Historic Xenia home wins $87K in state tax credits

An historic home in Xenia is slated to receive historic tax credits for rehabilitation and new use.

The Nesbitt House in Xenia will receive tax credits of $87,822 in what Ohio government says will be a $416,327 redevelopment project. The home, first built in the 19th century, is found at 136 W. Second St.

Located near downtown, the Nesbitt House will be rehabilitated into four apartments, the Ohio Development Services Agency said Tuesday.

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Built around 1890 as a single-family home, the home was later divided into apartments. Influenced by Queen Anne and Eastlake house styles, its rehabilitation fits well into Xenia’s city plan to encourage redevelopment of housing in the historic core, the agency said.

In all, the Ohio Development Services Agency Tuesday announced awards of $28,370,452 in Ohio Historic Preservation Tax Credits to rehabilitate 22 historic buildings in 11 communities.

The Dayton Arcade in downtown Dayton was among the projects to win credits.

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The projects are expected to lead to nearly $165.4 million in private investment, state government said. The awards include projects in three communities — Amherst, Cleveland Heights and Mansfield — that are receiving an “Ohio historic preservation tax credit” for the first time.

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