On June 4, the Ohio Department of Development issued a press release announcing two new application periods for the Ohio Historic Preservation Tax Credit (OHPTC).

The first submission window begins on July 1 and extends through September 30.  In addition to the new application itself, the Department has also provided a short OHPTC overview, as well as a summary/self-scoring document for use in application preparation. Links to all of these can be found on the primary tax credit page, which be accessed here.  It should be noted that new criteria have been added to the application and review process, which take into account various aspects of a project’s geographic diversity and its economic potential.

Preservation Ohio has updated the online Ohio Historic Preservation Tax Credit Resource Center to reflect this new information, and which also provides information about combining the OHPTC with other tax credits and deductions. The Resource Center can be found here.

Photo: Fort Piqua Hotel, Piqua - OZinOH/Creative Commons License