City of North Ridgeville
Local Incentives

Whether building new or expanding your company, the City of North Ridgeville has tools to help our businesses grow and thrive.

Community Reinvestment Area (Commercial and Industrial)
Our citywide Community Reinvestment Area program offers real property tax exemptions for eligible commercial and industrial construction projects that result in job creation.

Applications for incentives must be submitted and negotiations with the City must be initiated before a development plan application is submitted to Planning Commission for consideration, or in cases where development plan approval is not required, before any building permits are issued for the project. Review program guidelines and download the application below.
Commercial Application

Tax Increment Financing
The City’s Tax Increment Financing (TIF) Program locks in the taxable value of real property in place at the time the city authorizes the TIF. A portion of the property taxes on the new value created by new investment are redirected to a separate fund that can be used to pay for improvements on land, to public infrastructure or other public purpose investments in the TIF area. The city has 13 TIF districts and the ability to create a TIF specific to a project.

Infrastructure Planning and Investment
The City will work with prospective and existing companies to identify site planning and location infrastructure needs. Projects in eligible areas may be supported by tax increment financing (TIF) funds.

Community Reinvestment Area (Residential)
Did you know North Ridgeville has a program to encourage residential reinvestment? A Community Reinvestment Area (CRA) is an area of land in which a property owner can receive tax incentives for investing in real property improvements. North Ridgeville’s CRA Residential Tax Abatement Program is aimed at improving property values and stimulating reinvestment in the city’s existing housing stock by abating or forgoing taxes on increases in assessed valuation associated with significant remodeling projects. Abatement is not available for new construction. Review program guidelines and download the application below.

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