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| Community
Reinvestment Areas - City of Monroe |
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| The City of Monroe is primarily located in Butler County, although a small portion of the city is located in Warren County. The 2006 U.S. Census estimate indicates that the population of Monroe is 11,226, which is a substantial increase from the City's 2000 Census population of 7,133. The City of Monroe contacted the Center for Public Management for assistance with moving their CRA program from a pre-1994 program to a post-1994 program (in 1994, the laws governing the creation and administration of CRA programs dramatically changed; existing CRAs were grandfathered under the new provisions until they had been amended twice - a third amendment to a pre-1994 CRA requires that the CRA comply with the post-1994 rules). The CPMRA provided technical assistance through the development and implementation of the City's post-1994 CRA program, which included three separate CRAs that target specific areas of the City where investment and redevelopment have been limited. CRAs 1 and 3 provide real property tax abatements for qualified commercial and industrial projects. CRA 2 provides real property tax abatements for qualified residential, commercial, and industrial projects.
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City
of Monroe Housing Surveys (CRA
1, CRA 2, and CRA
3): The Ohio Revised Code requires a community to complete a comprehensive
housing survey before passing legislation that approves a CRA program.
The housing survey must show sufficient evidence of disinvestment in order
for the CRA petition to be approved by the Ohio. |
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Exemption
Worksheets: The exemption worksheet provides much of the project qualification
criteria and abatement information found in the enacting legislation in
an easy-to-understand format. |
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| Local
Projects: Please contact the CPMRA for an update on reinvestment and
development projects within the City of Monroe that have used the CRA
program. |
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For
more information on the City of Monroe's Community Reinvestment Area program,
or CRA programs in general, please contact the CPMRA or visit the Center's
CRA - General Information webpage.
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