$280 Million in ODOT TRAC Requests Creates Substantial Competition and Interest in P3s and EB-5 Transportation Funding
The Montrose Group.
Funding for “major new capacity projects” with the Ohio Department of Transportation (ODOT) are awarded through the Transportation Advisory Council (TRAC). Applications for TRAC funding were due on July 31, 2017, and 13 projects filed for a total of $280 M. The Ohio Transportation Budget, House Bill 26, recently enacted allocated $59.5 M in funding for Major New Program funding per year in the FY 2018-FY 2019 biennium, considerably less than the amount spent in this area during FY 2017. The high demand for state transportation funding will create substantial competition through the TRAC process as well as interest in exploring alternative P3 funding options. Click HERE for the full article. For access to the full article, click HERE.
Clinton County Port Authority Proud to be an SBDC Ambassador
The Clinton County Port Authority (CCPA) is proud to be one of 50 Ambassadors for the 2023 SBDC Day on March 15, 2023. The day is a national, collective proclamation of the impact America’s Small Business Development Centers (SBDCs) have on the success of our nation’s dreamers, innovators, and doers – America’s small businesses.read more
Now’s the time to Tune up your BRE Program and Take advantage of Early Bird Discounts
OEDI’s Business Retention & Expansion (BRE) Course is taking place May 25 – 26, in Dublin, Ohio. The course is an intensive two-day in person course that focuses on how economic developers work with companies to help them succeed, grow and expand in their community.read more
Transit-Oriented Development Project Aims to Streamline Walkable, Mixed-Use Development
Zoning regulations are limiting the construction of new mixed-use buildings along major transit lines in Cuyahoga County. That is a major finding of a Transit-Oriented Development (TOD) Zoning Study being completed by the Cuyahoga County Planning Commission with partners at the Greater Cleveland Regional Transit Authority and in collaboration with the Cities of Cleveland, Shaker Heights, and Fairview Park.read more