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Gilbert gives Detroit $500 million in help, some Cleveland leaders hope for the same Will help 20,000 Detroit homeowners pay back property taxes Gilbert gives Detroit $500 million in help, some Cleveland leaders hope for the same and last updated 2021-03-31 23:19:33-04 CLEVELAND â Some Northeast Ohio leaders hope Rocket Companies Founder and Cavaliers owner Dan Gilbert will give Cleveland a charitable infusion, similar to the unprecedented $500 million he gave to the City of Detroit on March 25. Rock Ventures announced the Gilbert Family Foundation will give Detroit $350 million and the Rocket Community Fund will contribute $150 million over a 10-year period. The philanthropic effort will include helping some 20,000 Detroit homeowners pay-off their back property taxes. ....
Cleveland could require licenses for short-term rentals, public hearings for full-time Airbnbs Derek Lindsay, Vista Design Pro LLC Realtor Lauren Cromwell has transformed three of the four units in a Detroit-Shoreway property, which she calls the Grey Barn, into short-term rentals. A one-bedroom, one-bathroom unit has rents that start at $79 a night, though the total price actually comes to $141 with taxes and fees, including a cleaning fee. Two Cleveland councilmen are taking another run at reining in short-term home rentals, a growing segment of the lodging economy that has been a boon to pandemic-weary travelers but a bane in some city neighborhoods. ....
Cleveland council approves losing $8m a year on Browns stadium lease instead of $6m a year fieldofschemes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fieldofschemes.com Daily Mail and Mail on Sunday newspapers.
Cleveland City Council approves rare 60-year TIF deal for the Flats East Bank Michelle Jarboe/Crain s Cleveland Business The Flats East Bank project, on downtown Cleveland s riverfront, is one of only a handful of existing developments in Ohio to take advantage of a narrow window for doubling the potential duration of a key tax incentive. Cleveland City Council agreed Wednesday, Dec. 9, to double the duration of a key tax incentive for the Flats East Bank project in an about-face that came barely 24 hours after a council committee put the unusual proposal on hold. In a 14-2 vote, members opted to add 30 years to an existing tax-increment financing arrangement on the 23-acre waterfront development. The decision lays the groundwork for developer Scott Wolstein to refinance the project and catch up on millions of dollars in debt payments to the city and other public and civic lenders. ....
City of Cleveland getting ready for a capital repair project at First Energy Stadium cleveland19.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cleveland19.com Daily Mail and Mail on Sunday newspapers.