Program Overview

The City of Cincinnati offers a tax abatement program to companies and developers building or renovating a residential, commercial, industrial, or mixed-use facility in such cases where the new or renovated facilities will result in job creation.

 

Duration of Commercial Tax Abatement

	Renovation		New Construction
	Residential (4 or more units)	Commercial / Industrial / Mixed-Use	Residential (4 or more units)	Commercial / Industrial / Mixed-Use
Non-LEED	8 years	12 years	8 years	15 years
LEED Certified	8 years	12 years	8 years	15 years
LEED Silver	12 years	12 years	15 years	15 years
LEED Gold	12 years	12 years	15 years	15 years
LEED Platinum	12 years	12 years	15 years	15 years

 

Required Applications and Paperwork

Initial Application for Commercial Tax Exemption

This application is to be completed by any company interested in a commercial tax abatement through the City of Cincinnati prior to beginning construction.

 

Subsequent Application upon Project Completion

This form is required to be submitted upon project completion. The tax abatement will take effect after review and processing of this application.

 

Annual Status Application

This form is required to be submitted each year by existing tax abatement recipients. It must be submitted by March 5th of each year of the tax abatement period. In addition, an annual fee will be collected of 1% of the annual tax exemption, but not less than $500 or more than $2,500.  This fee is payable with submission of Annual Report due March 5th of each year the tax abatement is in effect.

 

Additional Information

For more information, contact the Department of Community Development at 513-352-6146 or communitydevelopment@cincinnati-oh.gov.

 

Please note that there is a $750 application fee payable to the Ohio Department of Development.