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Published byElvin Cook Modified over 9 years ago
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The State of Ohio is an Equal Opportunity Employer and Provider of ADA Services energizing…sustaining…transforming
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The Ohio Development services Agency removes obstacles to sustainable revitalization of Ohio’s cities, towns, and villages with innovative financing, critical resources, and redevelopment expertise. energizing…sustaining…transforming
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Tools and Resources Innovative Financing –Loans –Tax credits Critical Resources –Gap financing –Grants Redevelopment Expertise –Environmental scientists & engineers –Planners –Public administrators
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Brownfield Resources
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PlanningAssessmentRemediation Redevelopment The Brownfield Spectrum
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Planning Planning –Technical assistance for planning of brownfield-impacted areas, and preparing brownfield projects for funding.
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PlanningAssessment The Brownfield Spectrum Assessment –Loans up to $500,000 for Phase II Environmental Assessments. –Flexible terms, including deferred repayment periods, up to a 10-year term, and below-market interest rates.
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PlanningAssessmentRemediation The Brownfield Spectrum Remediation –Loans up to $5,000,000 for environment cleanup, including demolition associated with the cleanup of hazardous substances, asbestos, lead-based paint and petroleum. –Flexible terms, including deferred repayment periods, up to a 10-year term and below-market interest rates. –No job requirements
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Contaminants Hazardous materials Asbestos Lead-based paint Petroleum Activities PlanningAssessmentRemediation Uses ResidentialCommercialIndustrialInstitutionalOpen space Applicants PublicPrivateNonprofit Responsible parties Versatility of Funds
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PlanningAssessmentRemediation Redevelopment The Brownfield Spectrum
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Local Government Collaboration
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Grants and loans for cost-sharing initiatives Local Government Innovation Fund:
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PreservingHistoric Neighborhoods
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Preserving Historic Downtowns Tax credit for 25% of eligible renovation costs $5M max Historic Preservation Tax Credit Program: Pipeline Initiative: Technical assistance and l grants to prepare historic properties for rehabilitation
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Low-income Community Investment
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Low Income Community Investment Ohio New Markets Tax Credits: Connects investors with projects in low-income communities
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Energy Efficiency
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Energy Loan Fund: Up to $1M in low-interest loans for energy efficiency upgrades in existing buildings. Energy Efficiency Improvements
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Sustainable Infrastructure
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Alternative Stormwater Infrastructure Loan: Provides up to $5M for sustainable storm water management systems
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Thank You! April Kasun, Outreach Coordinator (614) 466-4007 April.Kasun@development.ohio.gov
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