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Ohio(City of Cincinnati) – Property Tax Abatement for Green Buildings

Incentive Type  Property Tax Incentive
Eligible Technologies  Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Daylighting
Applicable Sectors  Commercial, Industrial, Residential, Multi-Family Residential
Incentive Amount  Residential New Construction: 100% tax abatement for 15 years
Residential Renovations: 100% tax abatement for 10 years
Commercial New Construction: Effective 75% tax abatement for 15 years
Commercial Renovations: Effective 75% tax abatement for 12 years
Maximum Incentive $562,792 maximum improved market value for residential buildings except no limitation with LEED Platinum certification (the maximum incentive increases by 3% every year)
Eligible System Size(s) None Listed
Equipment Standards Buildings must achieve LEED certification
Minimum investment of $40,000
Installation Standards None Listed
Start Date  10/23/2007 (amended December 2007)

More Information Contact:

Eric Denson
Cincinnati Dept. of Community Development
805 Central Avenue, Suite 700
Cincinnati, OH 45202
Phone: (513) 352-4981
Phone 2: (513) 352-6146
Fax: (513) 352-6113
E-Mail: eric.denson@cincinnati-oh.gov
Web Site: http://www.cincinnati-oh.gov/community-development/

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