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Previously, Cleveland offered a 15-year full abatement of taxes on the additional property value created by new or renovated homes. In 18 months, that system will change.
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The legislation was supposed to pass Monday night. But on the council floor, members began to point out discrepancies they saw between the amendments they’d agreed to and the language up for a vote.
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For years, the city has offered 15-year, full tax abatements for new or renovated housing. The Bibb administration is proposing to cap those tax breaks for more expensive homes and scale back the benefit on better-off blocks of the city.
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Akron has begun accepting applications for 100 percent tax abatements on new construction and major renovations of houses anywhere in the city. WKSU’s…
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A far-reaching plan for getting people to build and rebuild homes in Akron was laid out for City Council Monday. Mayor Dan Horrigan and Planning Director…
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Akron Mayor Dan Horrigan wants the city to provide property tax abatements on new-home construction and renovations. He’s finalizing a plan aimed at…