The Ohio Economic Development Association has a renewed energy, reflecting those we serve. As the professional association for economic developers, our brand reflects our members– dynamic, on-the-move, decisive, knowledgeable, informed, engaging. The Ohio Economic Development Association is committed to helping our members expand their knowledge, expand their network and expand their influence. So, come join us as we work to expand your opportunities.
The Ohio Economic Development Association is committed to providing Ohio’s economic development community with resources to help practitioners best serve their business community while navigating COVID-19. We believe one of the most helpful roles OEDA can play is curator; sifting through and summarizing the vast amount of information so you can focus on what you need as professionals.
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GENERAL NEWS
JobsOhio Releases Annual Report, 2021 Marked As Landmark Year
JobsOhio, the state’s private nonprofit economic development corporation, released its 2021 Annual Report and 2022 Strategic Plan, which showed 2021 to be a landmark year. In 2021, more than 29,000 new jobs were committed, and companies planned more than $6.9 billion in capital investment in Ohio.
read moreHanna Greer-Brown, Solid Waste Authority of Central Ohio
When Ohioans bring their recyclables to the curb or to a community drop-off location, they might not give much thought as to where materials like soda and water bottles go from there.
When we recycle, we aren’t only protecting the environment by diverting trash from the landfill; we are also supporting jobs, consumers and Ohio’s economy.
read moreMaking Way for People: The Future Is Now
When the MLK Interchange opened in 2017, the vision for Uptown Cincinnati as a district that will incubate talent and attract businesses officially began. Fast forward five years and the four quadrants at MLK and Reading Road in The Cincinnati Innovation District® (CID), a mixed-use development supporting Uptown’s medical, research and innovation industries, is quickly coming to life as construction finishes on the highly anticipated University of Cincinnati Digital Futures building, the centerpiece of the Digital Futures Complex. Over the next decade, there are plans for an additional two million square feet of mixed-use development with 7,500+ people working, visiting, and living there each day.
read moreADVOCACY
Federal Updates
CHIPS Act’s subsidies for semi-conductor manufacturing steps into the batting circle, now with a bigger bat. Is it the next batter-up in Congress? With Sen. Manchin’s (D – West Va.) death blow dealt to the Biden Administration’s climate change legislation in the U.S. Senate, the blockade of the pending CHIPS Act imposed by the Senate Minority Leader Mitch McConnell (R – Kentucky) appears to have been removed. On Tuesday, July 19, the Senate held a test vote (64-34) to move forward with the semi-conductor manufacturing subsidy measure that had stalled previously in Congress, and now with a bigger impact.
read moreOhio General Assembly Updates
HB 377 LOCAL FISCAL RECOVERY (Hall, T., Swearingen, D.) Introduced on July 15, 2021, this bill seeks to amend just-enacted HB 168 to appropriate the entirety of the U.S. Treasury’s allocation of Local Fiscal Recovery Funds ($844MM) to nonentitlement units of local government (NEUs), to be distributed by Ohio OBM.
read moreTracked House Bills – June 2022
Federal News:
Thoughts on the ban of Russian oil’s impact on global energy supply and demand: The European Union’s pending embargo on Russian oil imports (save for pipeline-supplied oil to Hungary and other counties) may re-order the entire globe’s long-held status quo in the supply of energy.
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