By Aurie Serrette

Ohio State Resource Network: Webinar and Q&A

The Network, in cooperation with the Greater Ohio Policy Center, Arnold Ventures and the Just Transition Fund, is excited to announce the creation of the Ohio State Resource Network.

 

About the National Resource Network:

In 2013, the U.S. Department of Housing and Urban Development selected a consortium of organizations to administer the National Resource Network, supported by an initial $10 million allocation in federal funding and subsequently supported by private foundation funding from Arnold Ventures.

The Network brings a comprehensive, tailored approach and proven tools to provide local government leaders with support in their different strategies for economic improvement. The Network uses technical assistance engagements that integrates community and economic development approaches with the goal of tackling the complex root causes of a municipalities’ financial decline. To date, the Network has successfully partnered with 60 municipalities in 22 states, the latest being in Ohio state.

The Ohio State Resource Network (OSRN):

A study conducted in 2016 by the Greater Ohio Policy Center showed that Ohio’s legacy cities have experienced population loss, lower labor force participation, falling housing values and rising poverty following the end of the Great Recession in June 2009. Therefore, Ohio was in need of a program that provides economically challenged communities with the proper tools to address the root causes of their distress.

The 2019 funding from the Network will support multi-year financial planning engagements with integrated community and economic development strategies. Approximately half of the funding is reserved for bringing in a tailored approach and proven tools to Ohio communities, including counties, experiencing population decline, high poverty and unemployment rates. A majority of the remaining funding has been reserved to help Ohio’s coal-impacted communities build strong, resilient and diversified new economies.

Request for Assistance Multi-year Financial Plan

Applications for Assistance with a multi-year financial plan are open for municipalities, townships, or counties that have experienced any of the following:

  1. Population decline of 2% from 2010 to 2017
  2. A poverty rate of 20%+
  3. An annual average unemployment rate of 6.5%.
Applications found here.

Completed applications are due to deichenthal@nationalresourcenetwork.org no later than 11:59 pm on August 30, 2019.

On August 20, 2019, the OSRN hosted an information session regarding multi-year financial planning. During the session, OSRN representatives discussed what multi-year financial planning is and how it can help local governments and their partners meet community-driven quality of life and economic competitiveness priorities. The session ended with a Q&A about the program and application.

A recording of the webinar is available below.

 

 

 

 

 

“Downtown Cleveland Ohio (21)” by Chris Gent is licensed under CC BY-SA 2.0