Ohio Historic Preservation Tax Credit

Program Summary:

A refundable tax credit is available to the owner of a historic building who applies for and receives a tax credit certificate from the Ohio Department of Development.  The credit can be claimed against the building owner's Ohio corporate franchise tax, personal income tax, or dealer-in-intangible tax liability. The credit is equal to 25% of the owner's qualifying rehabilitation expenditures incurred in the rehabilitation of a historic building.  By direction of the General Assembly, not more than 100 tax credit certifications can be approved by the Director of Ohio Department of Development each year of a two-year period beginning on July 1, 2007. Each program year, applications will generally be considered in the order in which they are filed with the Ohio Historic Preservation Officer, although applications can be considered at the discretion of the Director in order to ensure a mixture of high and low cost historic preservation projects receive the credits. The Director may approve an application if, after consultation with the Ohio Historic Preservation Officer and the Ohio Tax Commissioner, the Director determines that:

• The applicant is the fee simple owner of the building described in the application.
• The building is listed on the National Register of Historic Places, is located in a registered historic district and is certified by Ohio's Preservation Officer as being of historic significance to the district, or is listed as a historic landmark by a certified local government.
• The rehabilitation work as described in the application is consistent with the United States Secretary of the Interior's Standards for Rehabilitation.
• The issuance of an Ohio Historic Preservation Tax Credit is a major factor in the applicant's decision to rehabilitate the historic building or to increase the level of investment in the rehabilitation of the historic building.
• Rehabilitation of the historic building will result in a net revenue gain in state and local taxes once the historic building is used.

Documents needed to apply for the credit, and instructions for completing them, are listed in the "Program Forms" section below. Please click on the topics below to open the documents. After opening them, the forms can be downloaded and saved. Forms ending with the file extension .pdf are "read only" forms. Forms ending with the file extension .doc cannot be changed except where space has been provided within the form for inserting information. Worksheet that are to be used to input data for the Cost and Benefit Analysis are not file protected, so please ensure that the data is being inputted into the appropriate spaces within the worksheet. After inserting the required information and data, print the forms and worksheet and then save the completed documents to your computer.

For information regarding the Ohio laws and administrative rules that pertain to the Ohio Historic Preservation Tax Credit can be obtained by clicking on those topics in the "Quick Navigation" section of this web page. Useful links to other web sites can be found under the "Featured Links" section of the website.

For questions or comments regarding the Ohio Historic Preservation Tax Credit please contact the Office of Tax Incentives by telephone at 614-466-4551 or Email US .

Program Forms:

• Check Application Status New!
• Instructions For Completion of Notification of Project Completion and Tax Credit Certificate Request Form (pdf)
• Instructions For Completion of Notification of Project Completion and Tax Credit Certificate Request Form  (doc)
• Tax Credit Certificate (pdf)
• Project Amendment Instructions and Form (doc)