The Ohio Department of Development has unveiled a new site which allows applicants for the Ohio Historic Preservation Tax Credit to instantly check the status of their application.  The list provides an interesting look at the potential of the new tax credit to revitalize downtowns and communities.

Included on the site are the names and addresses of projects, the estimated totals of qualified rehabilitation and total rehabilitation project expenses, an indication of whether or not the project is “staged” (meaning that completion is envisioned over a 60-month versus 24-month time frame), and the application status.

Since our article on July 30, several additional applications have been received, and some  applications have been withdrawn. At present, approximately 70 applications are under consideration, representing several hundred million dollars of planned project expenditures.

Click here to access the new site.

Photo:  Shawnee Hotel, Springfield, site of proposed Ohio Historic Preservation Tax Credit project -- Preservation Ohio File Photo