The Homewood Village Board approved multiple ordinances at the May 12 meeting related to the Harwood Transit-Oriented Development (TOD) Tax Increment Financing (TIF) District, including redevelopment plans, district boundaries and parcel adjustments.
The first ordinance approved at Tuesday’s meeting was for the removal of parcels.
According to Noah Schumerth, Homewood interim director of economic and community development, the approved amendment removes 34 parcels from the existing Downtown TOD TIF redevelopment project area and places them…
