Strategic Square Footage Reduction Planning Loans

The Ohio Department of Higher Education is accepting applications from eligible state institutions of higher education for pre-demolition planning loans of up to $250,000 per facility under the Strategic Square Footage Reduction Program.

Ohio > Department of Higher Education > Ohio Technology Consortium


General
Open
Nov 09, 2026 12:00 PM
Oct 05, 2026 12:00 PM
3 years
Request for Proposal (RFP)
State
Ask AI about this solicitation
Submission Instructions

All of the following are required.

Step 1

Email
Prior Capital Investments Form

Step 2

Online
Exhibit I: Loan Application Worksheet, Exhibit II: Excel application workbook
Description

The Ohio Department of Higher Education is offering revolving loans to eligible state institutions of higher education for planning work required before demolishing an owned facility or portion of a facility. Each facility requires a separate application, although multiple facility applications may be combined into one portal submission. Eligible planning expenses include architectural and engineering compensation, environmental assessments and studies, hazardous-materials surveys, property or utility surveys, appraisals, demolition management planning, permitting, insurance, and bond fees. The maximum pre-demolition planning loan request is $250,000 per facility; the anticipated interest rate is 0.71% with a three-year repayment term. Applicants must submit the Prior Capital Investments Form by October 14, 2026, and a full application consisting of Exhibit I, a loan application worksheet, and Exhibit II, an Excel workbook covering enrollment, online enrollment, and fiscal impact. Exhibit I must be submitted as one PDF with any facility-specific attachments, while Exhibit II must be submitted separately as an Excel file through the designated application portal. The program anticipates that awarded institutions will proceed to demolition-loan applications after completing the planning work, subject to the agency's discretion.

Classification Codes
NAICS921130Public Finance Activities
PSCP400Demolition of Buildings
Smart Codes
demolition planning loansfacility demolition planninghigher education capital planning
Specifications
Service Only
Timeline
Oct 5, 2026-Request for Applications Released
Oct 8, 2026-Application Launch Webinar (optional)
Webinar details are not provided.
Oct 12, 2026-Questions Due
Oct 14, 2026-Prior Capital Investments Form Due
Oct 19, 2026-Responses to Questions Posted
Nov 9, 2026-Full Application Due
Nov 10, 2026-Application Review Begins
Dec 7, 2026-Notification of Awards
Requirements
Required
  • Applicable Insurance
Documents
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