HB168/BFPD Informational Webinar

Jun 24, 2020 | News, Newsletter

An Overview of HB168 and the BFPD

Join a discussion to learn about the recently passed HB168, which establishes the bona fide purchaser defense (BFPD) into Ohio law. The establishment of the BFPD into Ohio law better aligns Ohio law with federal standards, and aims to encourage the redevelopment of lightly contaminated brownfield sites.

This webinar is hosted by the Greater Ohio Policy Center (GOPC), and panelists include Joseph Koncelik (Tucker Ellis LLP) and Kristin Watt (Vorys, Sater, Seymour, and Pease LLP).

 

 

State Offers Tax Credit to Redevelop Ohio Neighborhoods

The Ohio Department of Development (Development) announced today that the application for the new Transformational Mixed-Use Development Program is open. The program provides a tax credit for major, mixed-use developments in Ohio. Applications are now available on Development’s website.

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$500 Million Available for Brownfield Funding in Ohio

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.

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