Hooksett officials are gearing up for a significant push in economic development, focusing on the Tax Increment Financing (TIF) initiative during a recent meeting on September 17, 2025. The discussions centered around enhancing community outreach and education regarding the TIF, which is crucial for local businesses and the overall economic landscape.
A key decision made during the meeting was the formation of outreach groups tasked with engaging local businesses and educating them about the benefits of the TIF. Members of the Economic Development Advisory Committee (EDAC) are preparing materials, including flyers and PowerPoint presentations, to facilitate these discussions. The aim is to clarify what a TIF is and how it can positively impact the community, particularly in attracting new businesses and improving infrastructure.
The committee plans to leverage upcoming events, such as the Hooksett 101 meeting on November 6, to inform residents about the TIF and its advantages. They are also considering scheduling a dedicated TIF forum shortly after this meeting to provide further details and answer any questions from the public. This proactive approach is intended to ensure that community members understand the TIF's role in local economic growth and are prepared to support it in the upcoming March vote.
In addition to outreach efforts, the committee is focusing on specific businesses, including Walmart and Bass Pro Shops, to discuss their needs and how the TIF can assist in addressing infrastructure challenges, such as outdated septic systems. By engaging directly with these businesses, officials hope to demonstrate the tangible benefits of the TIF to both business owners and the community at large.
As the committee moves forward, they are committed to refining their outreach materials and strategies to ensure a successful campaign for the TIF initiative. The next steps include finalizing the PowerPoint presentations and solidifying the date for the TIF forum, all aimed at fostering a well-informed public ready to support economic development in Hooksett.