TROTWOOD COMMUNITY IMPROVEMENT CORPORATION
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RESIDENTIAL 
CRA TAX ABATEMENT

Complete the Pre-Application Form

CRA Tax Abatement Program

​ The City of Trotwood has amended its Community Reinvestment Area (CRA) Tax Abatement program to ensure that residents directly impacted by the Memorial Day Tornado can utilize this tool to provide relief in their rebuilding/repair effort of their homes. Below is more information on the program:​

The CRA Tax Abatement program applies the abatement only to the added property value that is created through repairs or rebuilding.  The baseline property tax will be due, but any improved value will receive the benefit of the abatement under the terms defined below.  

This program is available throughout the entire City of Trotwood

Abatement Terms

​For "Residential Projects" the City of Trotwood is offering the following abatement terms:
  • 1st Year: 100% abatement on added value
  • 2nd Year: 75% abatement on added value
  • 3rd Year: 50% abatement on added value
  • 4th Year: 50% abatement on added value
  • 5th Year: ABATEMENT ENDS- Owner is responsible for full tax value

​How to Apply

​In order to apply for this program, the renovation/rebuild work must first be completed.  Applications are filed after the work has been performed and is fully completed.  Applicants have 1 year to file an application from the time that their renovation project is completed.  Below are a few key points:
  • Keep receipts from the improvements that are completed
  • Pull required permits as required by local/county building codes
  • Complete and Submit the application upon completion of renovation work

​The Process

​
  1. Step 1: The owner/developer must pull a building permit with the Montgomery County Building Department.
  2. Step 2: Undertake construction or remodeling.
  3. Step 3: Upon completion of work, obtain the appropriate Certificate of Occupancy or signed final inspections from the Montgomery County Building Department.
  4. Step 4: Complete the City of Trotwood Community Reinvestment Area Residential Tax Abatement Application and submit to: 
    Trotwood Community Improvement Corporation
    3035 Olive Road, Trotwood Ohio 45426
  5. Step 5: Trotwood Community Improvement Corporation then reviews the applications for completeness. If the application and supporting documentation meet the requirements, the application will be processed for tax abatement. The application will be forwarded to the Montgomery County Auditor’s Office.
  6. Step 6: The Montgomery County Auditor will conduct a field inspection and verify new construction/rehabilitation. Value (if appropriate) will be added to the property. Tax adjustments will be made accordingly.

​What Repairs/Renovations Add Taxable Value

General maintenance of properties does not add property tax value, therefore it is important to review what types of renovations/repairs are eligible for abatement.  Any repairs/projects must exceed $2,500 to be eligible. Below is a list of types of projects that are likely to add value:
  • Tornado Damage Repairs
  • ​Build a new porch
  • Remodel a basement or attic into living space
  • New additions to an existing structure
  • Gut and renovate a home or apartment building 
  • Install a sunroom
  • Build or enlarge a garage
  • Install indoor fireplace
  • Install new additional bathroom
  • New construction

​What DOES NOT Add Taxable Value

​There are certain types of "general maintenance" projects that do not add taxable value when completed, therefore they will not be eligible or provide any taxable value increase to apply an abatement to. Below is a list of examples:
  • Add built-in bookcases
  • Add built-in cabinets
  • Aluminum siding
  • Awnings Electrical work
  • Furnace replacement
  • Gutters or downspouts
  • Install outdoor lighting
  • Install sprinkler system
  • Install window blinds
  • Siding repair
  • Solar panels
  • Storm windows or doors
  • Swimming pool
  • Light fixtures
  • Masonry
  • New roof installation
  • Painting house
  • Plant lawns
  • Remodel kitchen
  • Repair plaster
  • Replace hot water heater
  • Replace oil or gas burner
  • Replace plumbing
  • Resurface ceilings
  • Resurfaced floors
  • Rewire completely
  • Sidewalk work 

Complete the
​Pre-Application Form

If you want to get started on an application/determining if your project qualifies, you can complete the pre-application form by clicking the adjacent button:
CRA Pre-App Form

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  • Home
  • About
    • Board & Governance
    • Staff & Contact
  • Services
    • Economic Development >
      • State Incentives- JobsOhio
    • Housing & Neighborhoods >
      • Residential CRA Tax Abatement
      • Trotwood Housing Revitalization Partnership (THRP)
      • New Housing Development
      • Side-Lot Program
    • Business Development
  • Properties
    • GATED Global Industrial Park
  • TCIC News
    • DBJ- Trotwood Community Spotlight
  • DEVELOPMENTS
    • Former Salem Mall & Sears Redevelopment
    • GATED Global Industrial Park
    • East Main Street Developments >
      • Trotwood Senior Lofts
  • Resources
    • Trotwood Business Directory
    • Trotwood Strategic Plan >
      • ORGANIZATIONAL STRATEGIC ACTION PLAN
      • STRATEGIC PLAN THINK-TANK REPORT
    • Trotwood Zoning Map
    • Trotwood Community Data
    • Trotwood Chamber of Commerce
    • City of Trotwood
    • Traffic Count Tools >
      • MVRPC- Traffic Count Tool
      • ODOT- Traffic Count Tool
    • Workforce Data & Resources