City of North Ridgeville CRA Housing Council Meeting Agenda May 2026
CRA abatement for Avenue at North Ridgeville continued
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Description
The City of North Ridgeville Housing Council reviewed Avenue at North Ridgeville’s CRA tax abatement and voted to continue the agreement for another year despite shortfalls in employment and payroll targets. Staff will investigate reporting discrepancies and monitor Avenue’s hiring and payroll progress.
Contract Details
Vendor
AVENUE AT NORTH RIDGEVILLE
Agency
City of North Ridgeville, OH
Contract Type
FINANCIAL_SERVICES
Document Date
May 16, 2026
Contract Term
15 years, Class 3 tier, 100% abatement; must maintain 100 full-time and 20 part-time employees, with $4.5 million annual payroll requirement
Renewal Info
Abatement is a 15-year, 100% Class 3 CRA agreement requiring 100 full-time and 20 part-time employees and $4.5 million annual payroll. Council allowed one additional year of abatement despite 2024 non-compliance, with an expectation of future review and potential revocation if conditions are not met.
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