$500 Million Available for Brownfield Funding in Ohio
Michael Weinstein, P.G., C.P.
Patriot Engineering and Environmental
Ohio’s 2022-2023 budget recently signed by Governor DeWine, allocates $500 million in new brownfield funding. Funding will be administered by the Ohio Department of Development (ODOD) which must adopt rules for allocation of brownfield funding and the demolition program. The rules will determine project eligibility and administration of the program.
The program is set to be operational in the fourth quarter.
Program Highlights
Brownfield Remediation
- $350 million allocated for investigation, cleanup, and revitalization of brownfield sites
- $1 million in funding per county (total of $88 million) is reserved for each of Ohio’s 88 counties
- Remaining $262 million in funding is to be provided to eligible projects on a “first come, first served basis”
- Up to 75% of each project cost will be funded – requires a 25% match
Building Demolition and Site Revitalization
- $150 million allocated for demolition of vacant or abandoned commercial or residential buildings and revitalization of surrounding properties
- $500,000 in funding per county (total of $44 million) is reserved for each of Ohio’s 88 counties
- Remaining $106 million in funding is to be provided to eligible projects on a “first come, first served basis”
- Up to 75% of project costs will be funded – requires a 25% match
Patriot salutes Ohio for their leadership and foresight to promote urban development and eliminate blight. Questions regarding the new brownfield remediation funding can be directed to Michael Weinstein, P.G., C.P. at MWeinstein@PatriotEng.com or 513-283-0975.
Jackie Lewis Recognized by Mahogany Columbus Magazine as One of Central Ohio’s Most Influential Women & Diversity Executives
Jacquelin (“Jackie”) Lewis, an attorney at Bricker Graydon, was recently recognized by Mahogany Columbus Magazine as one of Central Ohio’s Most Influential Women & Diversity Executives. The Magazine held an awards ceremony on Tuesday, April 23 at the Columbus law...
OEDA Annual Summit – Call for Presentation Proposals – Deadline to submit is June 15
You are invited to submit a presentation proposal for the OEDA Annual Summit to be held September 4-6, 2024, at the Glass City Center in Toledo, Ohio. The 2024 OEDA Summit -- themed Unleashing Ohio's Innovation Economy in Your Community --- will explore how the...
Resilience Wins James A. Wuenker Growth Award
RESILIENCE WINS JAMES A. WUENKER GROWTH AWARD In December 2023, National Resilience, Inc. (Resilience) announced an expansion expected to create 440 new jobs and a $230 million capital investment at its West Chester Township headquarters. Resilience is a...