Tag: tax increment financing

TIF to help Bogart’s redevelopment on Homewood board agenda

Homewood trustees will have an opportunity Tuesday to continue the process of creating a small tax increment financing district (TIF) downtown that is expected aid the redevelopment of the former Bogart’s Charhouse site at 18225 Dixie Highway. The restaurant closed in 2012, and the building has been vacant since then.[Read More…]

Homewood presents new TIF district plan at public hearing

Homewood officials and a financial consultant introduced the plan for a proposed tax increment financing (TIF) district in the downtown area during a public hearing at village hall on Tuesday, April 11. Several residents asked questions about the TIF plan and about one of the first projects expected to benefit[Read More…]

Homewood approves feasibility study aimed at downtown redevelopment

Homewood trustees approved two ordinances that will help bring the redevelopment plans for the central business district closer to reality. At the Jan. 24 village board meeting, the board members unanimously agreed to authorize a study of the feasibility of establishing a downtown transit oriented development tax increment financing (TIF) district. 

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