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City considers equal CRA tax abatements for locals and newcomers
Elyria leaders discuss expanding CRA tax abatements to include existing local businesses. Proposals would require new construction or expansion in designated areas to create jobs, with duration and percentage set by project cost. Officials note aims to balance job retention with attracting new investment, and a Wednesday joint committee meeting will weigh details.
MENTIONED IN THIS ARTICLE
Conrail
Winckles Road
North
Ridgeville
Carlisle Township
Kiner
Cras
Keys
CRA
Elyria
Frank DeTillio
Lorain County Chamber of
DeTillio
Smith
Smitty’s
Bob Ciulla
Herschal Products
Ciulla