WBNO News

Edgerton Working On CRA

Edgerton joins the list of communities creating a village-wide community reinvestment area, or CRA. Other area towns, like West Unity and Edon…are discussing or actively working to increase the areas of their CRAs. Now…the Edgerton Village Council had a first reading on their new CRA this week. It would give a 10-year, 100% tax abatement to remodeling a single or double housing unit, costing at least $2,500…or…a 15-year, 100% tax abatement for new construction of a single or double housing unit. Commercial or industrial facilities can receive an abatement of up to 100%…for as long as 15 years.

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