WHAT SHOULD I BE DOING INSTEAD OF THIS?
 
September 24th, 2013 By German Lopez | News | Posted In: News, Streetcar, Business, Development

Morning News and Stuff

Streetcar on track, initiative to redevelop homes, Pure Romance touted in tax credit debate

streetcar

The streetcar project is on track for its Sept. 15, 2016 opening date, according to a monthly progress report released by the city yesterday. Through Aug. 31, the city spent $22.1 million on the project, including nearly $2 million in federal funding. In total, the project is estimated to cost $133 million, and about $45 million will come from the federal government. CityBeat covered the project and political misrepresentations surrounding it in further detail here.

Vice Mayor Roxanne Qualls, the Greater Cincinnati Port Authority and community partners yesterday unveiled the “Come Home Cincinnati” initiative, which promises to make vacant properties available to new occupants in an effort to increase homeownership and redevelop neighborhoods hit hardest by vacancy and abandonment. The initiative will work through the Hamilton County Land Bank, private lenders and community development corporations to connect potential homeowners with a pool of loan guarantees, which would pay for the home loans if a borrower defaulted. Qualls’ office says the plan will likely require tapping into the city’s Focus 52 fund, which finances neighborhood projects. If City Council passes the motion supporting the initiative, the city administration will have 60 days to come up with a budgeted plan, which Council will also have to approve.

A Democratic state legislator used Pure Romance’s troubles to criticize Ohio’s process for granting tax credits.

State Rep. Chris Redfern, who sits on the legislatures Controlling Board, repeatedly brought up Pure Romance when discussing tax credits for three companies supported by Gov. John Kasich’s administration. Redfern ultimately didnt vote against the tax credits, but he only backed down after getting state officials to say the three companies were meeting all of the state’s priorities. Pure Romance originally planned to move its headquarters and 60 jobs from Loveland to downtown Cincinnati and create 60 jobs in the process. But since the company was denied state tax credits, its openly discussed moving to Kentucky to take up a better tax offer. The Kasich administration says it denied the tax credits because Pure Romance isn’t part of a targeted industry, but Democrats argue the administration is killing jobs in Ohio just because of prudish feelings toward Pure Romance’s product lineup, which includes sex toys.

Cincinnati will be honored by the U.S. Environmental Protection Agency (EPA) later today for connecting residents to renewable energy sources, according to a press release from the city. Some environmental groups have already praised Cincinnati for championing solar energy in particular, as CityBeat covered here.

At a City Council forum last night, residents demanded walkable, livable neighborhoods that include grocery stores.

Internet cafes need more than 71,000 signatures to get on the November 2014 ballot. The cafes are attempting to overturn a state law that effectively forces them out of business. State officials argue the law is necessary because Internet cafes, which offer slot-machine-style games on computer terminals, are hubs of illegal gambling activity. But Internet cafes say what they offer isn’t gambling because customers always get something of value — phone or Internet time — in exchange for their money.

The Affordable Care Act’s (“Obamacare”) marketplaces will go live in one week, regardless of whether the federal government shuts down. The marketplaces will allow users to enroll in insurance plans with tax subsidies from the federal government. CityBeat covered the marketplaces and efforts to promote and obstruct them in further detail here.

A Democratic state legislator is pushing new requirements that would force lobbyists to disclose their annual salaries.

I-75 lanes are temporarily closing for improvements.

Step one to stopping malicious hackers: Learn their ways.

 
 
 
 
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