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About / News / Tax Credit

State announces $10M tax credit for Nicholas Building renovation

Posted By: The Toledo Blade on December 22, 2023.  For more information, please click here to read the source article. Renovation of downtown Toledo’s historic, but decrepit, Nicholas Building got a $10 million boost Thursday from the Ohio Historic Preservation Tax Credit Program. The credit awarded to the building on the southwest corner of Huron Street and Madison […]

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Ohio awards $2.7M in historic tax credits to three Toledo revitalization projects

Posted By: Toledo Blade on June 29, 2023.  For more information, please click here to read the source article. More than $2.7 million in Ohio historic tax credits will help revitalize three buildings in the downtown Toledo area, state officials announced Thursday. The largest local tax credit award, worth $1.35 million, will help rehabilitate the remaining bays and […]

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Ohio awards tech company a tax credit for expected 378 new jobs in downtown Toledo

Ohio has awarded Bitwise Industries a tax credit for its planned downtown Toledo innovation center, which the California tech company pledges will create 378 jobs with an annual payroll of $20.4 million. The Ohio Tax Credit Authority on Monday agreed Bitwise will get a 1.8 percent, 10-year job creation tax credit for its efforts, a […]

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