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Butler County Finance Authority highlights downtown investment, loan programs and a manufacturer outreach series
Summary
BCFA President Joshua Smith briefed commissioners on 2025 highlights including a $15 million catalytic fund for downtown Middletown, a $3.5 million jobs-and-development bond reserve and a $500,000 revolving loan placed with the Southwest Ohio Improvement Fund to support manufacturing and small-business projects.
Joshua Smith, president and CEO of the Butler County Finance Authority, told the Board of Commissioners on April 14 that the authority’s 2025 work focused on unlocking capital, supporting downtown Middletown and creating small-business loan tools.
Smith said the commission’s $15 million catalytic investment fund for downtown Middletown was a key driver to secure a development agreement for the former Manchester hotel site; he described potential total private investment for the initial projects as rising toward $30 million. He also summarized a $3.5 million reserve and jobs-and-development bond fund established with…
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