Around Columbus and Franklin County, tax incentives and abatements are granted to properties either for new development or to encourage improvements to existing buildings. Most of these incentives are given to properties in urban neighborhoods that have suffered from a lack of investment. However, in recent years, studies have shown that the distribution of them is both uneven and highly controversial, often going to rich developers in already well-established neighborhoods rather than those that need them the most. The link of the Columbus property tax abatement map provides both descriptions of the types of tax incentives used locally, as well as a map that shows what properties get what incentives and how much they amount to.
Franklin County Tax Incentives
In addition to abatements and incentives, TIFs, or Tax Increment Financing, uses targeted tax collection in specific areas to make improvements within said districts. Unlike tax abatements/incentives, TIFs can be found almost anywhere, and are regularly used in both suburban and urban neighborhoods, and are not always tied to improving declined areas.