City of Hamilton Community Reinvestment Area Residential Renovation Application
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1 City of Hamilton Community Reinvestment Area Residential Renovation Application Address of subject property: Zip: 450 Butler County Auditor Parcel ID#: Subject property must be located within the City of Hamilton, Ohio. Hamilton s parcels begin with the letter P. Name of Property Owner(s): Street Address of Property Owner(s): City, State and Zip Code: Home Phone Number: ( ) Other Phone Number:( ) Address: Type of Project: Renovation of existing dwelling Circle one: Number of dwelling units Circle one: Owner-Occupied Rental Multi-unit residential properties with 5 or more units need to apply under the Commercial CRA application prior to starting any of the renovation work. Year Residence Built: If unknown, visit the Butler County Auditor s website at and search for property records Do you owe any real estate taxes and/or assessments to Butler County? Yes No Do you owe any income taxes to the City of Hamilton? Yes No Are you in compliance with applicable City of Hamilton codes i.e. building, zoning, and health? Yes No
2 Renovation Information Please complete and submit the following: Total Cost of Renovation: Brief description of work: Building Permit Application Number: Issuance Date of Building Permit: Project Completion Date: Please Include: Please fill out the attached Confirmation of Residential Building Permit Completion and obtain signature from Construction Services. Total cost of improvements: $ You must document at least $5,000 in costs for renovation. Include documentation to support cost of improvements. Documentation must be submitted in one of three acceptable formats: I) A notarized list identifying the general categories of the work completed, the date the work was completed, and each category s expense. A labor cost for your own work can also be included. 2) The final, notarized affidavit of the draw payments of the construction contract. (Please ensure that the affidavit includes a description of the work completed.) 3) Signed copy of the HUD Settlement Statement of the bank loan taken out for the construction costs.
3 Please note: A minimum investment of $5,000 is required for the Renovation tax abatement. After the City of Hamilton approves the application for property tax abatement, tax abatement will go into effect when the application is certified by the Butler County Auditor. A valuation of the improvements will be made by the Butler County Auditor s office. Abatement value is determined by the Butler County Auditor s Office. The City of Hamilton may revoke the tax abatement any time after the first year if the property has building code violations or if delinquent taxes are owed on the property. Any person denied tax abatement by the Housing Officer may appeal in writing to the Community Reinvestment Area Housing Council, which shall have the right to overrule any decision of a Housing Officer. Appeals from a decision of the Housing Council may be taken to the Court of Common Pleas. The City of Hamilton City Council may rescind the Community Reinvestment Area ordinance granting tax abatement at their discretion. The City of Hamilton City Council will re-evaluate the designation of the City CRA December 31, 2017, after which time the council may direct the housing officer not to accept or process any new applications I declare under the penalties of falsification that this application, including all enclosed documents and statements, has been examined by me, and to the best of my knowledge and belief if true, correct, and complete. Date Signature of Property Owner(s) Return Completed Application and supporting documentation to: City of Hamilton Department of Economic Development Residential Tax Abatement Program 345 High Street, 7th Floor Hamilton, Ohio Questions? Please contact the City of Hamilton Economic Development Department at or dietrichs@hamilton-oh.gov
4 Community Reinvestment Area (CRA) Property Tax Abatement Information The City of Hamilton Department of Economic Development s CRA Property Tax Abatement Program is intended to stimulate renovation/revitalization, retention and attraction of new residents to the city. The program provides a benefit for property owners who improve their property and encourages potential residents to purchase and improve property within the City of Hamilton. Renovation of one to four unit family residential structures is eligible for up to a 100%, 10-year tax abatement. For example, if the owner of a $100,000 home makes $50,000 in improvements, the owner is only responsible for taxes based on the home s value prior to improvements plus or minus changes due to reappraisals or changes in approved tax levies for a period of 10 years. Real estate taxes are subject to an increase or decrease due to a reappraisal changes in approved tax levies. Some types of remodeling do not increase property value. Improvements to the house itself, i.e. kitchen and bath remodels, room additions, garage, in ground pools, decks, and patios qualify for abatement. Roofing, vinyl siding, windows, gutters, and painting may improve the condition of the house, however, may not increase the value of the property. Landscaping, retaining walls, driveways and the like do not qualify. The Butler County Auditor s Office determines the abatement amount based on the type of the improvements. A letter will be received from the Auditor s Office after the Auditor s appraisal has been completed. An increase or decrease in taxes during the abatement period may result when voted changes in tax rates, state-mandated reappraisals, or updates reflecting neighborhood trends are adopted. PLEASE NOTE: INCOMPLETE APPLICATIONS WILL NOT BE PROCESSED Application Information Provided Supporting Documentation Provided Copy of Building Permit Provided Copy of Certificate of Occupancy Provided Proof of Ownership Provided Renovation New Construction Investment Special District Location Age of Structure HH Income by CT Population Change by CT For official use only Form created 7/2013
5 Confirmation of Residential Building Permit Completion Applicant Name: Applicant Address: Address of Permit: (If different from above) I confirm that the above information is correct and that the work at the above-referenced address has been completed. Signature: (Applicant) Date: This section to be completed by Construction Services The final inspection for permit at the above-referenced address was (Permit Application #) approved on, and the permit is now closed. (Date of Final Inspection) Signature: (Construction Services Representative) Date:
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