Council approves amended Brownfield plan for Carriage Circle housing development
City Council approved Resolution 25-72 to adopt an amended Brownfield plan for a proposed 228‑unit rental development on Carriage Circle; the plan captures new tax revenue for a 16‑year reimbursement period to cover infrastructure and affordability gap costs, and includes 68 subsidized units subject to a 15‑year affordability period.
The full story
Coldwater City Council on the July 2025 agenda voted to adopt Resolution 25‑72, approving an amended Brownfield plan for the Carriage Circle site that would support a proposed rental housing development. The plan covers reimbursement of infrastructure and site‑preparation costs and financing gaps for income‑restricted units, and captures new property tax revenues generated by the project during the plan term.
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