Residential Incentive Grant
Residential Incentive Grant Program:
The CIC Board of Directors has determined that encouraging economic development in Springfield Township, the Joint Economic Development Zone (JEDZ), and the Joint Economic Development District (JEDD) requires a strong residential base, and thus the Board desires to encourage economic development through the use of grants equal to the earnings tax paid by Township residents who work in the JEDZ or JEDD territories and a grant equal to the net business profits tax paid by businesses which are owned principally (50% or more) by Township residents and which are located in the JEDZ or JEDD territories.The CIC administers and awards the aforementioned Residential Incentive Grant Program which provides grants, upon application and qualifications by residents and resident business owners, equal to the earnings tax paid by Township residents who work in the JEDZ or JEDD territories and a grant equal to the net business profits tax paid by businesses which are owned principally (50% or more) by Township residents and which are located in the JEDZ or JEDD territories of Springfield Township.
All 2016 Residential Incentive Grant Applications must be received by Springfield Township CIC, Inc. by April 15, 2016. No Exceptions. Applications received after April 15, 2016 will be rejected.
- Download the 2015 Residential Grant Application for a Springfield Township Resident Business Owner Here
Resident Business Owner - eXTENSION request formExtensions from this filing deadline may be granted to Springfield Township Business provided that such is request is made in writing utilizing the appropriate Extension Request Form and is accompanied by Regional Income Tax Agency (RITA) Form 20. If granted, such extension will be granted until October 15. Township Resident Business Owners that fail to file a Residential Grant Application or request for an extension by April 15, 2016, shall be ineligible for the grant in that year.
- Download the 2015 Resident Business Owner Extension Application Here
- Download Regional Income Tax Agency (RITA) Form 20 (Must be mailed or delivered with the application for an extension.)
Mail all applications and required documents to
Springfield Township CIC, Inc.
9150 Winton Road
Cincinnati, Ohio 45231
For questions, call 522-1410
THE GRANT FROM SPRINGFIELD TOWNSHIP CIC, INC. IS NOT A TAX REFUND.
Grant recipients will receive an IRS form 1099 from Springfield Township CIC, Inc.
Springfield Township CIC, Inc. will not provide any legal or tax advice. It is your responsibility to contact a tax professional if you have any questions or concerns regarding any additional tax implications as a result of the grant.
Any information provided including, but not limited to, wages, taxes paid or grant amounts may be subject to Ohio’s public records laws including Ohio Revised Code Section 149.43 and 1724.11.
The falsification or submission of false documents or providing knowingly false information on this application will be prosecuted to the fullest extent of the law.