State of Ohio
PUBLIC WORKS COMMISSION
 News - Announcements

Loan Assistance/Credit Enhancement Policy Change - The IRS is revising its policy on what state and local governments can do pertaining to grants for interest-related expenses. As a result, this leveraging tool will only apply to interest incurred during the construction period. This will not impact those projects under agreement. Any unreleased PY 28 agreements and all agreements going forward, PY 29 and beyond, will be limited to construction period only interest expenses. We apologize for the inconvenience.

 Recent Updates

Website Search -
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Document Revisions -
OPWC Advisory (January 2014).

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