|
Jurisdiction |
Montgomery
County |
State
of Ohio |
| Business
Linked Deposit Program |
Yes |
Yes |
| Housing Linked
Deposit Program |
Yes |
No |
| Brownfield
Clean-up |
Yes
(no job creation/retention requirement) |
No |
| Dollar amount
per job created/retained |
$35,000 |
$25,000 |
| Limit on sales
size capacity of company |
No
limit |
No
limit |
| Fixed rate
short-term loan for inventory--50% funded for new jobs |
Yes |
No |
| Loans to
franchises |
Yes |
No |
| Target
Areas/Zones for Linked Deposit |
Countywide
($3 million has been reserved for the Riverscape Area) |
Special
consideration given to areas around Ohio that have
greater than 1% or higher unemployment rate relative to
overall state employment |
| Wires funds
the next day to the bank |
Yes |
Wired
after 10am each business day |
| Number of days
for turnaround upon receipt of application |
Ten
business days |
Ten
business days |
| Include
equipment needed in production that retains or creates
jobs |
Yes |
Yes |
| Leasehold
improvements that create or retain jobs |
Yes |
Yes |
| Acquisition of
real property for new or expanded facilities |
Yes |
Yes |
