Cuyahoga County Solid Waste District
Publications Free!
 
Residential Recycling
 
Business Resources
  Construction Debris
Food Donation
Office Paper Recycling
Recycling Directory
Waste Exchanges
 
Kids Page
 
Classroom Resources
 
Household Hazardous
Waste
 
District Data
 
Search
 
  RESOURCE DIRECTORY FOR RECYCLING ENTERPRISES
    BROWNFIELD INCENTIVES  
  INTRODUCTION
  FINANCIAL RESOURCES
  BUSINESS RESOURCES
  RECYCLING RESOURCES
  APPENDIX
Cleveland Department of Economic Development
601 Lakeside Ave. #210
Cleveland, OH 44114
PH: 216.664.2406
Neighborhood Development Investment Fund (NDIF)
Gap financing for large scale economic development projects that will create at least 100 new jobs in a Cleveland neighborhood. Funding can be used for fixed assets and to finance acquisition and site preparation costs for industrial park developments. Loan amounts up to 25% of project financing from $500,000 to $2 million.
Cuyahoga County Department of Development
112 Hamilton Ave. 4th FL.
Cleveland, OH 44114
PH: 216.443.7260
Brownfield Redevelopment Fund
Loans of up to $1 million to perform Phase I and Phase II environmental testing, site remediation, and for costs associated with obtaining a Covenant Not to Sue under the Ohio Voluntary Action Program. Eligible activities also include property appraisals, land acquisition, and site clearance and demolition at brownfield sites. Eligible applicants include municipal corporations, non-profit community development corporations, private developers, and businesses. Loan term up to 15 years.
Ohio Department of Development
77 S. High Street
Columbus, OH 43216-1001
PH: 614.466.4551
http://www.odod.ohio.gov
Brownfield Site Clean-Up Tax Credit Program
This program can provide a taxpayer with a state franchise or income tax credit for the voluntary remediation of a contaminated site. Eligibility is determined by the Director of the Ohio Department of Development. The non-refundable credit is based on a percentage of the eligible costs of remediation, including the costs of the Phase I and Phase II property assessments.
Ohio Environmental Protection Agency
Voluntary Action Program
221 S. Front Street
Columbus, OH 43215
PH: 614.644.2924
Federal Brownfields Tax Incentive
Tax incentives for companies located in targeted "distressed" areas that can demonstrate their property is contaminated or there is a threat of contamination. Eligibility is determined by the Director of the Ohio EPA. Companies must apply to the Ohio EPA Voluntary Action Program and provide an environmental assessment. Property owners can also fully deduct environmental cleanup costs in the year in which the costs are incurred for properties located in distressed areas.
Ohio Department of Taxation
Division of Tax Equalization
P.O. Box 530
Columbus, OH 43266
PH: 614.466.5744
Voluntary Action Program Tax Abatements
Companies that have obtained a Covenant Not to Sue from the Director of the Ohio EPA, can receive a tax abatement to their property. The abatement is issued as an order by the tax commissioner, and only covers the increase in the assessed value of the land and buildings that existed at the time the covenant was issued. The abatement lasts for ten years.
Ohio Water Development Authority
88 East Broad St, #1300
Columbus, OH 43215
Phone: 614.466.5822
http://www.owda.org
OWDA Loan Program
Financial assistance available for the remediation of privately or publicly owned property. Terms and conditions are tailored to each loan. A Voluntary Action Program certified professional must direct the remediation effort. Other requirements include a financial analysis, real estate appraisal, and an evaluation of the potential effectiveness of the project.
 
Home Cuyahoga County
Solid Waste District

323 Lakeside Ave W, Suite 400
Cleveland, Ohio 44113-1009
Tel: 216-443-3749
Fax: 216-443-3737
[email protected]