greater cleveland partnership
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The City of Cleveland wants to spend $12 million to rescue Shaker Square from receivership, turn it over to nonprofits for repairs, and sell it to a new owner. Some critics, though, say the city is overpaying for the center and it’s a waste of precious tax dollars. With repair needs looming and tenants leaving the square, City Council is set to vote on a deal as early as next week.
Organizations across Northeast Ohio have come together to provide financial support to UBIZ Venture Capital, an Urban League of Greater Cleveland affiliate that focuses on pre-loan technical assistance and providing growth capital to minority-owned small businesses.