The city of Gahanna has extended its deadline to apply for the City’s Charter Review Commission to Monday, Oct. 13th at 4pm
- The City of Gahanna's Charter Review Commission is a temporary advisory body formed to review and recommend updates to the city's Charter, which serves as Gahanna’s foundational governing document—similar to a constitution for the city.
- Find details, including eligibility requirements HERE.
Local –
Vantage Data Centers receives state incentive for $2B campus in Millersport
- The Ohio Tax Credit Authority on Wednesday awarded Vantage Data Centers an incentive for the development, which will be located on six parcels off Route 204 in Millersport.
- The agricultural properties total approximately 450 acres on Lancaster-Newark and Blacklick-Eastern roads, Fairfield County property records show. The largest parcel spans 374 acres at 1420 Lancaster-Newark Road.
- The 10-year, 50% data center sales tax exemption has an estimated value of $76.1 million, according to the state.
State –
ARTICLE: Property tax reform bills pass Ohio House, larger fight looms
- Yesterday, 10/8, the Ohio House of Representatives passed two bills aimed at providing other property tax relief.
- House Bill 129, which passed 81-16, would modify the calculation of the 20-mill floor, a mechanism that ensures a minimum level of funding for schools.
- House Bill 309, which passed 75-19, would empower county budget commissions to reduce property taxes that collect unnecessary or excessive amounts starting five years after levies were approved.
- Ohio REALTORS® ADVOCACY WIN (ICYMI): Ohio Legislature Overrides Governor’s Veto, Advancing Key Property Tax Reform.
- Staff are monitoring and will update membership.
National –
The Longer the Shutdown Continues, the Greater the Impact on Housing
- As the federal government shutdown continues, the consequences for the housing market and the broader economy grow more serious by the day.
- Among the most immediate impacts is the lapse of the National Flood Insurance Program (NFIP), which supports roughly 4.7 million policies and backs $1.3 trillion in coverage across the country.
- The National Association of REALTORS® strongly urges Congress to reach a deal to reopen the government as soon as possible and restore stability to housing programs.
