Difference between revisions of "The 166 Direct Loan (Ohio)"

From Open Energy Information

Line 65: Line 65:
{{Incentive Authority
{{Incentive Authority}}
|Incentive/AuthCode=Ohio Development Services Agency

Revision as of 12:37, 11 February 2015

Last modified on February 11, 2015.

EZFeed Policy

Place Ohio

Applies to States or Provinces Ohio
Name The 166 Direct Loan (Ohio)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy
Active Policy Yes
Implementing Sector State/Province

Program Administrator Ohio Department of Development
Primary Website http://www.development.ohio.gov/bs/bs_r166dl.htm

Last Review 6/6/14
Last Substantive Modification
to Summary
Information Source http://www.buckeyehills.org/pub/pdf/Biznet/Loan%20Programs/166%20Direct%20Loan%20Program.pdf


The 166 Direct Loan provides loans for land and building acquisition, expansion or renovation, and equipment purchase. This program may finance up to 50% of allowable project costs with loans ranging in size from $500,000 to $1,500,000. Development requires the creation or retention, within a three-year period, of one job for each $35,000 of 166 Direct Loan proceeds.

Policy Contact

Department Ohio Department of Development
Address 77 South High Street
Address 2 P.O. Box 1001
Place Columbus, Ohio
Zip/Postal Code 43216
Phone 800-282-0880
Phone 2 800-848-1300

Website http://www.development.ohio.gov/bs/bs_busgrantsloans.htm