The 166 Direct Loan (Ohio)
Last modified on February 12, 2015.
|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|
|Implementing Sector|| State/Province
|Program Administrator||Ohio Department of Development|
|Primary Website|| http://www.development.ohio.gov/bs/bs_r166dl.htm
| Last Substantive Modification
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.
|Department||Ohio Department of Development|
|Address||77 South High Street|
|Address 2||P.O. Box 1001|
|Phone 2|| 800-848-1300