Hogrefe Building awarded $1M state grant for $8.8M restoration

JobsOhio recently announced the Hogrefe Building redevelopment project in downtown Sandusky was awarded a $1 million Vibrant Community grant for construction-related expenses, the Sandusky Register reports. Only four of the 40 entities that applied for funding were awarded grants in this round, according to the article. Property owners Rick and Meghan Hogrefe have pledged to provide more than $7 million for the project, and Sandusky has approved a tax increment financing (TIF) agreement to provide public support for the mixed-use development (see our July 21, 2021 blog post). For more, read the full article.

Economic Development, Financial Incentives, State Updates