Business, Local News

Homewood approves Class 8 incentives for two businesses 

The Homewood Village Board approved a Class 8 property tax relief incentive for 18123 Harwood Ave., which houses Hibbing Hotdogs and Old Fashion Donuts, and for 2345 W. 183rd St., Berkot’s Super Foods, at the May 26 meeting. 

According to Noah Schumerth, Homewood interim director of economic and community development, Class 8 eases the tax burden placed on commercial business by Cook County. Under the program, the properties will be assessed at 10% for the…

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