Site Grants
Unlock the Full Potential of Your Property
Developing a site for business investment requires strategic planning, infrastructure improvements, and financial resources. Our team works closely with site and property owners to help unlock funding, navigate incentive programs, and prepare sites for business attraction. Whether you're looking to enhance utility access, secure grant funding, or position your property for future development, our team provides the expertise and connections needed to maximize your site’s potential.
Funding & Grant Opportunities
Ohio Site Inventory Program
Grants and low-interest loans for speculative job-ready development projects
The primary goal of the Ohio Site Inventory Program (OSIP) is to fill gaps in Ohio’s real estate inventory with real estate targeting near-term sector wins to ensure our state is more competitive for reactive site selection projects. The OSIP offers grants and low-interest loans to support speculative site and building development projects with no identified end user.
Rural Industrial Park Loan Program
The Rural Industrial Park Loan Program (“RIPL”) promotes economic development by providing low-interest direct loans to assist eligible applicants in financing the development and improvement of industrial parks and related off-site public infrastructure improvements.
All Ohio Future Fund
The 2024-2025 state operating budget (Ohio House Bill 33) established the All Ohio Future Fund (AOFF) with a historic $750 million investment to support local communities with site-readiness and preparation to attract economic development projects. The Ohio Department of Development will work in coordination with JobsOhio, other state agencies, and the Ohio General Assembly to establish more project-ready sites for economic development opportunities across Ohio.
Brownfield Remediation Program
The Brownfield Remediation Program provides grants for the cleanup of brownfield sites, to assist in the remediation of hazardous substances or petroleum at an industrial, commercial, or institutional property. Remediation includes acquisition of a brownfield, demolition performed at a brownfield, and the installation or upgrade of the minimum amount of infrastructure necessary to make a brownfield site operational for economic development activity.
Approximately $50 million in funds are available for the second award period. Funds will be available on a first-come, first-served basis for eligible projects.
Site Readiness Grant
The OhioSE Site Readiness Grant is a matching grant program designed to improve the readiness for development of high-value industrial sites within the Southeast Ohio region. The focus of this grant is documentation of current site conditions and potential for future development. Due diligence studies and basic engineering plans are offered through the program. The cost share for the grant has a 2:1 ratio with OhioSE contributing $2 for every $1 provided by the applicant.
Special Purpose Grants
Have a project that doesn’t quite fit the parameters of a Site Readiness Grant? The OhioSE Special Purpose Grant may be another opportunity to get funding. Special Purpose Grants typically have a 1:1 match, meaning OhioSE contributes $1 for every $1 provided by the applicant. These grants are reimbursement-based grants. OhioSE will reimburse the match once all paperwork and documentation has been received for the work awarded. An application for an OhioSE Special Purpose Grant can be submitted at any time. Below are the descriptions of the Special Purpose Grants along with their linked applications.
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Thanks to the Ohio Site Inventory Program Grant, we were able to proceed with the development of Hometown Business Park and erect the first two 24,000 square foot buildings on the site. The OSIP funding also enabled us to outfit this burgeoning complex with geothermal heating and cooling – the first of its kind in the region – as well as many other appointments designed to satisfy manufacturing, assembly, and warehouse operations. OhioSE has been supportive throughout the site development process, and we look forward to working together with them into the future to bring more business to Southeaster Ohio.
John Walsh / Alliance Industries / Executive Vice President