CCAO Online Magazine Features Article by Bricker Graydon Attorneys

Ohio’s economic development landscape continues to evolve, with the 135th General Assembly enacting several key legislative changes that will impact counties and their constituents. From modifications to tax increment financing (TIF) laws to new funding mechanisms for housing and transportation projects, these updates will shape the way local governments and businesses pursue growth opportunities. Bricker Graydon attorneys Timothy Barry, Jacqueline Lewis, and Jeffry Harris break down the most significant changes, highlighting their potential impact on communities across the state.

Among the most notable updates, House Bill 33 introduced adjustments to the Rural Industrial Park Loan criteria, revamped the Ohio Brownfield Program’s grant process, and established the Welcome Home Ohio tax credit program for residential development. Additionally, the legislature expanded virtual meeting allowances for public bodies and authorized counties to create their own port authorities under specific conditions. With some proposed measures left on the table, stakeholders can anticipate further legislative developments in the upcoming biennial budget. To read more, visit the CCAO website and view the digital magazine. Be sure to check out the partnership with Bricker Graydon, the CCAO, and the Ohio REALTORS on housing forums on page 9.