Things to know about Avon Lake: Community Reinvestment Area
The Community Reinvestment Area (CRA) is a program established under state law that allows the City of Avon Lake to approve real property tax abatement for up to 100% of the taxes for up to fifteen (15) years for industrial and commercial expansion, renovation or new construction that creates additional jobs in the City. To date, twelve (12) projects have been approved and constructed receiving some level of real property tax abatement ranging from 50% to 100% from ten (10) to fifteen (15) years
Things to know about Avon Lake: Community Reinvestment Area.
The City of Avon Lake offers several financial assistance tools to assist individual, office and commercial development or redevelopment.
For information contact the city office at:
150 Avon Belden Road
Phone: 440-933-6141
Things to know about Avon Lake: Community Reinvestment Area
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