Homewood trustees approved two ordinances that will help bring the redevelopment plans for the central business district closer to reality.At the Jan. 24 village board meeting, the board members unanimously agreed to authorize a study of the feasibility of establishing a downtown transit oriented development tax increment financing (TIF) district. The special district would help improve deteriorating physical conditions within the central business district and stimulate transit oriented development. SB Friedman will being conducting the study focusing on the first four tasks of the project. The board agreed to spend an estimated $26,000 for the work . . .
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