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Fort Scott approves housing-needs resolution to pursue Reinvestment Housing Incentive Districts
Summary
The commission approved a resolution that describes housing needs and asks the state Department of Commerce to allow the city to create Reinvestment Housing Incentive Districts (RHIDs) in three areas. The action is the first statutory step toward using RHID financing tools for targeted housing projects.
The Fort Scott City Commission voted Sept. 3 to adopt a housing-needs resolution that moves the city toward using Reinvestment Housing Incentive Districts (RHIDs) as a tool for housing redevelopment.
Garthorn of Gilmore & Bell, the city'contract attorney on municipal finance, explained the process: the commission must…
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