The Second Annual Economic Development 411

The Second Annual Economic Development 411 (ED411) is designed to showcase best practices in economic development for elected officials, community leaders and business leaders in the Columbus Region.

"You are part of the reason why the Columbus Region is realizing an economic development surge and being recognized as a leader in job growth. ED411 will allow you to learn how we can work together to maintain our dynamic and growing economy."

Friday, December 6 8 a.m. - 2 p.m. The Ohio Union at Ohio State University $25 per person, includes continental breakfast and lunch

Last year's event sold out. To ensure your space, please register here.

PROGRAM HIGHLIGHTS

The event will feature two acclaimed speakers: Bruce Katz, founding director of the Brookings Metropolitan Policy Program and co-author of The Metropolitan Revolution and Mark Lautman, founding director of Community Economics Lab and author of When the Boomers Bail.

ED411 will also include four breakout sessions:

• Workforce and Talent
• Site Preparedness
• Economic Incentives
• Regional Case Studies

Local and national experts will share their insights and advice on how best to move our communities forward.

For more information, including details on event parking, please visit columbusregion.com/ED411.

This program has been created by our friends at the Mid-Ohio Development Exchange, Mid-Ohio Regional Planning Commission and Columbus 2020.

Progress continues on advancing proposed Neighborhood Infrastructure Assistance Program

On November 12, 2013 the Greater Ohio Policy Center offered proponent testimony to the Senate Ways and Means Committee on the Neighborhood Infrastructure Assistance Program (NIAP).  Senate Bill 149 proposes to create a program that would offer a tax credit to businesses or corporations that make monetary donations to catalytic community development projects.  Providing testimony in partnership with coalition member, the Ohio CDC Association, GOPC and OCDCA explained the design specifics of the program and discussed successes other states have experienced with similar programs. After GOPC and OCDCA testified, a representative from PNC Bank offered proponent testimony in support of the bill.  PNC has been a leading voice for the creation of this program in Ohio and has many years of experience participating in similar tax credit programs in Pennsylvania and New Jersey.  Providing the private sector—investor—perspective, Stephanie Cipriani, Senior Vice President and Market Manager of Community Development Banking, described a range of projects PNC has invested in.  These projects include a housing development and a workforce and early education center.

Last, a nonprofit leader from Asbury Park, New Jersey described the transformation of a neighborhood in Asbury Park which was decimated by race riots and urban renewal projects in the 1970s.  With the help of New Jersey’s Neighborhood Revitalization Tax Credit Program, Paul McEvily and Interfaith Neighbors, Inc. have led the revitalization of one of New Jersey’s more disinvested neighborhoods.  McEvily’s testimony included a series of pictures of this neighborhood transformation and the impact of the private-public partnership created through New Jersey’s program, which prompted the Committee Chairman to jokingly propose a field trip to Asbury Park!

The proposed NIAP program still has at least one more hearing in the Senate and at least two more in the House before it can be voted upon by either the full House or Senate.  However, yesterday’s proponent testimonies significantly contributed to the momentum and energy around this proposed program.  Be sure to follow our twitter feed, blog, and newsletters to learn when these hearings will be scheduled.

For background information on the Neighborhood Infrastructure Assistance Program, please visit our webpage.

Legislative Update: GOPC to Give Testimony!

In partnership with Ohio CDC Association and a coalition of supporters, the Greater Ohio Policy Center will be testifying at the Statehouse in support of the Neighborhood Infrastructure Assistance Program on November 5^th.  The bills that would create this state tax credit program (SB 149 and HB 219) have begun to receive hearings, which allows for members of the General Assembly to ask questions about the proposed program.  GOPC is excited to be a leading proponent of this legislation. As previous newsletters have described, the Neighborhood Infrastructure Assistant Program would authorize tax credits for monetary contributions invested in catalytic economic and community development projects undertaken by local governments and nonprofit corporations.

This upcoming legislative hearing would not be possible without the dozens of organizations around the state that have facilitated introductions to legislators or have voiced their support of this bill to their Senator or Representative.  To see the complete range of supporting organizations, we proudly list them on the 1-pager we “leave-behind” with stakeholders and on this webpage.  If you are interested in adding your organization to this list, please email Alison D. Goebel. Your support has been and will continue to be invaluable in moving this legislation toward passage!

Revitalizing Ohio’s Vacant Properties

We would like to thank all of those who participated in the 2013 Revitalizing Ohio’s Vacant Properties conference! We thought that the summit was a great success, thanks in large part to the cross-sector attendance and relationship-building that occurred over the course of the two days.

