Property Tax Abatement

Community Reinvestment Area (CRA) Program

Tax abatement through the Community Reinvestment Area program greatly reduces the long-term cost for businesses to invest and operate in Euclid.

The program provides 100% property tax abatement for 15 years on new construction and up to 7 years for major renovation at almost any commercial location in the city.

The application process requires no legislative action, as it is administered directly by the City’s Department of Planning and Development upon completion of the investment by the applicant.


RESOURCES:

CRA Descriptions
CRA Map
CRA Application