community reinvestment area

The city of Canton is expanding a program to attract new residents.

Since the mid-1990s the city has had four Community Reinvestment Areas. Now the whole city is part of the program. It allows property owners in the city to apply for a 15-year, 100% tax abatement.

To qualify, property owners must invest either $5,000 in existing property or build a new home.  

Christopher Hardesty, who runs the program, is hopeful it will revitalize the city.

In this Wednesday, Feb. 18, 2015 photo, builder Janez Bratkovic prepares to put in a header on a new home construction in Pepper Pike, Ohio.
Tony Dejak / Associated Press

Columbus City Council wants to create new affordable housing development opportunities on the city’s Far East Side.