Discussions about Affordable Housing Tax Credit (HB3) Begin

Mar 1, 2023Advocacy

While House Bill 3 doesn’t yet contain specific provisions or language, legislators in the Ohio House have already begun debating its intent to authorize an affordable housing tax credit in the state.

The bill has been identified as a priority measure by Speaker Jason Stephens. One of the aims of the legislation is to address a major concern as it comes to economic development and employment in the state: namely, ensuring workers find Ohio to be an attractive, affordable place to live.

Workforce housing is critical to economic development, Ohio’s communities, and their residents.  OEDA will continue to closely monitor HB 3 and keep members informed about this important issue.

Ohio Tops Site Selection’s Top Micropolitan Communities

Site Selection Magazine has highlighted Ohio as the top state in the nation in its recent Top Micropolitan communities listing, published in March. Ohio communities Recognized in the listing are Findlay (ranked #1 nationally), Greenville, Defiance, Wooster, Chillicothe, Tiffin, Bucyrus-Galion, Fremont, New Philadelphus-Dover, Sandusky, Jackson, Van Wert, Norwalk, Salem and Point Pleasant. Five Ohio communities ranked in the Top 10 nationally.

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Toledo Offers Vibrancy Initiative Grant Program

The City of Toledo has announced its vibrancy Initiative, which uses a comprehensive approach to revitalization that addresses building exteriors and vacant first-floor commercial interiors. It is designed to enhance the city’s vitality by supporting revitalization efforts that create jobs, reduce blight, and preserve and improve buildings.

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Montrose Group Sponsors Development Opportunity Forum 2024

The Montrose Group will bring together 200 leading commercial real estate brokers, CEOs, HR, real estate, and financial corporate leaders, construction, economic development, and engineering leaders targeting attendees from the Great Lakes States for a day-long forum on May 21, 2024 at the Grand Events Center in Grandview Ohio.)

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