07/31/2022
Congratulations to Magnet Ohio for being awarded $5 million in New Markets Tax Credits for their new Midtown Cleveland headquarters.
This project is a double win for Northeast Ohio's economic development agenda, as it augments MAGNET's ability to achieve its critical mission in supporting manufacturing, while also re-purposing a vacant building and adding more energy to the growing Midtown neighborhood. More info:
Cleveland Development Advisors allocated $5 million in federal New Markets Tax Credits to MAGNET for the build-out of the organization's Midtown headquarters. Plus, Ohio's education department wants business input on high school students' skills, and Sen. Sherrod Brown urges the SBA to process all s...