Monday, March 23, 2026

Will TMUD’s return transform Cleveland?

Construction cranes could return over Downtown Cleveland or major renovation projects
continue with the renewal of the state’s Transformational Mixed Use Development tax
credit (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

A financial incentive originally designed to spur new construction in Downtown Cleveland has instead helped other Ohio downtowns. But with the Transformational Mixed Use Development (TMUD) tax credit program renewed by the Ohio General Assembly, there is a renewed chance for the program to benefit its birthplace.

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