City of East Liverpool, OH
Strategic Project Implementation
After years of neglect and disinvestment, the City of East Liverpool hired Better City to develop a strategic plan and implement strategic revitalization projects in the downtown area.
During the implementation phase, Better City assisted New Castle School of Trades with a new location in East Liverpool, Ohio that will catalyze an era of revitalization in the city’s downtown core. The project required complicated financing solutions to achieve economic viability, which included federal + state historic tax credits, federal + state new markets tax credits, CDBG, and tax increment financing. Participation from a group of local community minded investors including Lionmark, LLC and the Megafund helped to secure the buildings and provide initial seed funding as well as a predevelopment grant from the Finance Fund. Commercial funding was provided by PNC and the Development Fund of the Western Reserve. The Ohio Department of Development, the City of East Liverpool, Port Authority of Columbiana County, Columbiana County, and the Community Action Agency of Columbiana County also played critical roles in making the $8 million project come to fruition.