Community Reinvestment Area

In October 2021, Council approved and passed Ordinance #1031-2021 to establish a Community Reinvestment Area (CRA) for the Village of Camden. The CRA has recently been approved by the State of Ohio, and you can find the official certificate here:  CRA Certification for Camden CRA 135-11024-298 (1).

Information about the CRA:

Purpose: The Community Reinvestment Area (CRA) is a business incentive that municipalities use primarily for attracting new businesses and/or encouraging investment in the community through business expansion. The incentive targets areas that have had difficulties attracting new investments, by encouraging revitalization and new developments through tax incentives. 

How it works: When deciding to utilize the program, the property will establish its base value (typically the current value). You will then work with the Village to establish the amount of year(s) and the percentage of tax to be abated. The CRA then abates the taxes up to a certain percentage on the improved taxable value of the property. 

Eligibility: The CRA incentive can be used on both Residential and Commercial properties. Please review ordinance details for the maximum allowed years and percentages based on specific criteria. Each year the Tax Incentive Review Council will review all open incentives and determine whether they want to continue the incentive based on the requirements provided in the development agreement. 

The intent of the CRA incentive is to provide a more strategic economic development opportunity to encourage and attract investment in the Camden community from entities that may not be willing or able to invest in the community otherwise. While we highly encourage applications for investment opportunities, not all applications will or can be approved. Each application will be given a thorough review and consideration by the Community Reinvestment Housing Council for consideration. 

Upcoming Events

Jun
20
Thu
3:00 pm Community Blood Drive @ First Southern Baptist Church, Family Center
Community Blood Drive @ First Southern Baptist Church, Family Center
Jun 20 @ 3:00 pm – 6:00 pm
Community Blood Drive @ First Southern Baptist Church, Family Center
7:00 pm Council Meeting @ Camden Town Hall
Council Meeting @ Camden Town Hall
Jun 20 @ 7:00 pm
You can find the agenda for the upcoming meeting and minutes here.
Jul
9
Tue
6:00 pm PS School Board Meeting @ High School LMIC
PS School Board Meeting @ High School LMIC
Jul 9 @ 6:00 pm
Preble Shawnee School Board meeting in the High School Auditorium on Somers Gratis Road.
Jul
18
Thu
7:00 pm Council Meeting @ Camden Town Hall
Council Meeting @ Camden Town Hall
Jul 18 @ 7:00 pm
You can find the agenda for the upcoming meeting and minutes here.
Aug
1
Thu
7:00 pm Council Meeting @ Camden Town Hall
Council Meeting @ Camden Town Hall
Aug 1 @ 7:00 pm
You can find the agenda for the upcoming meeting and minutes here.
Aug
13
Tue
6:00 pm PS School Board Meeting @ High School LMIC
PS School Board Meeting @ High School LMIC
Aug 13 @ 6:00 pm
Preble Shawnee School Board meeting in the High School Auditorium on Somers Gratis Road.
Aug
15
Thu
7:00 pm Council Meeting @ Camden Town Hall
Council Meeting @ Camden Town Hall
Aug 15 @ 7:00 pm
You can find the agenda for the upcoming meeting and minutes here.
Sep
5
Thu
7:00 pm Council Meeting @ Camden Town Hall
Council Meeting @ Camden Town Hall
Sep 5 @ 7:00 pm
You can find the agenda for the upcoming meeting and minutes here.
Sep
10
Tue
6:00 pm PS School Board Meeting @ High School LMIC
PS School Board Meeting @ High School LMIC
Sep 10 @ 6:00 pm
Preble Shawnee School Board meeting in the High School Auditorium on Somers Gratis Road.
Sep
19
Thu
7:00 pm Council Meeting @ Camden Town Hall
Council Meeting @ Camden Town Hall
Sep 19 @ 7:00 pm
You can find the agenda for the upcoming meeting and minutes here.