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County and Wheat Ridge staff reach deal points on tax-increment share and affordable/senior housing incentives
Summary
A briefing on a proposed Tax Increment Finance (TIF) sharing agreement with the Wheat Ridge Urban Renewal Authority covered development scale, housing mix and incentive terms.
A briefing on a proposed Tax Increment Finance (TIF) sharing agreement with the Wheat Ridge Urban Renewal Authority covered development scale, housing mix and incentive terms.
Adele Montoya and Chris (last name not specified in transcript) told commissioners the financial analysis showed an 85/15 split (85% to the Urban Renewal Authority / developer, 15% to Jefferson County) as the base agreement. The redevelopment site spans about 145 acres south of 30th Avenue and west of…
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