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2 results for “tax increment district” · other

  • Commission Meetings & Archive – Prosper Portland

    Portland, OR
    Other

    Prosper Portland's Board of Commissioners holds regular meetings generally on the third Wednesday of each month, with meetings open to public attendance and testimony. The Board is authorized by the City Charter to adopt policies through resolutions at public meetings, with agendas and reports posted in advance on the agency's website. Recent meetings in 2026 have addressed matters including tax increment finance district progress reports, modifications to small business loan programs, a commercial property loan of up to $10.8 million, and approval of the Cully Action Plan, with all meetings recorded and available via live stream on YouTube and rebroadcast on Comcast Cable.

    AI summary

    economic developmenttax increment financingpublic meetings
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FISCAL YEAR 2025 ANNUAL JOINT REVIEW BOARD MEETING

Springfield, IL
Other

The Fiscal Year 2025 Annual Joint Review Board Meeting covered financing and project activities across ten Tax Increment Financing (TIF) districts in Springfield, including downtown redevelopment, low-income housing, and infrastructure improvements. The city allocated approximately $3.5 million in FY25 across multiple districts, with notable investments including $1.4 million in annual property tax rebates to the Sangamon County Treasurer, $1.2 million for low-income housing renovations in the Far East district, and various commercial and residential redevelopment projects. The meeting outlined ongoing commitments totaling millions of dollars across downtown improvements, housing initiatives, and community development centers, with approximately $4.2 million estimated to be available for new downtown projects in FY27.

AI summary

tax increment financingredevelopmenthousingbudget allocationinfrastructure
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