One Step Closer to Opening the Tax Credit Application Window: Ohio DSA Publishes Proposed Administrative Code Sections to Transformational Mixed Use Development (TMUD) Tax Credit

On Tuesday, April 22, 2021, the Ohio Development Services Agency (“ODSA”) published its proposed Ohio Administrative Code Sections (Code Section 122:29-1 General Provisions – Transformational Mixed-Use Development Tax Credit), setting forth proposed rules and clarifications to the recently-passed Senate Bill 39, which authorized the TMUD tax credit (codified at Ohio Revised Code Section 122.09). While the proposed administrative code sections provide some needed guidance, they also present some...
By: Dickinson Wright

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