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The City of Hamilton could soon have both a new “city-focused port authority and development finance agency” and a new city manager, the Journal-News reports. The formation of the Hamilton Development Finance Agency (DFA) “requires a three-party joinder agreement” with approvals from Hamilton City Council, Butler County Commission ...

A nearly $16 million apartment building, the Barrister, is the first new affordable housing development in downtown Cincinnati in “at least 20 years,” the Cincinnati Business Courier reports. Over-the-Rhine Community Housing and Urban Sites led the development, but they credit “a bevy of partners, underscoring just how difficult such ...

Dover City Council is looking at a Tax Increment Financing agreement for Schaeffler Group USA’s plans to build a manufacturing facility that would bring 450 jobs to the city, according to a recent The Times-Reporter article.

The world’s largest producer of chemicals, German company BASF, is investing $70.5 million in a 20,000-square-foot addition to its Cincinnati manufacturing facility “to offer more sustainable products driven by growing North American demand,” the Cincinnati Business Courier reports.

The Northwest Ohio Innovation Consortium is “asking the state of Ohio for a $31.4 million grant to create a tech hub to advance glass-making and recycling,” and projects the hub would “create 1,600 local new jobs and $284 million in additional investment, research and outside capital,” The Toledo Blade reports. The consortium ...

While 2023 was “a year of economic uncertainty,” Team NEO’s CEO Bill Koehler said it “was one of the strongest years in terms of projects, with 96 companies expanding or moving,” although the average size of projects was smaller, Cleveland.com reports.

A proposed, multi-use project to convert about 16.6 acres on Marysville’s North Main Street from an “underutilized, vacant brownfield site” into a space that boosts the local economy was awarded “an $8-million tax credit” through the state’s Transformational Mixed-Use Development program, the Marysville Journal-Tribune

Thanks to a partnership among the Morrow County Development Authority, the Board of Morrow County Commissioners, and the Morrow County Engineer, the county will get a new engineering facility that will reduce costs, increase efficiency, and pay for itself in 20 years, the Morrow County Sentinel reports. The new garage “will be a roughly ...

The annual ‘IRS’ filing period is in full swing in Ohio--not only for federal income tax, but also for Ohio’s real property tax incentive programs. Yes, it’s Incentive Review Season for Ohio’s political subdivisions (villages, cities, townships, and counties) that have authorized tax incentives for development projects.

On ...

As if Intel’s $20 billion silicon chip facility, the “largest single private sector company investment in Ohio’s history,” wasn’t big enough, the project has created a ripple effect of other developments in the region, the Newark Advocate reports.

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