Economic Development

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How Ohio’s Communities can tap into Federal Opportunity Zones

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How Ohio’s Communities can tap into Federal Opportunity Zones

Opportunity Zones (OZs) are low-income census tracts, which investors can make qualifying investments into new projects and enterprises in exchange for federal capital gains tax reductions. Since they were first established as a pilot program in 2017, OZs have encouraged investors to invest in new housing and other real estate projects across the country, including in Ohio.

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Opportunity Zones 2.0: How Communities can Benefit from and Prepare for the Program

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Opportunity Zones 2.0: How Communities can Benefit from and Prepare for the Program

Established in 2017, Opportunity Zones (OZs) are low-income census tracts where investors can make qualifying investments into new projects and enterprises in exchange for federal capital gains tax reductions. Now permanent, there are changes coming to the program this year.

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Updates to the Mahoning Valley Current Conditions Reports

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Updates to the Mahoning Valley Current Conditions Reports

In light of recent additional analysis conducted by the Foundation, GOPC re-reviewed the reports and determined that using 2020 Census data did not give the best full picture of how the Mahoning Valley is performing across the selected indicators.

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Ohio’s Legacy Communities are Essential to Maintaining the State’s Position as the Country’s 7th Largest GDP Producer

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Ohio’s Legacy Communities are Essential to Maintaining the State’s Position as the Country’s 7th Largest GDP Producer

Greater Ohio Policy Center has released Ohio’s GDP in National Context: Ohio’s Legacy Places Matter a Lot, a white paper on the state’s population trends and their impact on the state’s economy.

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Main Operating Budget Proposal Submitted to the General Assembly

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Main Operating Budget Proposal Submitted to the General Assembly

With the introduction of the budget blue book, the work of passing the two year state budget now shifts to the Ohio General Assembly. Hearings should begin soon in the Ohio House of Representatives, with the Ohio Senate likely to begin work in April or May.

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Opinion: Intel development creates a unique opportunity to invest in a multifaceted transportation network

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Opinion: Intel development creates a unique opportunity to invest in a multifaceted transportation network

The construction of the Intel facility should serve as an opportunity for Central Ohio planners and transportation engineers to instead embrace the development of a multifaceted transportation system that will serve as a catalyst for responsible growth now and into the future.

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Euclid’s Economic Revitalization & Inclusive Outcomes Strategies Get Global Attention

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Euclid’s Economic Revitalization & Inclusive Outcomes Strategies Get Global Attention

When planning how to recover from the COVID-19 pandemic, Euclid prioritized helping local families build wealth through businesses and supporting a thriving downtown. The City committed to implementing a twofold strategy: promote economic revitalization and inclusive outcomes by supporting local, Black- and Brown-owned, small-scale manufacturing businesses to contribute to “more energy and commerce to downtown”.

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