Cleveland, Lakewood rehabs corner historic credits

Ken Prendergast / June 22, 2022

Several Greater Cleveland redevelopment projects in the works for years got a boost today when they were among the 38 projects awarded nearly $40 million in historic tax credits by the Ohio Department of Development. The awards were part of the Ohio Historic Preservation Tax Credit Program that is administered in partnership with the Ohio History Connection’s State Historic Preservation Office.

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Megaprojects program gears up for next round

Ken Prendergast / May 8, 2022

This week, the Ohio Department of Development announced that it is opening round two of its new and popular Transformational Mixed Use Development (TMUD) tax credits program on May 18. Authorized for four years with up to $100 million in tax credits available each year, the deadline for submitting TMUD applications for Fiscal Year 2023 is 4 p.m. July 8.

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Nine of 42 TMUD applications are from Greater Cleveland

2 Comments / Ken Prendergast / November 3, 2021

In Greater Cleveland, there were nine TMUD applications for real estate development projects. Five are located in the city of Cleveland with one each in Shaker Heights, Lakewood, Elyria and Mentor.

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