Investing

U.S. Sen. Sherrod Brown (D-OH) has offered to work with President Trump on Trump’s promise to invest $1 trillion in our nation’s infrastructure and put Ohioans back to work rebuilding our roads and bridges.

Before the Ohio General Assembly adjourned its session last month it handed landlords a big win with the passage of legislation aimed at curbing harassment-for-profit by local fair housing organizations.

Following Veterans Day, U.S. Sen. Sherrod Brown (D-OH) announced $33,408 in federal funding to provide rental assistance paired with health services for homeless veterans in Akron as part of the U.S. Department of Housing and Urban Development-Veterans Affairs Supportive Housing (HUD-VASH) voucher program. Brown is ranking member of the Banking, Housing, and Urban Affairs Committee

U.S. Sen. Sherrod Brown (D-OH) today announced $1,650,000 in federal funding for Erie County to remove lead and other health hazards in local homes to protect children and families from the life-long health effects of lead exposure. The U.S. Department of Housing and Urban Development (HUD) funding will address lead hazards in 80 housing units to provide safer homes for low and very low-income families with children. The Health Department will work with the Lorain County General Health District to facilitate the program.

Groffre Investments has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) after investigating and remediating the former J&L Steel Lagoons property in Louisville.

The Transit Tech Ohio project has been awarded a $6.8 million Transportation Investment Generating Economic Recovery (TIGER) grant. The money will be used to help rural transit agencies purchase hardware and software that allows them to schedule and dispatch transit vehicles.

U.S. Congressman Pat Tiberi (R-OH), a member of the Ways and Means Committee, today announced that a Central Ohio organization will receive New Markets Tax Credit allocations from the Department of the Treasury Community Development Financial Institutions Fund.

Congressman Tim Ryan is announcing that $45 million in federal funds has been allocated to the Development Fund of Western Reserve Inc. to support economic development projects that will create quality jobs and provide commercial and community goods and services to residents throughout the organization’s 18-county service area in Northeast Ohio

During its monthly meeting, the Ohio Tax Credit Authority reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Together the projects are expected to result in more than $89 million in new payroll and $150 million in investment across Ohio.

State Senator Tom Patton (R-Strongsville) today announced $600,000 in new state funding for Cleveland State University's cutting-edge project to develop and manufacture ultraconductive copper wire.

State Senator Troy Balderson (R-Zanesville) today applauded the announcement that BASF Corporation is considering Pickaway County to expand its operations, potentially creating 48 new full-time jobs.

During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, the projects are expected to result in more than $21 million in new payroll, and spur nearly $111 million in investment across Ohio.

Ohio Treasurer Josh Mandel’s office hosted a Center for Public Investment Management (CPIM) conference today at the Cuyahoga Valley Career Center. CPIM provides local government investment officers with continuing education training as they work to safeguard taxpayer dollars.

State Senator Troy Balderson (R-Zanesville) welcomed news that PTT Global Chemical (PTTGC) and its Japanese-based project partner, Marubeni Corporation, have selected a potential site in Belmont County for construction of a world-scale petrochemical complex.

CPIM provides local government investment officers with continuing education training as they work to safeguard taxpayer dollars.