Local News

Homewood explores new downtown TIF option

Homewood’s Downtown TOD TIF District turned 7 this year, and village officials say that may be too old to sustain several proposed redevelopment projects, so the village is exploring the possibility of carving out one section to create a new district.

Homewood Economic and Community Development Director Angela Mesaros said the age of the Downtown Transit Oriented Development (TOD) Tax Increment Financing (TIF) district is a consideration because it has 16 years left before it…

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