The state of Ohio Low-Income Housing Tax Credit (OLIHTC) is a state supplement to the federal Low Income Housing Tax Credit (LIHTC) designed to create additional housing units that would not have otherwise been created with other state, federal, or private financing throughout state fiscal years (SFY) 2024 to 2027 (July 1, 2023 to June 30, 2027). Modeled after the federal LIHTC, OLIHTC allows owners of qualifying affordable rental projects to claim tax credits against state taxable liabilities over a 10-year Credit Period. These credits are then exchanged by investors and syndicators for equity to help construct or preserve affordable rental housing throughout the state.
Guidelines
- SFY2024 Ohio LIHTC Guidelines (264 KB Adobe PDF File) New
Contact Information
Questions and correspondence regarding the OLIHTC program may be directed to: statetaxcredits@ohiohome.org
Development Division
Ohio Housing Finance Agency
2600 Corporate Exchange Dr.
Columbus, OH 43231
614.387.2868