CORF’s bond was initially supported by the state spirits agency, which was sold to JobsOhio when the organization was founded. State and federal programs have since invested in brownfields, but not to the extent that CORF’s term was.
State and federal programs currently underway are often very competitive, with restrictive end uses and minimal grant options. This makes it difficult for weak markets and smaller communities to effectively compete for funding.
In May @RepHillyer and @ DJSwearg89OH introduced laws to fund CORF through HB675. HB675 identifies the surplus alcohol profits returned to the state by JobsOhio as an annual source of finance.
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