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

Ohio Low-Income Housing Tax Credit (OLIHTC)

Administered by Ohio Housing Finance Agency (OHFA) · Ohio

BENEFIT
Up to $12.5M
Deadline type: rolling

Eligibility Requirements

  • 1Must be paired with affordable rental housing proposals that have secured a reservation of federal LIHTCs pursuant to the applicable Qualified Allocation Plan (QAP)
  • 24% LIHTC projects must receive a 42(m) Letter of Eligibility from OHFA under the most recent 4% LIHTC QAP before formally committing OLIHTCs
  • 3Lead developer or co-developer has successfully placed at least one LIHTC project in service, as evidenced by IRS Form 8609, in Ohio within the last 10 years; or in another state within the last 10 years
  • 4OLIHTC program can only be used for the creation of new housing units—acquisitions and rehabs of existing projects will not be eligible

Eligible Project Types

ResidentialMultifamilyAffordable Housing
STACKING POTENTIAL

Ohio Low-Income Housing Tax Credit (OLIHTC) 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 Ohio Low-Income Housing Tax Credit (OLIHTC) compliance checklist →

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