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An Introduction to HB233 Downtown Redevelopment Districts Webinar

Heritage Ohio worked with Rep. Kirk Schuring to create Downtown Redevelopment Districts, essentially creating a TIF (Tax Increment Financing) District to focus on downtowns across Ohio. Recently, the Ohio General Assembly enacted HB 233, which created two new types of tax increment financing (TIF) programs – downtown redevelopment district TIFs and innovation district TIFs. The districts will allow for many opportunities including assistance in funding downtown managers as well as investing in building rehabilitations.  These new TIF programs complement long-existing TIF programs, such as urban redevelopment TIFs and traditional TIFs. This webinar will address the key elements of the new TIF programs, describe how they can work with existing TIF programs, and provide examples. Scott Ziance, an Advisory Board member to Heritage Ohio, will present this webinar.

This webinar has been approved for 1 AIA continuing education credit.

 

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PRESENTER BIO

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Scott J. Ziance

Scott is a partner in the Vorys Columbus office and a member of the tax group. He focuses his practice on the utilization of economic development incentives, tax incentives, economic development financing mechanisms, public-private partnerships and special economic development entities to assist developers, operating businesses and political subdivisions in developing and redeveloping property and creating jobs and economic growth. He also has substantial real property tax valuation litigation experience and significant experience with other aspects of state and local taxation, including oil and gas tax matters and unclaimed funds law. Scott leads the firm’s state and local tax efforts with regard to the firm’s numerous oil and gas clients involved in the Utica shale play.

Learn more about Scott HERE.

 

 

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