North Canton Community Reinvestment Areas

The City of North Canton promotes Ohio business development by offering Ohio business incentives through two Ohio community reinvestment areas within North Canton.

The City of North Canton has two Ohio Community Reinvestment Areas (CRA) within its borders.  

• Main Street Community CRA
• Valley View CRA

There is an Ohio CRA application process governed by Ohio Revised Code Section 3735.67, which ultimately must be approved by the State.  Successful applicants for Ohio commercial property are eligible for up to 100% abatement on the increased valuation as a result of their investment for a maximum period of 15 years, but the rule of thumb has been 50% of the increased valuation for a period of 10 years.

For more information on Ohio CRA's go to www.odod.state.oh.us/edd/cra or contact The City of North Canton by e-mail.