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Published: Friday, May 19, 2017 @ 2:47 AM
Updated: Friday, May 19, 2017 @ 3:40 AM
UPDATE @ 3:40 a.m.
Two children and a relative were inside the home when the 35-year-old victim was shot, according to police.
Nothing was taken from the home.
Police are still interviewing witnesses.
"There's a lot of questions, and the scene is covered with a lot of blood," said Dayton Police Sgt. Joseph Setty.
The victim has been taken to Miami Valley Hospital for treatment, according to police.
The victim was transported to Miami Valley Hospital for injuries that are not life threatening.
Police and medics have responded to a report of a person shot on Hearthstone Drive Friday morning.
Emergency units were dispatched around 2:30 a.m. to the 1600 block of Hearthstone Drive after the victim reported they were shot in the arm.
Additional details were not available.
We have a crew on the way and we’ll update this page as we learn more.
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Published: Saturday, March 24, 2018 @ 2:43 PM
Updated: Saturday, March 24, 2018 @ 2:43 PM
DAYTON — The state of Ohio has nominated large sections of Dayton to be opportunity zones, which under Trump’s federal tax reform bill can give tax breaks to investments in those areas.
The Tax Cuts and Jobs Act of 2017 created the new opportunity zones program with the goal of spurring private investment in distressed communities.
The program provides a tax incentive for investors to re-invest their unrealized capital gains into new funds that put money into economically challenged areas.
Officials say opportunity zones across the nation could attract billions of dollars in new investment into some high poverty neighborhoods.
“It’s basically a way to induce investment in areas that are traditionally under-invested in,” said Tony Kroeger, Dayton city planner.
RELATED: Ohio GOP members laud tax bill
Dayton officials this week celebrated when they learned that Ohio Gov. John Kasich had nominated 17 of the 20 low-income Census tracts that the city submitted to the state for consideration.
States were able to nominate just 25 percent of their low-income Census tracts to the U.S. Treasury to be designated as opportunity zones. The federal submission deadline was Wednesday.
Large chunks of Dayton were nominated, including downtown, Historic Inner East, Old North Dayton, South Park, Wright-Dunbar, Wolf Creek, Pineview, Lakeview and other neighborhoods.
Investors with capital gains can defer and reduce their taxes by investing in opportunity zones, and capital gains earned in the area will not be subject to taxation, said Diane Shannon, Dayton’s director of the office of management and budget.
“We are very hopeful that we will” see new investment from the program, Shannon said.
In opportunity zones, investments in real estate or businesses can be sold after 10 years with no capital gains taxes, but investors also get a tax break on untaxed capital gains rolled into new opportunity zone funds, according to the Brookings Tax Policy Center.
Investments in qualified opportunity zones that are held for at least 10 years can be sold without any capital gains taxes.
Investments held for five years will see a 10 percent reduction in taxes on the original unrealized capital gains, and those held for at least seven years will see a 15 percent tax reduction.
The biggest incentive for investors is to keep their unrealized capital gains in the opportunity funds for at least 10 years so they will not be taxed on the appreciation, experts said.
U.S. taxpayers have about $2.3 trillion in unrealized capital gains in stocks and mutual funds, according to the Economic Innovation Group.
The new opportunity funds will allow investors nationwide to pool resources and mitigate risk , the group said.
“If this isn’t part of every person’s estate planning, it should be, because this is a very lucrative program for those individuals and their long-term financial interests,” said Alison Goebel, executive director with the Greater Ohio Policy Center.
The opportunity zones program could be another source of financing for transformative projects like the Dayton Arcade, she said.
Goebel, however, said she is concerned that there are no restrictions on where investors can put their money nationwide, and that could mean investors pump their money into opportunity zones on the coasts that have stronger markets and may appear to carry less risk.
She said she hopes Ohio communities do not get overlooked by investors because they need as much access to capital and credit as possible.
Across the country, critics say the program uses old Census tract data and newly gentrified and affluent neighborhoods may be eligible for opportunity fund investments. Critics say some rich areas may benefit from the program and some projects that do not need help will get it.
Published: Saturday, March 24, 2018 @ 2:35 PM
Updated: Saturday, March 24, 2018 @ 2:36 PM
DAYTON — First came the beer. Then came the cats. Now comes the junk.
The brew pub opened in 2013 and the catfé opened earlier this year.
Slone likes to say that he’s in the junk business. But he’s kidding. Sort of.
