Community  |  Community Grants, Loans, Bonds, and Tax Credits

Ohio Historic Preservation Tax Credit
Community » Community Grants, Loans, Bonds, and Tax Credits » Ohio Historic Preservation Tax Credits

Ohio Historic Preservation Tax Credit Program


Contact information

Lisa Brownell
Program Manager
Office of Strategic Business Investments
Business Services Division 
(614) 752-2345
Lisa.Brownell@development.ohio.gov

Round 27 Schedule: Fall 2021

  • SHPO Pre-App Meeting Request Deadline: August 2, 2021
  • Intent to Apply and SHPO Pre-Application Meeting Deadline: August 16, 2021 by 5:00 p.m.
  • Historic Documentation (Part 1 and 2) Deadline: August 31, 2021 by 5:00 p.m.
  • Application/Fee Submission Deadline: September 30, 2021 by 5:00 p.m.
  • Application Review Period: October 1 – December 1, 2021
  • Approved Applications Announced: On or before December 31, 2021

Round 28 Schedule: Spring 2022

  • SHPO Pre-App Meeting Request Deadline: January 31, 2022, by 5:00 p.m.
  • Intent to Apply and SHPO Pre-Application Meeting Deadline: February 15, 2022, by 5:00 p.m.
  • Historic Documentation (Part 1 and 2) Deadline: February 28, 2022, by 5:00 p.m.
  • Application/Fee Submission Deadline: March 31, 2022, by 5:00 p.m.
  • Application Review Period: April 1-June 1, 2022
  • Approved Applications Announced: On or before June 30, 2022

Overview

The Ohio Historic Preservation Tax Credit Program provides a tax credit in order to leverage the private redevelopment of historic buildings. The program is highly competitive and receives applications bi-annually in March and September.

With 26 rounds of funding complete, tax credits have been approved for 525 projects to rehabilitate over 749 historic buildings in 72 different Ohio communities. The program is projected to leverage more than $6.8 billion in private development funding and federal tax credits directly through the rehabilitation projects.

Round 27 OHPTC Application 

The submittal period for Round 27 Applications is now open. Projects applying for Round 27 must electronically submit an application to Development by Thursday, September 30, at 5:00 p.m. in order to be eligible for scoring in the round. The application fee must be received via mail by Thursday, September 30, at 5:00 p.m. Please refer to the Round 27 Application Guide under the Application Information menu (to the left) for detailed guidance.

Click here to apply

Round 26 Awards Announcement

Round 26 of the Ohio Historic Preservation Tax Credit Awards were announced on June 30, 2021, in Toledo. The Ohio Department of Development awarded $35,863,038 in Ohio Historic Preservation Tax Credits to rehabilitate 51 historic buildings in thirteen communities. 

For Whom

Owners and long-term lessees of historically designated buildings who undertake a rehabilitation project may apply for the Ohio Historic Preservation Tax Credit. A building is eligible if it is individually listed on the National Register of Historic Places; contributes to a National Register Historic District, National Park Service Certified Historic District, or Certified Local Government historic district; or is listed as a local landmark by a Certified Local Government. Properties that will be used as a single-family residence or multi-family residential condominiums are not eligible.

Benefits

The Ohio Historic Preservation Tax Credit Program provides a state tax credit up to 25 percent of qualified rehabilitation expenditures incurred during a rehabilitation projects. Projects certified on or before June 30, 2021, can apply the tax credit against applicable commercial activity taxes. Projects certified after this date will not be able to apply the tax credit in that way

How to Apply

Applications are received bi-annually in March and September for the Ohio Historic Preservation Tax Credit. Applicants file a competitive application with the Ohio Department of Development and applicable historic rehabilitation documentation with the State Historic Preservation Office. All applicants are required to schedule a pre-application meeting with the State Historic Preservation Office prior to submitting an application.

Pipeline Initiative Accepting Applications

Applications are being accepted for the Ohio Historic Preservation Tax Credit Pipeline Initiative. The application form can be downloaded under 'Pipeline Initiative' in the left-hand menu above.

The primary goal of the Pipeline Initiative is to develop a pipeline of properties that are eligible for redevelopment assistance through the Ohio Historic Preservation Tax Credit program. The initiative provides funding and technical assistance to assist in nominating buildings, districts, and areas to the National Register of Historic Places. Funding will be prioritized for projects that create the greatest potential for commercial and multi-family housing redevelopment. Four project types, as defined in the application document, will be eligible for grant funding.

Applications are accepted on an open-cycle and funded on a first-come, first-served basis, based on funding availability. Please see the application document for additional funding determination guidance. Prior to submitting an application, all applicants are required to discuss their project with program staff. Please contact the Lisa Brownell at Lisa.brownell@development.ohio.gov or (614) 752-2345 for more information or to discuss a potential project.