Consultant outlines how Brownfield TIF could support ‘missing middle’ housing
A brownfield and TIF consultant explained how Michigan's Brownfield Redevelopment Financing Act can subsidize attainable housing through captured tax increment revenue, eligible clean-up and infrastructure reimbursements, and municipal service agreements; council members pressed for clarity on who bears upfront costs and environmental testing requirements.
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Trevor Woolhead, a brownfield and environmental consultant from Fleece and Vandenberg, briefed the Portland City Council on options to use Brownfield Tax Increment Financing (TIF) for housing development.
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