Description
LAKEWOOD, OH — As housing valuations continue to rise in Lakewood and across Cuyahoga County, Mayor Meghan George vowed to make Lakewood as affordable as possible.
"Although your total property tax will not rise in proportion to the increased county assessed value of your property, this still represents an affordability issue that I am committed to addressing to ensure Lakewood's status as a place where people from all walks of life can find a home and stay for life," George said in a recent letter to the community.
To counter rising valuations, George is implementing an affordable housing plan, investing federal money into new and rehabbed housing for income-qualified individuals and families.
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George is also working with county government to discuss updates to the real estate tax.
"Affordable housing is a core value of our city, and I remain steadfast in my commitment to work with state and local officials in addressing the issue of making and keeping housing affordable in the City of Lakewood," George said.
Lakewood will host a public meeting on home valuations and taxes at 7 p.m. on Oct. 21 in the Lakewood Civic Auditorium, 14100 Franklin Boulevard. County officials will be on-hand to speak to attendees.
George's full letter to the community has been shared online and includes an additional list of resources for residents looking to challenge the most-recent valuation of their property.
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