Tax Incentives and Taxes

Hamilton County businesses have access to tax incentive and taxation tools that support new and existing businesses. Our team is here to assist you in finding the right tools for growth and expansion. 

Current Taxation

Enterprise Zones

With the approval of local jurisdictions, the Hamilton County Commissioners may grant property tax incentives to non-retail enterprises that agree to establish or expand operations within a county-designated enterprise zone and agree to retain or create employment at the project’s location. A business must finalize an agreement prior to project commencement.

Enterprise zones are meant to save money for expanding businesses while facilitating overall economic growth in the area. Municipalities may exempt real property up to 75% for up to ten years, without school board approval. Townships may exempt up to 60% for up to ten years, without school board approval.

Community Reinvestment Areas

Improvements resulting in real property tax increases may be eligible for tax exemptions within designated Community Reinvestment Areas (CRAs).

Real property investment incentives may be available for projects involving remodeling or new construction, local retail and service businesses, and residential renovations or new construction. Projects must be consistent with local zoning and community objectives for area development.

State Programs

The State of Ohio offers a wide array of initiatives to support businesses. To learn about programs offered by the State, click the links below.

JobsOhio
Tax Incentives in Ohio

Contact Harry Blanton at hblanton@alloydev.org or at  513-458-2230

or state contact: Ohio Development Services Agency at 614-466-4551 or 800-848-1300

Connect with one of our Economic Development specialists today

We are here to support and advise, give our team a call at 513-631-8292 or fill out our form.

“Alloy was able to take our strategic concept and support our efforts to bring it to life through tactical execution, from working with vendors and business owners to coordinating key partner meetings. Their involvement was a key to our success!”
Beth Robison
President & CEO of the Uptown Consortium, Inc., and Alloy Board Member