Ohio New Markets Tax Credit Program

Eligibility Requirements

• 1At least 50 percent of the total gross income of the business must be derived from the active conduct of its business within any Qualified Low Income Community
• 2Projects must be located in census tracts where the poverty rate exceeds 20% or the median family income falls below 80% of the area median
• 3Business must be a for-profit or non-profit corporation located in a low-income community
• 4Applicants may request no more than $10 million

Eligible Project Types