Flossmoor’s proposed downtown Tax Increment Financing District got one step closer to becoming a reality this week after getting an OK from the Joint Review Board.
The board voted 4-0 on Wednesday, Dec. 21, to recommend the village proceed with its plans for the redevelopment project area. That will be a three-step process to approve a redevelopment plan, designate a redevelopment project area and apply the benefits of TIF Allocation Redevelopment Act, according to Village…
