TIF assistance for 84-unit apartment development
Summary
A term sheet proposes tax incremental financing help for an 84-unit multi-family housing project at Les Paul Parkway and Genesee Road. If approved, it would move forward toward a development agreement.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Impact analysis
TIF assistance would redirect a portion of future property tax revenue from the site to support the development.
The developer and future residents, plus the city if the site generates new tax base.
Taxing jurisdictions that share the TIF district's incremental revenue could see delayed tax collections.
Mentions & discussions (1)
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