OEDA Works to Protect PAB, New Market Tax Credit & Historic Tax Credit
The Ohio Economic Development Association has joined with a broad coalition of organizations asking members of Ohio’s congressional delegation to protect private activity bonds, the New Market Tax Credit and the Historic Tax Credit as important tools used for economic development in Ohio. Sharing examples of how these tools have been used in Ohio, OEDA sent letters and made calls to every member of the Ohio delegation and is seeing the results of these coordinated efforts as evidenced by the Senate legislation. For a sample of those letters, click HERE.
The Senate tax reform bill:
- Preserves the Private Activity Bond,
- Preserves the New Markets Tax Credit,
- Repeals advance refundings, and the
- Historic Tax Credit is modified to a 10% credit and the credit for pre-1936 buildings is repealed.
OEDA will continue to be engaged on both bills as they move through their respective chambers and the conference committee.
A joint effort between City of Middletown, Atrium Medical Center, City of Monroe, and Butler County Regional Transit Authority (BCRTA) to connect people within the region to available jobs kicks off on Tuesday, September 11 with the addition of the WorkLink bus route.read more
RiversEdge at Marcum Park in Hamilton, Ohio named one of five Great Public Spaces in the U.S. by the American Planning Association
The American Planning Association (APA) recently named RiversEdge at Marcum Park in Hamilton, Ohio, as one of five Great Public Spaces on APA’s annual Great Places in America list. APA’s Great Places in America program recognizes the streets, neighborhoods, and public spaces in the United States demonstrating exceptional character, quality, and planning—attributes that enrich communities, facilitate economic growth, and inspire others around the country. The Great Neighborhoods, Great Streets, and Great Public Spaces of 2018 are places that are unique and exemplary in their amenities and infrastructure, cultural identity, and use of sustainable and innovative practices.read more
It is time again to start thinking about the Governor’s Cup, awarded by Site Selection magazine every spring. Ohio continues to be a leading destination for new business investment and job creation. Through a statewide collaborative effort, we can continue our positive momentum by submitting successful economic development projects to the Governor’s Cup submission portal at https://jobsohio.com/govcup-input until November 20, 2018.read more