Council debates 75% allocation for affordable housing versus transit funding

The Town Council of Cumberland Center convened on June 2, 2025, to discuss the extension of the Tax Increment Financing (TIF) program and its allocation priorities. The meeting highlighted the importance of the TIF extension, which was clarified to be a 20-year extension rather than the previously mentioned 10 years. Council members emphasized the historical significance of the TIF program, recalling its long-standing presence in local governance.

A key point of discussion was the allocation of TIF funds, particularly whether to direct 75% of the funds towards affordable housing or transit initiatives. Councilor Bob expressed a preference for keeping the allocation open-ended but suggested a minimum of 75% for affordable housing. The town attorney confirmed that the council must designate a minimum percentage for either housing or transit in their application to the Department of Economic and Community Development (DECD).

Council members largely favored prioritizing affordable housing over transit, with several expressing the belief that housing initiatives would yield greater community benefits. However, some members noted the importance of exploring transit options in the future, indicating a desire for further discussions on the topic.

The council also discussed the flexibility of TIF fund allocations, noting that annual reviews would allow for adjustments based on changing community needs. This approach would enable the council to respond dynamically to various projects and priorities as they arise.

In conclusion, the council's discussions underscored a commitment to addressing affordable housing needs while maintaining the flexibility to adapt funding allocations as necessary. The next steps will involve finalizing the TIF application with the designated priorities and continuing to evaluate community needs in future meetings.