Economic Development Programs

Economic Development Program

The Economic Development Program provides funds to units of local government to provide gap financing for local business development. Except for local infrastructure needs, Economic Development Program funds are repaid to the local community's Revolving Loan Fund to provide funding for additional business assistance activities.

Total Funds Available:	Approximately $3 million for FY 2011
Funding Source:	Federal CDBG
Eligibility:	Non-entitlement counties and cities
Application:	FY 2011 Ohio Small Cities Community Development Block Grant Economic Development Program Application
Application Submission Deadline:	Open Window Cycle
Award Recipients:	FY 2009 Economic Development Program Award Recipients (pdf)
More Information:	FY 2011 Ohio Consolidated Plan
Contact Information:	Questions regarding the Economic Development Program should be directed to the Office of Community Development, Economic and Community Development Section at (614) 466-2285.

Comprehensive Downtown Revitalization Tier One Program

The Comprehensive Downtown Revitalization Tier One Program provides funds to eligible communities to assist with the development of downtown revitalization planning documents.

Total Funds Available:	Approximately $100,000 for FY 2011
Funding Source:	Federal CDBG
Eligibility:	Non-entitlement counties, cities and villages
Application:	FY 2010 Comprehensive Downtown Revitalization Tier One Application and Guidelines
Application Submission Deadline:	Open Window Cycle
Award Recipients:	FY 2009 Comprehensive Downtown Revitalization Tier One Program Award Recipients (pdf)
More Information:	FY 2011 Ohio Consolidated Plan
Contact Information:	Questions regarding the Comprehensive Downtown Revitalization Tier One Program should be directed to the Office of Community Development, Economic and Community Development Section at (614) 466-2285.

Comprehensive Downtown Revitalization Tier Two Program

The Comprehensive Downtown Revitalization Tier Two Program provides funds to eligible communities to help eliminate blighted conditions, improve infrastructure and stimulate economic development in central business districts.

Total Funds Available:	Approximately $2.4 million for FY 2011
Funding Source:	Federal CDBG
Eligibility:	Non-entitlement counties, cities and villages
Application:	FY 2011 Comprehensive Downtown Revitalization Preliminary Tier Two Program Application
Application Submission Deadline:	May 20, 2011 (Preliminary Application) and October 4, 2011 (Full Application)
Award Recipients:	FY 2010 Comprehensive Downtown Revitalization Tier Two Program Award Recipients (pdf)
More Information:	FY 2011 Ohio Consolidated Plan
Contact Information:	Questions regarding the Comprehensive Downtown Revitalization Tier Two Program should be directed to the Office of Community Development, Economic and Community Development Section at (614) 466-2285.

Community Development Corporation Microenterprise Business Development Program

The Microenterprise Business Development Program provides grants to eligible nonprofit organizations to assist in the development of local microenterprise businesses and to create and retain long-term jobs in the private sector. Microenterprises are defined as for-profit entities with five or fewer employees, one of whom owns the business.

Total Funds Available:	$600,000 for FY 2011
Funding Source:	Ohio Housing Trust Fund
Eligibility:	Eligible nonprofit organizations
Application:	FY 2011 Microenterprise Busiess Development Program Application (pdf) FY 2011 Microenterprise Business Development Program Application Instructions (pdf)
Application Submission Deadline:	August 5, 2011
Award Recipients:	FY 2010 Microenterprise Business Development Program Award Recipients (pdf)
More Information:	FY 2011 Ohio Consolidated Plan
Contact Information:	Questions regarding the Microenterprise Business Development Program should be directed to the Office of Community Development at (614) 466-2285.