Press Room >> 2009 Press Releases For Immediate Release GOVERNOR, BARBASH ANNOUNCE $200,000 GRANT TO THE VILLAGE OF DILLONVALE FOR ENVIRONMENTAL IMPROVEMENTS The Urban Development Division assists communities with place-based redevelopment which creates wealth from personal, business and community successes. The Urban Development Division works to identify the resources and financing necessary to enhance the economic viability of local communities. # # # Media contacts: Eileen Turner at 614.728.6674 or the Communications & Marketing Office at 614.466.2609
February 26, 2009
COLUMBUS-- Ohio Governor Ted Strickland and Mark Barbash, Interim Director of the Ohio Department of Development, today announced that the Village of Dillonvale in Jefferson County has been awarded a $200,000 grant to assist in efforts to redevelop the Former Middle and High School Project Property. The federal funds from the U.S. Environmental Protection Agency are awarded through the Brownfield Revolving Loan Fund Program, administered by the Ohio Department of Development’s Urban Development Division.
"Ohio must continue to invest in and develop our brownfields to ensure future economic growth opportunities and advance the quality of life for Ohioans," said Barbash. "The Village of Dillonvale’s project is a vital part of Ohio’s efforts to reach this important goal and improve our physical assets thus enhancing community activity within the Village."
The $233,543 project, located at 135 School Street, will support asbestos abatement and demolition activities. The planned redevelopment is expected to provide the Village with much needed public gathering space. The project will connect existing greenspace with the new public space creating a defined area of community recreation.
The Brownfield Revolving Loan Fund, capitalized by a grant from the United States Environmental Protection Agency (USEPA), offers below-market rate loans to assist with the remediation of a brownfield property to return it to a productive economic use in the community. Properties receiving assistance from the Revolving Loan Fund must have been contaminated from hazardous substances and petroleum.
The state is committed to aiding in brownfield redevelopment of its urban areas through the Brownfield Revolving Loan Fund Program and the Clean Ohio Fund. The Clean Ohio Fund restores, protects, and connects Ohio's important natural and urban places by preserving green space and farmland, improving outdoor recreation, and by cleaning up brownfields to encourage redevelopment and revitalize communities. The Clean Ohio Fund is part of the $1.57 billion Ohio Bipartisan Job Stimulus Plan, which aims to create new jobs while laying the foundation for future economic prosperity. In the Job Stimulus Plan $400 million was set aside for the Clean Ohio Fund. For more information about the Clean Ohio Fund visit www.clean.ohio.gov.
Working with our partners across business, state and local governments, academia, and the non-profit sector, the Ohio Department of Development works to attract, create, grow, and retain businesses through competitive incentives and targeted investments. Engaged every day in marketing, innovating, investing, and collaborating, the Ohio Department of Development works at the speed of business to accelerate and support the teamwork that is absolutely necessary for success by providing financial, informational, and technical assistance to those making an investment in Ohio’s future.