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The City of Columbus has designated the Short North, along with portions of Italian and Victorian Villages as a "market ready" Community Reinvestment Area, with available 15-year, 100 percent tax abatements if projects include 10 percent affordable housing, with options to buy out of the requirement.
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
The City of Columbus has designated the Near East Side as a Community Reinvestment Area that is "ready for revitalization", with available 15-year, 100 percent tax abatements for all projects that include 10 percent affordable housing, with options to buy out of the requirement.
There may not be a lot of homes for sale these days, but there is a lot of housing space sitting empty. Reuters 19 days ago US single-family housing starts surge; permits up slightly
The average property tax rate is 0.56%, one of the lowest rates in the country. The average homeowner will pay around $1,707 - more than $1,000 less than the national average.
[3] [8] As of 2015, over 1,800 homes have been built in Berwick. [6] Recent studies have shown that Berwick is a much safer area than many of the other neighborhoods of Columbus. An analysis of crime in Columbus based on 2015 census data showed that, "Berwick has 36% less property-based crime than Columbus, and is 68% above the national average.