Ohio § 5126.49 Residential facility linked deposit program

Ohio Statutes

§ 5126.49 — Residential facility linked deposit program

Ohio § 5126.49

Title 51Public Welfare

Ch. 5126County Boards of Developmental Disabilities

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Bluebook

Ohio Rev. Code Ann. § 5126.49 (2026).

Text

The county board of developmental disabilities may adopt a resolution requesting the board of county commissioners to implement a residential facility linked deposit program under sections5126.51to5126.62of the Revised Code if the county board of developmental disabilities finds all of the following:

(A)There is a shortage of residential facilities in the county for individuals with developmental disabilities.

(B)Eligible organizations, otherwise willing and able to develop residential facilities in the county, have been unable to do so because of high interest rates.

(C)Placement of residential facility linked deposits will assist in financing the development of residential facilities in the county that otherwise would not be developed because of high interest rates. The board shal

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The county board of developmental disabilities may adopt a resolution requesting the board of county commissioners to implement a residential facility linked deposit program under sections5126.51to5126.62of the Revised Code if the county board of developmental disabilities finds all of the following:

(A) There is a shortage of residential facilities in the county for individuals with developmental disabilities.

(B) Eligible organizations, otherwise willing and able to develop residential facilities in the county, have been unable to do so because of high interest rates.

(C) Placement of residential facility linked deposits will assist in financing the development of residential facilities in the county that otherwise would not be developed because of high interest rates.

The board shall transmit a certified copy of the resolution to the board of county commissioners.