Ohio Governor Mike DeWine (R) passed the FY 2024 budget (H.B. 33), which includes a new $100 million per year state LIHTC. Qualified properties placed in service after July 1, 2023 can access the credit, with no credits being allocated after June 30, 2027. Developers are not required to submit a separate application for the state credit, the Ohio Housing Finance Agency director has the authority to allocate state credit for any qualified project when distributing the Federal LIHTC.