Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Controlling Board approves All Ohio Futures award for Warren-area access road amid member concerns over transparency and loan/grant mix
Summary
The State Controlling Board approved item 25 to fund an access road and related work to enable development of about 1,000 acres near Warren in Trumbull County. Members questioned the All Ohio Futures Fund’s communication with legislators and the mix of grants and forgivable loans used in awards.
The State Controlling Board on April 7 approved a Development item to fund an access road and related infrastructure to open roughly 1,000 acres outside Warren in Trumbull County for future economic development.
Representative Stewart and senators pressed Department of Development staff about the project’s economic impact, how many jobs the work might enable and whether the award is structured as a grant or loan. Department staff said the award will be issued in part as a grant and in part as a forgivable loan at 0% interest, and that the department generally works toward a roughly 50/50 grant-to-loan split depending on local capacity and project needs.
Through the chair, a department representative…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
