Ordinance updates investment requirements for the Short North Community Reinvestment Area.
Official Courthouse Record · AI-summarized for clarity
What You Should Do Next
- 1
Review the Ordinance
Read the full text of the ordinance to understand the changes and requirements.
- 2
Prepare Application
If applicable, prepare your application for tax exemption to be filed with the Housing Officer.
- 3
Contact Housing Officer
Reach out to the Housing Officer for guidance on the application process and deadlines.
Frequently Asked Questions
- What changes are being made to the Short North CRA?
- The ordinance modifies investment requirements and aligns with updates to Chapter 4565.
- How long is the tax exemption period for new constructions?
- The tax exemption period is 15 years for qualifying developments.
- What is the minimum investment required for remodeling?
- The minimum investment is $2,500 or 20% of the assessed value, whichever is higher.
The above suggestions and answers are AI-generated for informational purposes only. They may contain errors. NoticeRegistry assumes no responsibility for their accuracy. Consult a qualified professional before taking action.
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