OHIO — More than $56 million in tax credits will go toward 37 historic preservation projects across the state, Ohio officials announced Thursday.

What You Need To Know

  • The 37 projects will preserve 42 buildings

  • The projects are expected to generate $715 million in private investments

  • The buildings will be rehabilitated into residential housing, commericial and office space and more

“By preserving our historic buildings, we’re retaining the unique identity of Ohio’s communities,” said Gov. Mike DeWine in a release. “Through the tax credit program, we’re ensuring that future generations can experience the character and stories that shaped our state in the spaces where they happened.” 

The 37 projects will be awarded a total of $56,125,248. DeWine said 42 buildings will be preserved, and the projects are expected to create $715 million in private investments.

"Historic preservation is an economic driver in Ohio communities ­­– it's more than just saving old buildings,” said Lt. Gov. Jon Husted. “We're preserving Ohio's history while investing in its future through this program." 

Communities receiving the credits include Akron, Barberton, Cincinnati, Cleveland, Columbus, Cuyahoga Heights, Dayton, Hamilton, Marion, Middletown, Niles, Steubenville, Toledo, Wellington and Youngstown.

The tax credits will help rehabilitate the buildings to be transformed into residential housing, commercial and office space, as well as manufactured facilities.

“Communities thrive where they honor their roots,” said Lydia Mihalik, director of the Department of Development, in a release. “The awards we are making through the Ohio Historic Preservation Tax Credit Program are helping communities in their efforts to connect their past with opportunities of the future.” 

A full list of projects receiving the tax credits are below.

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