Annual Report Entry - New The Ohio Community Reinvestment Area program is an economic development tool administered by municipal and county governments that provides real property tax exemptions to businesses making investments in Ohio. In order to use the Community Reinvestment Area program, a city, village, or county petitions to the Ohio Department of Development for confirmation of a geographical area in which investment in housing has traditionally been discouraged. Part of the petition reviewed by the department is a housing survey performed by the respective city, village, or county. Once an area is confirmed, communities may offer real-property tax exemptions to taxpayers that invest in the area. To search for an existing Community Reinvestment Area or agreement, click here. To search for a Community Reinvestment Area Housing Officer, click here. If you have general questions on the Community Reinvestment Area program, please contact the Ohio Department of Development’s Tax Incentive Office by calling 614| 466 4312 or 800| 848 1300.
Businesses interested in pursuing this incentive should contact the local Community Reinvestment Area Housing Officer in the city, village, or county of the potential investment.
- Program Summary (pdf)
- Area Establishment Process (pdf)
- Program Rules and Laws
- Forms and Sample Documents
- Summary pre 1994 (pdf)
- Old CRA Legislation (pdf)
- 2008 Annual Report letter (pdf)
- 2008 Annual Report Form (xls)