Ohio · Historic · OH-HIST-001
Ohio Historic Preservation Tax Credit
Publication revised September 24, 2026. Sourcebook page 219.
Credit amount / calculation
Credit based on qualified rehabilitation expenditures, subject to competitive allocation and certification.
Business fit and eligible activity
A qualifying historic industrial building can receive a competitively awarded rehabilitation credit. Eligible property rehabilitation or redevelopment; not the cost of wood supplied to someone else's project.
Eligibility and practical use
The strongest fit is a fixed facility: an older mill, warehouse, factory, or contaminated industrial parcel that will be put back into productive use. Advance certification is especially important here.
Illustrative business benefit
Use-of-credit illustration, not an estimated award: assume the agency or completed tax form establishes a $1,000 credit for the qualifying activity described above. If sufficient eligible tax is due, a $1,000 credit available for current use reduces that tax by $1,000. If annual limits allow only $600, that is this year's saving; the other $400 survives only if the carryforward or transfer rules permit. Obtain the actual program calculation before estimating a project benefit.
Timing / first action
Seek approval before starting the overall project, including site work or construction. Contact the administering agency and secure the required approval before the project is publicly or contractually committed.
Official sources
- ohiohistory.org — Ohio Department of Development (ohiohistory.org)
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