Rule 122:29-1-08 | Fees.
(A) Application fee. A non-refundable application fee in an amount determined by and published by the director prior to each application round not to exceed ten thousand dollars is due for each submitted application and is to be paid prior to the application period end date and time. No late fees will be accepted by the director. If an application fee is not received by the director by the application period end date and time, the application is ineligible for consideration by the director.
(B) Servicing fee. For each application that is certified by the director as a transformational mixed use development, an applicant is to pay to the director a servicing fee in an amount equal to one-half of one per cent of the tax credit amount to be preliminarily approved. Failure of an applicant to pay the servicing fee within ninety days of certification will result in rescission of the project certification.
(C) Application and servicing fees paid for certified projects will be credited by the director to the tax incentives operating fund created under section 122.174 of the Revised Code and will be used by the director to administer section 122.09 of the Revised Code.
Last updated May 26, 2026 at 7:51 AM
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