GRANTRADAR/Grant Programs/Low-Income Housing Tax Credit (LIHTC) Program
Ohio StateTax CreditStackable

Low-Income Housing Tax Credit (LIHTC) Program

Administered by Ohio Housing Finance Agency · Ohio

BENEFIT
Up to $100M
Deadline type: annual

Eligibility Requirements

  • 1Developments must keep units rent restricted and available to low-income tenants for at least 30 years
  • 2Entities who have not successfully completed a LIHTC project in any state will be required to partner with an OHFA experienced Mentor Developer
  • 34% LIHTC projects must receive a 42(m) Letter of Eligibility from OHFA before formally committing OLIHTCs
  • 4Projects must demonstrate that at least 10% of the reasonably-expected basis is expended within the close of the second calendar year following the calendar year the allocation is made

Eligible Project Types

ResidentialMultifamilyAffordable Housing
STACKING POTENTIAL

Low-Income Housing Tax Credit (LIHTC) Program is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN
View the Low-Income Housing Tax Credit (LIHTC) Program compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.

Source: Ohio Housing Finance Agency official program page ↗ · Last verified 2026-04-13