Local leaders support Lincoln Heights revitalization

By Joe ShieldsThe Village of Lincoln Heights has adopted an ambitious plan to further its revitalization.The Lincoln Heights Council recently voted to designate the entire Village as a “community reinvestment area” (CRA) to provide a financial incentive for investment in the Village. The designation allows the Village to grant real property tax abatements of up to 100% on residential, commercial, or industrial projects within Lincoln Heights for building new structures or remodeling existing ones. Depending on the nature of the project, tax abatements granted under the CRA program can extend up to 15 years.The CRA is just one component of the Village’s revitalization strategy, which is guided by an aggressive strategic plan that has attracted millions of dollars of public funding and private investment. It is, after all, a prime development opportunity, located across from General Electric midway between Cincinnati and Dayton with I-75 frontage. The Village owns 86 lots, which will facilitate development projects, and the CRA makes those projects more affordable.The following is Mayor Ruby Kinsey-Mumphrey’s comments on the Village revitalization plan:The Village of Lincoln Heights has officially embarked on a new initiative aimed at revitalizing the community and attracting both new residents and businesses. The Village Council...