Listen

AG Says Half Of Those Who Got State Economic Development Loans Met The Terms In 2018

Feb 25, 2020

Ohio Attorney General David Yost
Credit Ohio Public Radio

Ohio Attorney General Dave Yost says only half of the entities receiving state economic development loans substantially complied with the terms. 

Yost says noncompliant groups received neary 14 million dollar in loans closed out in 2018. Yost also says the Ohio Development Services Agency modified grant requirements after the fact to allow grantees to be compliant. Yost is recommending Governor Mike DeWine and lawmakers review the loan program.