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Downtown Dayton office building, Englewood manufacturer garner millions of dollars for energy projects

Downtown Dayton office building, Englewood manufacturer garner millions of dollars for energy projects
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OAQDA Provides $75 Million in Bond Financing to Support Cargill s Soybean Waste Facility Expansion

OAQDA Provides $75 Million in Bond Financing to Support Cargill s Soybean Waste Facility Expansion
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2021: The Year of the Ohio Air Quality Development Authority? | Dickinson Wright

To embed, copy and paste the code into your website or blog: If you’ve been involved with an energy project in Ohio any time in the last several decades, you may well already be familiar with the Ohio Air Quality Development Authority (OAQDA), which marks its 50th anniversary this year.[1] But for two important reasons, the OAQDA may become a lot more prominent over the next year. The OAQDA was established in 1971 under Ohio Revised Code (R.C.) Chapter 3706 to help the state meet the requirements of the recently enacted federal Clean Air Act. The core mission of the agency was to act as a conduit issuer of bonds for “air quality facilities” that reduce or prevent air pollution. Under R.C. 3706.041,[2] the qualifying facilities are then exempted from state and local sales and use tax on tangible personal property as well as real property tax for the life of the bond. OAQDA currently administers this financing and tax abatement mechanism under its “Clean Air Improvement Progr

OAQDA approves funds for Cargill project - Sidney Daily News

OAQDA approves funds for Cargill project COLUMBUS – Three projects were approved by the Ohio Air Quality Development Authority (OAQDA) during its board meeting Tuesday. The Authority approved the projects under the Clean Air Improvement Program (CAIP), which included, for the first time, a utility-scale solar project in Van Wert County. In addition, the Authority approved financing to support a large recycling and air quality project for Cargill Incorporated as part of their facility expansion along with an energy efficiency hotel retrofit for The Hospitality Group. OAQDA supports clean air improvements statewide by providing financial support through its bond financing and related tax benefits.

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