Columbus Uses Property Tax Abatement to Drive Workforce Housing Development

The city of Columbus offers discretionary real property tax abatements to incentivize residential developments in targeted communities. Columbus offers a 100% real property tax abatement on the growth in property tax for 100% of the tax for 15 years in areas recognized as a Pre-1994 CRA. Real property tax abatements operate in these areas as a matter of legal right and do not require action by Columbus City Council. All of Downtown Columbus is located in a 1994 Pre-CRA district as are several other areas such as the Southside of Columbus that are primed for residential development.

Downtown Tiffin Receives Four State Awards

Heritage Ohio, for the first time ever, presented Downtown Tiffin with four awards at the Annual Preservation and Revitalization Awards Ceremony Tuesday, Oct. 4, at the historic Ohio Theatre in Toledo, Ohio.

The Port Authority is Proud to Announce the Closing of Energy Bond 8!

The Toledo-Lucas County Port Authority is proud to report it has issued its eighth energy bond through the Northwest Ohio Bond Fund, the proceeds of which were used to finance various projects totaling over $6 million through the Port Authority’s BetterBuildings Northwest Ohio (BBNWO) energy efficiency program.