According to Dayton Business Journal, foreign businesses and investors spent $2.1 billion to acquire, establish, or expand in Ohio in 2014. Attracting investment by non-U.S. companies is important to economic development officials because those projects tend to be longer-term.

House Bill 233, which passed last month, set procedures for cities and villages to establish re-development districts for rehabilitating historic building and promoting economic development.

To enhance Rural Health and Public Safety, the USDA has announced investments in rural community facilities that include a $91 million loan to convert a vacant Ohio department store into a health care facility.

According to Fresh Water Cleveland, the financial package for a $5.2 million church complex redevelopment included state and federal historic tax credits, two municipal grants, owner equity, a Small Business Administrative loan, and a $2.25 million bank loan.

The Galion City Council passed legislation which sets a Tax Increment Financing (TIF) district that will bring a 70-bed hotel project on now-vacant property. According to the Galion Inquirer, the project will cost about $5.5 million.

CDFA is pleased to announce the selection of North South Government Strategies (NSGS) as the Council's legislative representation on Capitol Hill. Eric Silva, Founding Partner with NSGS, will continue his work as CDFA's legislative representative.

The Fundamentals Course is the foundation for all of CDFA's educational offerings. This course will help you understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.

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