Ohio Site Inventory Program (OSIP)

Ohio Site Inventory Program (OSIP) is sponsored by JobsOhio. The primary goal of the Ohio Site Inventory Program (OSIP) is to fill gaps in Ohio's real estate inventory with real estate targeting near-term sector wins to ensure Ohio is more competitive for reactive site selection projects. The OSIP offers grants and low-interest loans to support speculative site and building development projects with no identified end user.

Ohio Site Inventory Program | JobsOhio Ohio Site Inventory Program Grants and low-interest loans for speculative job-ready development projects The primary goal of the Ohio Site Inventory Program (OSIP) is to fill gaps in Ohio’s real estate inventory with real estate targeting near-term sector wins to ensure our state is more competitive for reactive site selection projects.

The OSIP offers grants and low-interest loans to support speculative site and building development projects with no identified end user.

Explore the Site Inventory Program View Goals and Guidelines Fill gaps in Ohio’s real estate inventory Assist with mitigating developer risks preventing development Accelerate the process of bringing in-demand projects and sites online JobsOhio seeks a diverse portfolio of inventory types and locations such as: Small, medium, and large projects Office or R&D, as well as manufacturing, warehousing, and distribution Urban, suburban, and rural locations Developed real estate that aligns with one of JobsOhio’s targeted industry sectors Other Key OSIP Components: A lead development entity (i.e., community, port authority, private developer, etc.) should be identified Loans will typically support new construction Grants will typically support costs associated with demolition, environmental remediation, building renovations, site preparation, and infrastructure improvements OSIP Projects will be evaluated based on the following guiding principles: A clearly identified lead development entity Phase I Environmental Site Assessment (ESA) must be completed Phase II ESA must be completed if the Phase I recommends it Program is reimbursement based Diverse statewide portfolio Experienced development partner 30+ acres for site development (no proposed building) New building construction is typically supported by a loan Projects anticipated to result in near-term job creation Brownfield redevelopment projects Projects that fill inventory gaps within JobsOhio targeted industry sectors Program funding comes from a combination of grants and loans to be used as a development accelerator that fills current funding gaps: 5 years: July 2020 through June 2030 $50 million: Annual program funding ($250 MM total) $2 million: Max grant per project $5 million: Max grant/loan combination per project 50%: Max JobsOhio contribution toward total project costs Ohio Site Inventory Program Pre-Vet Form Prior to developing a proposal, JobsOhio recommends you complete and submit its OSIP pre-vet form.

We will follow up with you about your project. Not sure if you qualify? Please review: Read about our most recent site projects.

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