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Greater Cleveland gets 2 TMUDs

Although Project Scarlet is in Downtown Cleveland and Valor Acres is in suburban Cleveland, the two developments have something in common. They both won $7 million in Transformational Mixed-Use Development (TMUD) tax credits from the State of Ohio today.
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GCRTA levy to appear on ballot

A half-percent sales tax increase to fund a modest expansion of the Greater Cleveland Regional Transit Authority (GCRTA) and prevent more service cuts starting next year is going on the ballot in Cuyahoga County. The only question is when. And that will be decided by the GCRTA board…
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Housing maker finds home in Midline

The first manufacturer to locate in Cleveland’s new Midline Priority Investment Area on the city’s near-East Side was named today. It followed last week’s award of historic tax credits for the revival of the historic Wellman-Seaver-Morgan Engineering plant, 7000 Central Ave. where Cleveland’s Fairfax and Central neighborhoods meet.
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Shaker Hts, Brook Park win TOD grants

Two of Cleveland’s first-ring suburbs served by rail transit won federal grants this week. The awards will help them develop construction-ready plans in partnership with real estate firms for transit-oriented developments at several sites next to their rail services.
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