The conference speakers and breakout sessions facilitated the exchange of ideas on practices and policies that could be used to leverage vacant properties as opportunities for community revitalization throughout Ohio.

The following links offer materials and highlights from the conference:

Click here to view and download conference presentations

Click here to see highlights from the keynotes and breakout sessions

Click here to see photos from the conference

Click here to join the ongoing discussions in Greater Ohio’s LinkedIn group

Tours de Cleveland and Philadelphia

Last week, Greater Ohio traveled to Cleveland and Philadelphia both to learn from local experts and to share knowledge. On Monday, Lavea and I took a road trip up to Cleveland. Our first stop was to University Circle, Inc. where we met with UCI President Chris Ronayne. We learned about the great work UCI is doing as part of a unique “anchor district.” In other words, University Circle is a district with a multitude of anchor institutions contributing to its strength. We’re interested in learning more about other anchor districts and how they can support legacy cities and their communities!

Next, Lavea gave a presentation to the Cleveland Metropolitan Bar Association’s Environmental Law Section about the Clean Ohio Fund and the future of the brownfield revitalization program. Click here to view the presentation.

Finally, we went on a tour of Slavic Village and met with some of the partners of Slavic Village Recovery LLC, including representatives from Forest City Enterprises Inc., Safeguard Properties, and Slavic Village Development Corporation. The public-private partnership intends to renovate up to 300 homes within the next three years, which will have a transformative effect on the neighborhood. When asked what he thought of the new developments in the community, a local resident said he thought that it is great for the neighborhood. Another resident even offered to help mow the lawns of the newly renovated homes. Greater Ohio is keenly interested in learning about Slavic Village Recovery’s strategy for helping to stabilize the neighborhood over time.

Lavea traveled to Philadelphia on October 11th to participate on a panel at the University of Pennsylvania’s Legacy and Innovation conference. The interdisciplinary conference was sponsored by the Provost at Penn and hosted in partnership with PennDesign, Initiative for Global Environmental Leadership (IGEL), Penn Institute for Urban Research, PennMedicine, PennLaw, Wharton, PennEngineering, and Next City.

The stated purpose of the conference was to:

“[…] bring together regional and national thought leaders in economic development, urban policy and planning, design, and innovation to discuss a future for the Philadelphia region, with the intention that these lessons learned, new ideas, and identified new frontiers can be applied to other metropolitan areas across the country and the world.”

Lavea participated on a panel titled, “Legacy Cities, Legacy Assets.” Lavea was the co-author of the recently published report “Regenerating America’s Legacy Cities” and was able to add value to the discussion on legacy cities’ assets and how they can influence regional economic performance. The panel was moderated by Diana Lind of Next City , and included John Grady of the Philadelphia Industrial Development Corporation, Patrick Kerkstra of the blog City Junto, and Ted Dahlburg of the Delware Valley Regional Planning Commission.

Coincidentally, Emilie Evans recently wrote an article about the “Regenerating America’s Legacy Cities” report for the National Trust for Historic Preservation, called "Regenerating America’s Legacy Cities: A Review from Detroit." Check it out!

EPA Releases New Toolkit for Greener Residential Demolition

EPA Region 5—serving Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin—just released a new toolkit for cities, counties and land banks undertaking large-scale residential demolitions. The report, “On the Road to Reuse: Residential Demolition Bid Specification Development Tool,” includes valuable information on:

• Environmental issues associated with residential demolitions, from pre-planning to demolition to site rehabilitation (e.g., hazardous materials abatement, fill material selection and placement, material recycling or deconstruction).
• Specific practices that can be incorporated into the demolition contracting process to achieve better environmental outcomes.
• Existing regulations and best management practices concerning residential demolitions.
• Bid specification language that instructs contractors on the technical requirements of greener demolition projects.

The purpose of this toolkit is to assist cities, counties, land banks and other entities with the inclusion of greener practices in the demolition bid specification used during the contracting process. The use of environmentally beneficial demolition will result in better site conditions and will better prepare vacant lots for future reuse.

For more details on reclaiming vacant properties, make sure to check out our upcoming conference:

"Revitalizing Ohio's Vacant Properties: Tools & Policies to Transform Communities"

October 22-23, 2013 The Westin Columbus 310 S. High Street Columbus, Ohio, 43215

Congratulations Cleveland Neighborhood Progress

Congratulations to three essential organizations leading Cleveland's neighborhood revitalization! We wish Neighborhood Progress, Inc, Cleveland Neighborhood Development Coalition and Live Cleveland the best as the newly formed Cleveland Neighborhood Progress. More information about the merger can be found in this press release and video.

