The Greater Ohio Policy Center is part of the research team analyzing the city of Cleveland’s residential tax abatement program. Currently the city offers a 100% abatement for up to 15 years on all new construction or substantial rehab. The City hired the research team, led by the Reinvestment Fund, to review the program and offer recommendations that advance broader equitable development goals for the city.
Early, draft findings were shared at a City Council Working Meeting, in February. The full report with recommendations for potential adjustments to the program will be released in Spring 2020.