Slone’s late wife, Ruth, amassed a large amount of vintage and interesting items during her life. Slone is taking those items from storage and putting them up for sale.
Slone calls it junk but acknowledges it’s not the kind of stuff found on the dollar rack at Goodwill.
He’s got vintage and rewired lamps, chandeliers and other lighting. He sells sculptures, repurposed wood items, wall hangings and art that go for as much as $1,000. But also, he’s got some “schlock.”
“It’s a junk store — there’s some really good stuff, there’s stuff that’s absolute crap, and a lot of stuff in the middle,” he said.
RELATED: Dayton’s first cat cafe opens
Slone, 79, said he can’t play golf all the time so he needs something to do with his time.
Harry’s Collection will be part hobby and a part-time job.
The store will have limited hours, likely in the afternoon, Wednesdays to Saturdays or Sundays, allowing Slone to spend his mornings on the greens.
Slone already has hosted booths at local antique shows and markets.
He had some space in the Treasure Barn at the Montgomery County Fairgrounds, which closed so the property can be redeveloped.
He said the junk business is a pretty tight community. Slone said he looks forward to meeting new people and interacting with customers.
Some of his items sell for $25 to $75 and between $100 to $200. Harry’s Collection will not have a dollar table.
Slone said he may open for business next week. If he does, there will be no ribbon cutting and little fanfare.
“Right now, I may turn on the open sign in the window and see what happens,” he said. “It will be the softest of soft openings.”
Slone, who says he was once a “serial entrepreneur,” is renting the space from a friend, Gearld Strickland, who used to make guitars in the building.
The building for years operated as a costume shop by members of the Shaner family. William Shaner performed as the “Amazing Shaner.”
What’s pretty amazing, said Slone, is St. Anne Hill’s transformation.
During the early 2000s, when the housing market was pretty strong, there wasn’t a house for sale in St. Anne’s Hill that sold for more than $100,000, Slone said.
But the last home Slone sold in the district two years ago went for $148,000. A home on Henry Street sold for $154,000 in February.
Housing prices in St. Anne’s Hill increased 9 percent between 2014 and 2017, according to the Montgomery County Auditor.
Slone credits Fifth Street Brewpub with bringing people into the district and exposing them to its historic charm. Some of those visitors later chose to relocate to the neigborhood.
The brew pub opened in 2013 and has become a destination. Another destination, the Gem City Catfé, opened earlier this year.
More redevelopment is in store. An entrepreneur is working to bring a bakery and coffee house called St. Anne the Tart to a historic building a stone’s throw to Harry’s Collection.
Over the years, the district has lost some businesses, such as the New York Pizzeria Restaurant at 1430 E. Fifth St., which closed in 2015 after about six years in operation.
Published: Saturday, March 24, 2018 @ 5:37 AM
Updated: Saturday, March 24, 2018 @ 12:45 PM
— A Winter Weather Advisory remains in effect until 2 a.m. Sunday in Butler County.
Today: Highs will be in the low 40s on this mostly cloudy day with gusty winds of around 25 mph. Passing showers move in during the day mixing with snow and possibly some rain in the afternoon. Best chance for this is south of Interstate 70. Snow totals will be limited and MOST of the Miami Valley will see nothing stick today. Butler County is under Winter Weather Advisory where 1 to 3 inches could fall. The Dayton area might see a dusting on grassy surfaces and north of that will have a pretty quiet. Looks like the Miami Valley dodges the heaviest bands of snow, which will stay to our south. Temperatures climb to around 40 degrees. Clouds decrease tonight and we drop to the mid-20s.
Sunday: It will be a beautiful end to the weekend. We will see highs in the mid to upper 40s. Dry and sunny!
Monday: We see a nice start to the new week with temperatures close to normal with highs in the low to middle 50s. Clouds increase in the evening.
Tuesday: Scattered rain showers will develop with highs in the upper 50s feeling mild and breezy.
Published: Saturday, March 24, 2018 @ 1:03 PM
— A winter weather advisory remains in effect until 2 a.m. Sunday throughout Butler County, according to the National Weather Service.
The area is receiving snow right now, but it’s not sticking to most roads. Area police agencies are reporting no major accidents or delays. Traffic along Interstate 75 through Butler and Warren counties was traveling at the speed limit as of noon.
The NWS said wet snow is expected through the region with accumulations of 1 to 3 inches.