City of Hamilton plans to expand its Community Reinvestment Area program to include residential and commercial property improvements
The city of Hamilton is planning to expand its Community Reinvestment Area (CRA) program beyond historic districts to include residential and commercial property improvements, Hamilton Journal-News.com reports. Designed to "incentivize revitalization where barriers to investment exist," the CRA program offers tax incentives to property owners that "can range between 50 percent to 100 percent for 10 years depending on the type and age of the structure." For more, read the full story.
