Your Morning Briefing for Sunday, June 2
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Sunday
June 02, 2024
Dayton Daily News
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Josh Sweigart
Editor of investigations and solutions journalism
 
 
Good morning

Welcome to the Weekly Roundup, where we bring you the top stories from today’s Dayton Daily News and major stories from the past week you may have missed.

The Trump trial obviously dominated the national news cycle, and we have plenty of coverage of that. But I’d like to highlight some local reporting that may have flown under your radar amid news from the trial.

That includes how Intel is working with local colleges to train people for 3,000 new jobs and a look at how transformational home sale prices have been over the last decade — with some areas seeing a more than 400% increase.

Our mission is to help you understand what’s really going on in the Dayton region. This includes comprehensive coverage of local governments and agencies, hard-hitting investigations, and in-depth analyses of important issues.

Do you have a news tip or an issue you think our reporters should look into? Contact me at Josh.Sweigart@coxinc.com, or you can use our anonymous tipline.

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Local programs create training pipeline for Intel’s 3,000 semiconductor plant jobs

University of Dayton electrical engineering student Malia Hoffmire, left, and UD OASIS program participant Leah Dalton work in the Kettering Lab on the UD campus Monday April 22, 2024. The two women are making semiconductors. JIM NOELKER/STAFF

Credit: Jim Noelker

Construction is reportedly progressing on schedule for two new Intel Corp. semiconductor fabrication plants being built in New Albany. Here’s why that’s a big deal for us locally.

• Jobs! When the production line starts in 2027, Intel says it intends to employ roughly 3,000 people at an average wage of $135,000.

• Training starts now: Many of those jobs will require some sort of degree or training. So Intel is working with local colleges now to create a pipeline to train people. Lynn Hulsey has the details on that effort and how people can get in that pipeline.

• Major investment: Lynn also has a story updating readers on the progress of the $28 billion plants — that’s “billion” with a “B.” An estimated 7,000 people are expected to be employed in the construction alone. I guess what I’m saying is this thing is huge.

• Public funds: Taxpayers have skin in the game as well. Ohio awarded $600 million to support the new plants. Intel could also get up to $8.5 billion in federal CHIPS Act funding. The company could access $11 billion in federal loans and a tax credit of up to 25% on more than $100 billion in qualified investments, according to a company news release.

Dayton region communities see drastic leap in home sale values over past decade

Elizabeth Palmer and Lane Prunty are moving from an apartment in Carlisle to a home in New Lebanon. JIM NOELKER/STAFF

Credit: Jim Noelker

It’s no secret — especially to anyone who has looked to buy a house — that home prices have skyrocketed the last few years. But we wanted to know just how much they have gone up in the last decade.

• Our investigation: Eric Schwartzberg worked with Dayton Realtors to analyze median home sale prices in area communities over the last ten years.

• Our findings: Out of the 22 communities we reviewed, 17 saw the median sales price of a new home more than double between 2013 and 2023, with four communities surging beyond that.

• Closer look: The median home sale price in one community grew more than 400% from $24,000 to $140,000. Median prices last year ranged from $114,150 to $410,000. Ten years ago nearly half of the communities had homes sell for less than $100,000.

• The full story: Read Eric’s full investigation here, including an interview with a young couple struggling to find their first home in this tumultuous market.

• Some context: It has been a wild decade for the local housing market. In 2013 Dayton Daily News reporting found nearly a quarter of homes were “underwater” — worth less than the mortgage balance — in the wake of the recession. Then the pandemic came and housing prices skyrocketed.

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Local programs create training pipeline for Intel’s 3,000 semiconductor plant jobs
Intel funding training at local universities, colleges and across the state to get workers ready for jobs at the Intel semiconductor plants being built near Columbus
‘Silicon Heartland’ construction on schedule at Intel semiconductor plants that will employ 3,000
Construction is on schedule for $28 billion Intel semiconductor fabrication plants in Ohio where 7,000 construction workers will build and 3,000 people will work once the plants open
Elizabeth Palmer and Lane Prunty are moving from an apartment in Carlisle to a home in New Lebanon. JIM NOELKER/STAFF
Dayton region communities see drastic leap in home sale values over past decade
Home prices have skyrocketed in the Dayton area over the past decade with some communities seeing homes sell for more th...
People react to the guilty verdict announced against former President Donald Trump outside Manhattan Criminal Court, Thursday, May 30, 2024, in New York. Donald Trump became the first former president to be convicted of felony crimes as a New York jury found him guilty of 34 felony counts of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex. (AP Photo/Seth Wenig)
Local politicians, groups react after Trump found guilty in hush money trial
Following the news that Donald Trump was found guilty on all 34 felony counts in his hush money trial in New York, local representatives and groups have responded to the verdict.
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