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2011 expo-asilp-presentation cgbf

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Funding Green Projects - Site, Building, and Communities
A presentation by Diane Alecusan, AICP, LEED AP
Office of Redevelopment, Ohio Department of Development
Presented at Columbus Green Building Forum's 2011 Green Building EXPO

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2011 expo-asilp-presentation cgbf

  1. 1. Funding Green Projects -Site, Building, and Communities Green Building Expo 2011 Diane Alecusan, AICP, LEED AP Office of Redevelopment, Ohio Department of Development The State of Ohio is an Equal Opportunity Employer and Provider of ADA Services.
  2. 2. Who are we? Ohio Department of Development Office of Redevelopment• Manage 3 loan programs, 2 tax credit programs, 4 grant programs and various new and developing initiatives• Eliminate barriers to sustainable redevelopment• Staff diversity• Wide range of stakeholders and projects• Established partnership with key agencies
  3. 3. What all do we offer?• Clean Ohio Brownfield Revitalization Fund• U.S. EPA Brownfield Revolving Loan Fund• OWDA Brownfield Loan Program• Brownfield Action Plan Pilot Program• Job Ready Sites• Ohio Historic Preservation Tax Credit• Ohio New Markets Tax Credit• Local Government Innovation Fund• Alternative Stormwater Infrastructure Loan Program
  4. 4. How does this fit in? Development Services Community Business Services ServicesRedevelopment
  5. 5. Green Infrastructure
  6. 6. Also known as...• Green Infrastructure• Green stormwater management• Sustainable stormwater management• Natural drainage systems• Water sensitive urban design• Environmentally sensitive design• Best Management Practices• Low-impact development• Etc…
  7. 7. Our Definition“A network of decentralized stormwater managementpractices, such as green roofs, trees, rain gardens, andpermeable pavement, that can capture and infiltrate rainwhere it falls, thus reducing stormwater runoff andimproving the health of surrounding waterways.”– Center for Neighborhood Technology
  8. 8. Why…
  9. 9. The Main Goals• Increase water quality and decrease water quantity• Make alternative stormwater infrastructure more affordable, and therefore more mainstream• Help communities meet their goals and requirements• Provide another source of funding for economic (re)development projects that bring multiple benefits to communities
  10. 10. Why does Ohio need this?• Outdated infrastructure• Flat land and urbanized areas that increase runoff• EPA Consent Decree requirements – Combined sewer systems serve 86 communities in Ohio • 772 communities with over 40 million people in U.S.  Columbus wet-weather management plan:  $2.5 billion over 40 years  Cincinnati’s Project Groundwork:  Over $3 billion  Cleveland’s Project Clean Lake:  $3 billion over 25 years
  11. 11. The Program
  12. 12. Alternative Stormwater Infrastructure Loan Program:Who qualifies?• ‘Governmental agencies’ – City, county, township – Sewer and water district – Conservancy district – Soil and water conservation districts – Watershed districts• Non-profit and for-profit are eligible Development Partners (and encouraged!) but can’t be primary applicant• Must own or have access to the property
  13. 13. Alternative Stormwater Infrastructure Loan Program:What areas qualify?Redevelopment focus:• Currently or previously developed (remember the goals)• Must have legal access• Plan for redevelopment or improvement resulting in economic benefit and/or revitalization of the community• Highly visibleNO:• Solid waste facilities• Agricultural land• Properties lacking existing infrastructure
  14. 14. Alternative Stormwater Infrastructure Loan Program:What will we pay for?Relate everything back to the stormwater project:• Indirect and/or administrative costs• Consulting fees (look back of 12 months)• Site preparation• Materials• Educational signage• Construction and installation• Initial maintenance• LEED certification fees
  15. 15. Alternative Stormwater Infrastructure Loan Program:What are the terms?• Maximum term of 10 years• Up to $5,000,000• Rate and Initiation of repayment to be negotiated between borrower and ODOD – No more than 2%
  16. 16. The Process
  17. 17. Process1. Pre-Application Meeting - ODOD and Potential Borrower 2. Application to ODOD 3. Application Review and Initial Loan Terms by ODOD 4. ODOD Director Recommendation to OWDA 5. ODOD & Applicant Presentation at OWDA Board Meeting 6. Loan Closing by OWDA 7. a) Disbursement Request Review by ODOD b) Disbursement by OWDA 8. Loan Repayment to OWDA
  18. 18. Pre-Application Meeting• Describe project and questions you have• Redevelopment or retrofit• Stormwater/watershed plans for the area• Estimated project cost• Current and past use of property
  19. 19. Process1. Pre-Application Meeting - ODOD and Potential Borrower 2. Application to ODOD 3. Application Review and Initial Loan Terms by ODOD 4. ODOD Director Recommendation to OWDA 5. ODOD & Applicant Presentation at OWDA Board Meeting 6. Loan Closing by OWDA 7. a) Disbursement Request Review by ODOD b) Disbursement by OWDA 8. Loan Repayment to OWDA
  20. 20. Application• 3 sections • A – Applicant Information • B – Financial Information • C – Project Information• We will ask things like: • What is the problem your project is designed to address? • Does the project fit with the master plan of the community? • What is the proposed economic benefit? • What alternative stormwater system components do you plan on using?
  21. 21. Process1. Pre-Application Meeting - ODOD and Potential Borrower 2. Application to ODOD 3. Application Review and Initial Loan Terms by ODOD 4. ODOD Director Recommendation to OWDA 5. ODOD & Applicant Presentation at OWDA Board Meeting 6. Loan Closing by OWDA 7. a) Disbursement Request Review by ODOD b) Disbursement by OWDA 8. Loan Repayment to OWDA
  22. 22. Process1. Pre-Application Meeting - ODOD and Potential Borrower 2. Application to ODOD 3. Application Review and Initial Loan Terms by ODOD 4. ODOD Director Recommendation to OWDA 5. ODOD & Applicant Presentation at OWDA Board Meeting 6. Loan Closing by OWDA 7. a) Disbursement Request Review by ODOD b) Disbursement by OWDA 8. Loan Repayment to OWDA
  23. 23. Let the project begin!• Project must commence within 18 months – Award of contract for demolition or construction contractor• Submit all deliverables within 5 years of loan agreement date – Based off of your project deliverable worksheet• Quarterly progress reports – project deliverable worksheet
  24. 24. Process1. Pre-Application Meeting - ODOD and Potential Borrower 2. Application to ODOD 3. Application Review and Initial Loan Terms by ODOD 4. ODOD Director Recommendation to OWDA 5. ODOD & Applicant Presentation at OWDA Board Meeting 6. Loan Closing by OWDA 7. -Disbursement Request Review by ODOD -Disbursement by OWDA 8. Loan Repayment to OWDA
  25. 25. Emphasis on partnerships• Internal and external• Well-rounded solutions need a well-rounded team – Planners – Engineers – Landscape Architects – Architects – Developers – Grassroots organizations – Local, regional, state government – Private businesses
  26. 26. Thank you!Diane Alecusan, AICP, LEED AP Urban Revitalization Specialist Office of RedevelopmentDiane.alecusan@development.ohio.gov 614-728-1229 www.development.ohio.gov/urban/

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