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Business groups, builders back bill to create 20‑mile housing 'RED' zones around major projects
Summary
Witnesses supporting Senate Bill 184 told the Senate Housing Committee the bill would create 20‑mile residential economic development districts around major investments (proposed $700 million threshold) and a housing accelerator grant fund to pay for site readiness, infrastructure and permitting incentives tied to pro‑housing local policies.
Supporters of Senate Bill 184 told the Ohio Senate Housing Committee the bill offers a targeted, incentive‑based approach to speed housing development near large economic investments.
“ We are close to a point to where we are going to start losing economic development projects if we do not address the housing supply,” said Nick Rhodes, director of policy and special projects at the Ohio Business Roundtable, in proponent testimony. Rhodes and other witnesses described the bill’s central mechanism: when a qualifying economic development project is announced, a 20‑mile residential economic development district (RED) would be created around the site, opening eligibility for locally administered grants to support housing‑related infrastructure, land acquisition and certain…
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