DOD releases Ohio Historic Tax Credit application
On June 18, 2007 the Ohio Department of Development (DOD) released the application form and related materials for the Ohio Historic Preservation Tax Credit Program. As follow-up to our recent simulcast, the application can be found on DOD's website at http://www.odod.state.oh.us/edd/OHPTC/.
The application materials provide detailed instructions to prospective applicants, including separate instructions for completing the cost/benefit analysis worksheets. The materials also distinguish projects based on whether or not the applicant is also seeking federal historic rehabilitation tax credits, and whether or not the rehabilitation work is to be completed in stages or as a single project.
One item of particular interest is the manner in which DOD is requiring applicants to provide evidence of their ownership of the property involved. As stated in the application materials, "The following documents are recognized by the Ohio Department of Development as evidence of ownership: Deed and County Auditor's Permanent Parcel Card(s) for the project site, OR Title Opinion, OR Title Abstract, OR Owner's Title Insurance Policy."
Anticipating that many applicants will deliver their applications on July 2, DOD also released an announcement regarding delivery of applications on July 2, which reads as follows:
SPECIAL INSTRUCTIONS FOR DELIVERY OF OHIO HISTORIC PRESERVATION TAX CREDIT APPLICATIONS ON MONDAY, JULY 2, 2007
In person application delivery:
Because parking spaces and access to the Ohio Historic Preservation Office at 567 East Hudson Street in Columbus, Ohio is very limited, and in order to accommodate personal delivery of applications on July 2, 2007, applications delivered in person (not including those delivered by mail or by courier) are to be delivered to the Ohio Historical Center, 1982 Velma Avenue, Columbus, Ohio from 8:00 a.m. to 5:00 p.m. on the Plaza Level.
Enter the Ohio Historical Society's parking lot front entrance just west of the I-71 and 17th Avenue intersection. The Plaza Level entrance is on the second floor of the Society and can be reached via the exterior stairs flanking either side of the earthen mound on the east side of the building.
Delivery by mail or courier:
All applications submitted by mail or by courier are to be sent to the Ohio Historic Preservation Office, 567 East Hudson Street, Columbus, Ohio 43211-1030.
Instructions for application delivery starting
July 3, 2007:
Starting July 3, 2007, applications are to be delivered to the Ohio Historic Preservation Office, 567 East Hudson Street, Columbus, Ohio whether delivered in person, by mail, or by courier. .