COLUMBIANA NEWS

CRA Tax Abatement Program

The purpose of the CRA is to encourage revitalization of the existing housing and building stock and the construction of new structures.

HOW DOES IT WORK?

Residential:

  • Residential applicants will pick up an application (CRA Form 1) when applying for a building permit. Residential applicants will have 1 year from completion of project to complete application, in order to have it filed with the county auditor.

Business:

  • Prior to construction business applicants will pick up and fill out an application (CRA Form 1 and CRA Form 2).
  • The business may begin construction of its facility after steps 1-12 of the business process (CRA Form 2) are completed.
  • All commercial and industrial projects are required to comply with the state application fee, presently $750.00, requirements of ORC Section 3735.672 (C) and the local annual monitoring fee of one percent of the amount of taxes exempted under the agreement – a minimum of $500 up to a maximum of $2500 annually unless waived.

 

Please click below for the applicable forms. Residential applicants need to fill out form 1 only and business/commercial applicants need to fill out forms 1 and 2. Completed forms should be filed with City Hall.  If you have further questions, please contact City Hall at 330-482-2173.

Community Reinvestment Area Fact Sheet

CRA Residential Application (Form 1)

CRA Business Application (Form 2)