Aberdeen Police Department receives ‘Shop With a Cop’ donation Benefit to take place Nov. 17 for Grace Copple St. Michael students take part in Community Soup Supper Voters return Worley to the bench Ruby A Ratliff Donna J Moore Stella M Glasscock Ellen L Gelter Alverda T Guillermin Justin N Beach EHS dedicates ‘Kiser Court’ SBAAC awards First Team football all-stars, winning teams Sizer earns SBAAC American Division Volleyball Player of Year honors for 3rd straight year Broncos to host Blue Jays for OHSAA ‘Jimmy Young’ Foundation Game, Nov. 17 Vern W Kidd Jr Brown County Election Results – 2017 Michael D Hines Raymond W Napier Leslie E Boyle Gary L Barber RULH NHS welcomes new inductees K-9 Units and handlers visit RULH High School EMS members honored for service Road work on Ripley streets to begin Russell K Wolfer SHAC recognizes volleyball all-stars SHAC cross country all-stars take home awards Eastern girls finish runner-up in SHAC golf standings Week 10 football roundup Kathleen J Bright Sister Marjean Clement Veterans Service Office Moves RULH MS students hold first Science Club meeting Bald Eagles spotted 2017 Celebration of Lights being planned Carlos L Beck Georgetown XC teams qualify for regional championship meet Warriors advance to Div. II Regional Meet Lady Rockets reach end to successful volleyball season Week nine football roundup Lady Warriors regional bound Amy J Caudill Bertha Lindsey Bobby S Conley Ripley Council considers insurance changes, will be making repairs on Rankin Hill Road PRC Walk for Life raises $4,600 Mary E Hahn Gary R Cornette Week 8 football roundup Notable soccer season reaches end for G-Men Lady Broncos are SBAAC American Division XC champs SHAC XC title goes to Lady Warriors Arthur Smith Eugene M Jennings Jr Billy R Kilgore Sr Carol D Roberts Thelma L Gray Ripley FFA off to a busy start this year Ripley River Village Christmas adds new events Man found dead in ditch Rev Alvin B Woodruff Jackson L Russell Lady Broncos bring home 11th SBAAC American Division title in 12 years Lady Rockets wrap up regular season Warriors rally for win Broncos make it two in a row Helen L Whalen Veterans saluted at the Brown County Fair Prints available of Eagle Creek Bridge, by local artist Tommy J Stamper Sue Day Broncos move closer to SBAAC American Division title Lady G-Men working hard, showing improvement Sports complex soon to open in Mt. Orab Week 6 football roundup H Ray Warnock Ripley McDonalds robbed overnight Familiar pizzeria in Ripley has new owners Linda Taylor Rene Sizemore-Dahlheimer Eugene Snider Eric Workman Gregory Terry Edith M Moore Eileen Womacks Michael C Jennings Janice K Brunner Cheer squads compete at ‘Little State Fair’ Truck, tractor pulls draw a crowd at Brown County Fair Week 5 football roundup Lady Broncos rise to 11-6 with win over Batavia Broncos buck Clinton-Massie, Goshen James H Boyd Warren A Stanley Jane R Ernst Darrell F Anderson James W Ball Jr June R Paul Robert Kattine Tony W Ratliff

New federal resources of $88 million to help create jobs

WASHINGTON, D.C. — New federal resources have been awarded to two Cincinnati economic development agencies. U.S. Sen. Sherrod Brown, D-Ohio, announced the Cincinnati Development Fund was awarded a $43.35 million through the U.S. Treasury Department Community Financial Development Institution New Market Tax Credit program. The Cincinnati New Markets Fund was awarded $45 million. NMTC allocates credits to Community Development Entities in order to attract investment in economic development projects in low-income regions that would otherwise suffer from a lack of financing.

“The Cincinnati Development Fund and the Cincinnati New Markets Fund have proven track records in helping to leverage private and public financing in order to create jobs and promote economic growth,” Brown said. “This tax credit will help build upon Ohio’s existing strengths and bring new economic growth to the region.”

The NMTC Program was established in 2000 with the goal of spurring revitalization efforts in low-income American communities. NMTC provides tax credit incentives to Community Development Entities with a primary mission of investing in low-income communities. Under the program, CDEs apply to the U.S. Treasury Department for the authority to raise a certain amount of capital, also known as Qualified Equity Investments, from investors. Awardees are then given a tax credit that equals 39 percent of their investment output over the span of seven years: five percent in each of the first three years and six percent in the final four years.

Last year, Brown helped pass legislation that would extend the New Markets Tax Credit, which incentivizes community developers to invest in low income areas. The NMTC was included in the Senate Finance Committee’s tax extenders package that passed out of committee in 2014. At that time, Brown released a list of Ohio communities that have benefited from the NMTC and could be eligible for future funding if the tax credit extension became law.

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