inactive PACE programs in the state. 

Root Insurance plans move to Columbus Commons, add 463 jobs

TJX seeks tax abatement for $160M distribution center in Lordstown

Auto supplier plans additional $73M investment, 204 jobs in Springfield

Dayton’s strategic use of CRA fueling growth in downtown, other areas

Whitehall’s proactive economic development strategy producing big returns

Ohio recommends Opportunity Zones for federal tax breaks

Four companies bringing 475 jobs, $24M payroll and $41M investment to Ohio

Economic development groups “doubling down” to keep expanding companies in Northeast Ohio

Local governments need more transparency for tax abatements, report says

County approves loan to complete financing for Cleveland Athletic Club redevelopment

Changes to Columbus tax incentives would promote mixed-income housing development

New U.S. tax law lessens federal historic tax credit, putting projects at risk 

Columbus one of 20 finalist cities for Amazon’s $5B HQ2

Two major projects coming to Green in 2018: FedEx Freight, Chase Bank 

Tax credits bringing 1500+ jobs to Southwest Ohio, Fostoria, and Van Wert

State offers incentives to 3 projects that will create 204 Central Ohio jobs

Columbus council approves tax abatement for $16.6M Short North project

The Tax Cuts and Jobs Act (TCJA) was released on December 15, 2017. The Committee of Conference chose not to follow the House’s repeal of authorization for private activity bonds — a financing vehicle used to finance 501(c)(3) institutions, such as private universities and hospitals, as well as other projects, such as low-to-moderate income ...

Ohio Attorney General reports 78.3% compliance rate for 2016 economic development incentives

Mansfield proposes historic designation for downtown and Carrousel District

TIFs for two Hillsboro development projects will generate revenue for the city 

Cleveland approves TIF for Terminal Tower apartments project

New Maumee mixed-use project will benefit city, school district

Cincinnati considers extending VTICA program to promote more affordable housing

Study of incentives shows Columbus needs to offer more to compete with suburbs

State approves tax credits for eight projects expected to bring $377M in total investments

State awards tax credits to Ohio-based Silfex for $223M Springfield project

Study says Columbus “has been too generous” with some tax breaks; developers disagree

Columbus creates tax incentive legislation aimed at large companies

Cleveland Metro School District leading meetings on proposed property tax deal

Columbus offers White Castle incentives for $65M mixed-use development

Many commercial buildings have outdated lighting, windows or HVAC that, if updated, would reduce energy costs. NOPEC may be able to help finance these updates.

Whitehall approves tech park CRA in return for $8M investment and 75 jobs 

Hall of Fame Village could get more public funding

Dayton’s economic development incentives return $78M, 2,760 jobs

 

Tax credit awarded to Claritas for plan to add $3.6M in payroll, 40 full-time jobs

Cliffs Natural Resources plans to build $700M iron processing plant in Toledo

Sinclair to be “significant presence” in west Dayton project

First PACE project in Sycamore Township completed

Cuyahoga County enlists Ernst & Young to help fix loan program

$55M Springfield project adds to growing international investments in Ohio

New reporting rules will help evaluate effectiveness of tax incentives

Canton combines development, innovation districts to attract tech companies

Miami Valley manufacturer plans $73M renovation and expansion project

New auto parts plant in Englewood will bring 100 jobs to Montgomery County 

CareSource’s $39M investment a success story for Ohio

Caruso’s Coffee plans $2 million expansion in Brecksville

New route will provide daily service from Toledo to North Carolina

Development that would “reshape” Turtlecreek Twp. down to final vote

Port authority approves $4.3M in bonds to attract manufacturer to Dayton area

Expanding tax district will bring revenue to Fairfield Twp. and Hamilton

$21 million spec project in Greater Cincinnati speaks to “improving economy”

DevelopOhio Economic Incentives Toolkit: your comprehensive resource

California-based manufacturer will move headquarters to Ohio

New study provides more in-depth look at state and local business incentives 

West Milton village, school officials discuss proposed Stillwater Crossing

Port authority proposes assistance to bring $107 million project to Scioto County

Cuyahoga Falls plans to preserve historic integrity while stimulating downtown development

Turtlecreek Twp. TIFs would fund infrastructure for $445M development

APEG has seen $40M investment, 420 new jobs in Highland County since 2011

Easton’s $68 million tax break will benefit Linden neighborhood

Workshop designed to help Champaign County-area governments promote economic development

Cornerstone’s “unyielding growth” expected to create 2,800 jobs

Daisy Brand $45-million expansion will bring 80 new jobs to Wooster

Bricker & Eckler attorneys will present "Developing Property for Economic Growth," February 23, 2017, at The Union Club in Cleveland, Ohio.

Ohio companies set record for compliance with 2015 incentive agreements

Greater Cincinnati company awarded $2.5M in tax credits for $73M expansion

Technology startup firm Tilr plans 150 new Cincinnati jobs

Ohio Attorney General’s annual report analyzes compliance rate for incentive awards

JobsOhio plans three initiatives to bring more jobs to the state

Cincinnati neighborhoods will feel benefit of $125M in New Market Tax Credits

Canton City school board approves TIF for former Hercules site project

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