Will Mortgage Companies Get the Right to Redeem in the Tax Foreclosure Process?

By Jacob Wolf, GOPC intern The Ohio Supreme Court will hear the appeal of a case that could have a major impact on efforts to redevelop foreclosed properties in the state. Under Ohio law, a property owner whose property is in danger of foreclosure due to unpaid taxes may pay off those taxes and keep the property without it going up for auction at a sheriff’s sale. This is called the right of redemption. The issue in this case—with the unwieldy name of In the Matter of the Foreclosure of Liens for Delinquent Taxes v. Parcels of Land Encumbered with Delinquent Tax Liens et al.—is whether a mortgage company has the same right of redemption as a property owner.

Coshocton County started tax foreclosure proceedings on the property in question in April of 2011. Six months later, the property was sold at a sheriff’s sale.  Two weeks after the sale, the company that held the mortgage on the property—Vanderbilt Mortgage and Finance—filed motions to vacate the sheriff’s sale and to redeem the property by paying the delinquent tax bill. The trial court accepted Vanderbilt’s redemption and voided the sale, but the county appealed. The 5^th District Court of Appeals sided with the county, overturning Vanderbilt’s redemption.

In its appeal to the Ohio Supreme Court, Vanderbilt argues that it was protecting its mortgage interest in the property. However, the appellate court found that Vanderbilt could have protected its interests in one of two ways:

1. by advancing the tax money to the homeowners and allowing them to exercise their right of redemption before the sheriff’s sale, or
2. by bidding on the property at the sheriff’s sale.

The land sold for more than $15,000 at the auction. Conversely, the homeowners owed only $825.84 in taxes; and Vanderbilt paid a total of $6,000 to the county in their attempt to redeem the property. It appears as though the Court of Appeals thought Vanderbilt was attempting to take ownership of the property without bidding at the sheriff’s sale.

If the Ohio Supreme Court rules in favor of Vanderbilt, it will allow banks and mortgage lenders to acquire foreclosed properties at deep discounts. Currently, these properties often wind up in city and county land banks, where they can be prepared for redevelopment. This court case, and its decision regarding property acquisition by private lenders, will influence the future of urban redevelopment and revitalization efforts in Ohio.

Weinland Park Study Featured in Dispatch

A recent Columbus Dispatch editorial, "Weinland Park effort will pay off," featured Greater Ohio's study of investments in the Weinland Park neighborhood:

"The community may have a clearer picture soon of what’s working. [...] The nonprofit Greater Ohio Policy Center has been evaluating the Weinland Park efforts undertaken since 2007.

Hard data on which programs and improvements really are improving quality of life will help guide all the efforts and spending yet to come.

It’s a smart way to avoid wasting time, effort and money.

And it’s another indication that the Columbus community is determined to win the battle for Weinland Park."

GOPC is currently undertaking analyses of investments in Columbus' Weinland Park and near South Side neighborhoods, and plans to release the findings by the end of the year. This research is being supported by The Columbus Foundation.

Around the World in Several Days: GOPC Travels to Philadelphia and Germany

This past week, GOPC traveled to conferences on both sides of the globe. Executive Director Lavea Brachman participated on panels at both the Reclaiming Vacant Properties Conference hosted by Center for Community Progress in Philadelphia and the Shrinking Cities in Europe conference held in Essen, Germany.

Brachman moderated a panel in Philadelphia titled “Aligning Financial Institutions and Community Development Goals: Building Strategic Coalitions to Move a State Level Vacant Property Revitalization Policy Agenda.” The panelists, including bankers and community development leaders from Ohio and Pennsylvania, discussed coalition-building strategies that they have used to leverage relationships between the private, non-profit and public sectors to generate a strategic statewide policy agenda that addresses the acquisition, demolition, foreclosure, redevelopment and prevention of vacant properties.

Shortly afterward, Brachman flew across the Atlantic to Germany, where she participated in the conference roundtable on “The global challenge of Shrinking Cities.” As a former Fellow of the German Marshall Fund and a delegate of the Cities in Transition initiative, Lavea contributed her knowledge of legacy cities in the U.S. while learning from other experts from around the world. The conference marks the conclusion of the 4 year European COST Action “Cities Regrowing Smaller” initiative.

GOPC’s involvement in these events has enriched our network of relationships as well as our working knowledge of how to address the challenges and promote the strengths of legacy cities.