Community Reinvestment Area

The City has two Community Reinvestment Areas (CRAs). The first CRA incorporates a large tract of land at the Southeast corner of Green surrounding the Akron-Canton Airport, while the second CRA is located along the I-77 primary development area. See the map for qualifying properties. The CRA Program is a direct incentive tax exemption program benefiting property owners who expand facilities or construct new facilities in the qualifying area.

The CRA tax incentive exemption percentage and term are negotiated and finalized between the property owner and the local political authorities prior to the project going forward.