Thursday, June 29, 2023

NE Ohio wins $26M in historic tax credits

A planned redevelopment of the Park Synagogue and its surrounding property
was the big winner in today’s award of Ohio Historic Preservation Tax Credits.
There were 11 projects in Northeast Ohio that won more than half of the
awarded tax credits in this latest round (SCA-Ardon Bar-Hama).
CLICK IMAGES TO ENLARGE THEM.

An ambitious plan to redevelop the mostly vacated Park Synagogue, 3300 Mayfield Rd., and its 28 acres of land in Cleveland Heights was the big winner in today’s awarding of $50.56 million in Ohio Historic Preservation Tax Credits to 38 projects statewide. But Northeast Ohio overall did pretty in this latest round of historic tax credit awards, winning more than $26 million for 11 projects.

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