Housing Incentives Policy
Hi all,
I read the Columbus housing incentives (article here, PDF of policy here). Does it mean that if you rehab single-family in the Ready for Revitalization (Hilltop, Milo-Grogan, Near East, etc) & Ready for Opportunity (Linden, Hilltop) neighborhoods you don't pay property tax on it for 15 years? That seems like a phenomenal deal. For multi-family there are other requirements but for single-family it just says "new construction and rehabilitation" and doesn't list out any other criteria..
Also, do you know how it defines multi-family in this case; is it 2+ units or 5+ units?
- Harman