Rep. Isaacsohn Celebrates Cincinnati Receiving the Most Historic Preservation Tax Credits in Ohio
COLUMBUS - State Rep. Dani Isaacsohn (D-Cincinnati) today joins Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and Ohio Department of Development Director Lydia Mihalik in announcing a state-leading 17 projects in the Cincinnati area being selected to receive over $13 million in support through the Ohio Historic Preservation Tax Credit Program.
"Cincinnati is an amazing city filled with so much history, and I am thrilled that the state is investing so many resources in housing and development in District 24," said Rep. Isaacsohn. "Receiving the highest amount of rewards in the state is a major win for our district, as these critical investments will go a long way towards improving life for our residents.”
In total, $13.46 million has been awarded to 17 separate projects in Ohio House District 24, centered around the Downtown and Over-the-Rhine area. District 24 has the most projects in Ohio by number and by amount of funding. The projects include:
124 E. 13th Street 1628 Walnut Street
129 Elder Street 1826 Logan Street
1300 Main Street 208 E. 13th Street
131 W. Elder Street 219 Findlay Street
1312-1316 Main Street 938 Dayton Street
1519 Vine Street 940 Dayton Street
1522 Republic Street Carew Tower (35 W. 5th Street)
1524-26 Republic Street Engine Co. 22 Firehouse (222 W. 15th Street)
1530 Republic Street
The Ohio Historic Preservation Tax Credit is awarded to support the rehabilitation of historic buildings throughout the state. The awards will assist private developers in rehabilitating historic buildings in downtowns and neighborhoods. The 31st round of the program consisted of $67.5 million in tax credits awarded to 46 projects involving the renovation of 54 buildings and is expected to leverage over $730million in private investment.