Discussions about Affordable Housing Tax Credit (HB3) Begin

Mar 1, 2023Advocacy

While House Bill 3 doesn’t yet contain specific provisions or language, legislators in the Ohio House have already begun debating its intent to authorize an affordable housing tax credit in the state.

The bill has been identified as a priority measure by Speaker Jason Stephens. One of the aims of the legislation is to address a major concern as it comes to economic development and employment in the state: namely, ensuring workers find Ohio to be an attractive, affordable place to live.

Workforce housing is critical to economic development, Ohio’s communities, and their residents.  OEDA will continue to closely monitor HB 3 and keep members informed about this important issue.

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