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- Historic Tax Credit is modified to a 10% credit and the credit for pre-1936 buildings is repealed.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.
When it comes to choosing a building or site, food manufacturers have unique needs. That means finding a suitable location can often be a challenge.
If you have a client looking for a suitable food site, here is a checklist containing site and building attributes you need to consider. Fortunately, Ohio has sites across the state that meet the needs of food and beverage companies making products used around the world.read more
Obtaining and Maintaining Your OhioCED Certification Frequently Asked Questions (FAQ) What is the OhioCED Credential? The Ohio Certified Economic Developer (OhioCED) credential is designed to demonstrate the depth and breadth of an individual’s knowledge and their...read more
Building Partnerships Helps Communities Offer Transportation Systems that Impact Rural Quality of Life
Communities with no or limited access to public transportation still exist across rural Appalachian Ohio. Nationally, only 11 percent of rural residents report having access to transportation near their home, compared to 83 percent of central cities in metropolitan statistical areas. Whether it is access to transportation for Medicaid medical appointments, the need for senior citizens to get to the grocery store or other needs, limited resources can impact quality of life in a community.read more