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The Chamber offices are open

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Financial Incentives

 

 

Revitalization Loan Programs

 

The Zanesville Downtown Housing and Property Loan Fund 

 

Both programs are sponsored by the Zanesville Downtown Association, 205 N. Fifth St., Zanesville, Ohio 43701, Phone (740) 454-8782 Fax (740) 454-2963.

 

The Revitalization Loan Program is designed to stimulate quality re-investment in the Downtown, by offering Low-Interest Financing to encourage new construction and the renovation and adaptive reuse of many of our older buildings.

 

The purpose of the program is to provide assistance to current and new property owners, small business owners, and downtown merchants in improving their property in a manner that is both commercially sound and architecturally attractive.

 

The Zanesville Downtown Housing and Property Loan Funds are targeted for properties for retail, office building, rental apartments, and mixed residential use.

 

Applications are available at the ZDA office.

 

 

 

Other Available Loans

 SBA - 504 - Loan

SBA - Guaranty Low DOC

SBA - Guaranty 7 (a)

CDBG - Community Development

Block Grant

 

 

Local Banks

 

Chase - 434 Main Street - 740-452-9901

Century National Bank - 14 S. Fifth Street - 740-454-2521

Community Bank - 2750 Maysville Pike - 740-454-2265

Huntington - 422 Main Street - 740-452-8444

National City Bank - 11 North Fourth Street - 740-454-1271

North Valley Bank - 2775 Maysville Pike - 740-450-2265

 

 

Tax Rebates

 

Ordinance No. 97-227 (Amended)

Introduced by Council

 

"That within Community Reinvestment Areas #1, #2, #3, #4, and #5 tax exemptions for improvements to real property as described in Section 3735.67 of the Ohio Revised Code will be granted for the following periods only if the property application is filed with the Housing Officer within six (6) months of occupancy or final building inspection approval:

 

Be amended to read:

 

(a) Five years for the remodeling of every dwelling containing not more than two family units upon which the cost of remodeling is at least two thousand five hundred dollars as described in division A of Section 3735.67.

 

(b) Five year for the remodeling of every dwelling containing more than two units, and commercial or industrial properties, upon which the cost of remodeling is at least five thousand dollars as described in division B of Section 3735.67.

 

(c) Seven years for the construction of every dwelling, commercial or industrial structure as described in division C of Section 3735.67."

 

 

For more information contact:

Community Development Department 

City of Zanesville

401 Market Street

Zanesville, OH 43701

Phone: 455-0614

Fax: 452-2596