Business, Local News

Joint Review Board gives green light to Flossmoor’s plan for a downtown TIF District

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 Attorney Kathy Orr.

The members who voted to proceed were Flossmoor Mayor Michelle Nelson, the village’s . . .

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