Ohio's historic buildings are often located in areas with disinvestment and high vacancy, so when they are revitalized, they have a catalytic economic impact. Also, reuse of the properties utilizes existing resources and infrastructure as well as helps maintain a sense of place and quality of life in Ohio communities.
The Ohio Historic Preservation Tax Credit (OHPTC) program provides a 25 percent tax credit for the rehabilitation expenses to owners and lessees of historically significant buildings.
Property owners and long-term tenants of historically-designated buildings. Eligible properties include those listed on the National Register of Historic Places or Certified Local Government-designated properties.
Office of Strategic Business Investments, Carrie Manno, (614) 466-6667
Two competitive rounds of $30 million each; total of $60 million per year; Projects are capped at $5 million in credit each.
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