Ohio Administrative Code
Title 122:29
Chapter 122:29-1
Section 122:29-1-03 - Application and certification
Current through all regulations passed and filed through September 16, 2024
(A) The director will provide the form of application for certification of a transformational mixed use development and preliminary approval of a tax credit, developed in consultation with the authority, on its website prior to the opening of each application period.
(B) An application for a project may be submitted by a single property owner or multiple property owners within the project. If an application contains multiple property owners, each property owner is to be a party to the application and the applicants will include a description of the allocation of tax credits among the multiple property owners.
(C) Applications are to be submitted to the director by the deadline published on the program website and specified in the application for each application period. No late applications will be accepted by the director for any reason other than impossibility due to state network error. No additional or supplemental materials will be accepted after the application deadline, unless requested by the director or the authority.
(D) The director will preliminarily evaluate applications for completeness and meeting minimum requirements set forth in the application instructions. Applications missing required information or that do not otherwise satisfy the criteria in the application instructions will be rejected and will not be evaluated by the director nor scored for ranking or recommendation to the authority. The director will provide the applicant notice in writing that its application is incomplete. Submission of an incomplete application does not disqualify a project from reapplying in a future fiscal year or round.
(E) Applications that meet the minimum requirements will be evaluated and scored by the director. Upon completion of evaluation and scoring, the director will rank applications and recommend projects to the authority for approval and certification. The authority may choose to conduct interviews by means of a special meeting, held in accordance with paragraph (D) of rule 122:7-1-02 of the Administrative Code. Projects not approved and certified for a tax credit by the authority in any application period may reapply in future application periods.
(F) The authority will approve and certify recommended applications in accordance with division (C) of section 122.09 of the Revised Code.