ECONOMIC DEVELOPMENT

Zones
Revolving Loan Fund

The Revolving Loan Fund (RLF) uses community development block grant fund program income to serve as gap financing for employers creating jobs for low-to-moderate income workers. 

It is the goal of Richland County in establishing a revolving loan fund that it will be able to provide financial assistance to small business and industry within its jurisdiction in projects that will increase the economic base of the area and to provide new job opportunities to persons primarily of low and moderate income.

The Richland County Revolving Loan Fund will be administered by the Richland County Regional Planning Commission, with assistance obtained from other sources in the community.

Economic development activities of the Richland County Regional Planning Commission include the oversight of the Revolving Loan Fund (RLF) that provides assistance to help small businesses in financing their job creating expansion projects. The Commission also administers the Enterprise Zone Program for the County that provides tax incentives for business expansion. It also maintains a supportive and cooperative relationship with the Richland Community Development Group, Chamber of Commerce organizations throughout the County and Downtown Mansfield, Inc., an organization that focuses on redevelopment.

Enterprise Zone Program

The Ohio Enterprise Zone Program is an economic development tool administered by municipal and county governments that provides real and personal property tax exemptions to businesses making investments in Ohio. These zones within Ohio are designated areas in which businesses can receive tax incentives in the form of tax exemptions on eligible new investment.

A required element in the establishment of Enterprise Zones in Richland County was the designation of an Enterprise Zone Manager for each zone. The Richland County Regional Planning Commission has served at the Enterprise Zone Manager for Richland County since the late 1980’s. Under the umbrella of the Richland County program, are the Enterprise Zones that cover the following communities listed to the right:

In 2003 the State enabled Mansfield to establish an Enterprise Zone separate from the Richland County umbrella.  That is zone # 388, and the RCRPC also supports Mansfield in the administration of those agreements.

The Enterprise Zone Manager serves as the local contact for the Ohio Development Services Agency (ODSA) and is responsible for disseminating information and filing all agreements and annual reports with the required agencies and entities as required by the Enterprise Zone Program.

For other information and the application process please visit the Ohio Development Services Agency Website: http://development.ohio.gov/bs/bs_oezp.htm .

Local Government, Zone 82

Madison Township

Monroe Township

Lucas Village

Local Government, Zone 85

City of Shelby

Local Government, Zone 96

City of Mansfield

Local Government, Zone 125

City of Ontario

Local Government, Zone 137

Plymouth Townshio

Cass Township

Shiloh Village

Local Government, Zone 147

Lexington Village

Washington Townshio

Local Government, Zone 155

Village of Plymouth 

Richland County Tax Incentive Review Council- (RC-TIRC)

The Richland County Tax Incentive Review Council (RC-TIRC) is formed under the guidelines of Ohio Revised Code, Section 5709.85. The RC-TIRC is an inter-jurisdictional body created to review and evaluate the performance of each Enterprise Zone Agreement. The RC-TIRC is advisory in nature and annually reviews each Enterprise Zone agreement and determines whether or not the business has complied with the terms and conditions of the agreement. The Enterprise Zone manager serves as the secretory of the RC-TIRC.

Richland County Growth Corporation 

Richland County Growth Corporation is a non-profit corporation organized in Richland County under Chapter 1724 of the Ohio Revised Code which provides for the creation of Community Improvement Corporations. Richland County Growth Corporation was organized and formed on October 21 1966. Amendments to the Articles of Incorporation to change the name from Greater Mansfield Area Growth Corporation to Richland County Growth Corporation were filled March 26, 1979.

The Richland County Growth Corporation (RCGC) is organized as a Community Improvement Corporation (CIC) in Ohio for the sole purpose of advancing, encouraging and promoting industrial, economic, commercial and civic development of a community or area.

 

As a Community Improvement Corporation, Richland County Growth Corporation is authorized to serve as an agent for any political subdivision (the county, township, municipality, etc.) for the sale or lease of any lands owned by the political subdivision.

 

RCRPC serves as the secretary to the RCGC and is responsible for meeting notices and maintains the official records of the Corporation.