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Mark D. Johns Mayor Keith B. Alexander City of Heath Auditor David C. Morrison Director of Law 1287 Heron Road * Heath, Ohio 43056 P: 740/522.1420 F: 740/522.6324 * www.heathohio.gov COMMUNITY REINVESTMENT
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What is community reinvestment area?
A community reinvestment area is a designated area where businesses are eligible for tax incentives and other benefits in order to promote economic development and revitalization.
Who is required to file community reinvestment area?
Property owners or developers who wish to establish a community reinvestment area must file an application with the local government or designated authority.
How to fill out community reinvestment area?
To fill out a community reinvestment area application, property owners or developers need to provide information such as the boundaries of the proposed area, details of the development plan, and financial projections.
What is the purpose of community reinvestment area?
The purpose of a community reinvestment area is to encourage and incentivize economic development, job creation, and property revitalization in designated areas.
What information must be reported on community reinvestment area?
The information that must be reported on a community reinvestment area includes details of the development plan, projected job creation, financial projections, and any proposed tax incentives or benefits.
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