Community Reinvestment Area - Tax Abatement Program
The amended Community Reinvestment Area (CRA) legislation, passed by Canton City Council on July 29, 2019, has officially been approved and certified by the State of Ohio. This legislation amended Canton's previous CRA to be city-wide and to offer an enticing residential real property abatement for qualifying projects and property owners. Entities or individuals that own property within the City of Canton could qualify for a 15-year, 100% abatement on real property.
To qualify for this residential tax abatement program, the property owner must invest at least $5,000 into the existing property or build a new home. Other requirements and additional information can be found on the City of Canton's website, cantonohio.gov. The City of Canton will be accepting applications for this residential tax abatement program starting Wednesday, October 9, 2019. Please contact the CRA Housing Officer, Matt Bailey, by phone at (330) 438-4132 or by email at email@example.com for additional information.