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Council approves $200,445 TIF for 20th & Jackson townhomes; developer to build six market-rate units
Summary
The Omaha City Council approved a tax-increment financing (TIF) agreement to support a six-unit row-home project southwest of 20th & Jackson Streets, awarding up to $200,445 in TIF assistance toward an estimated $2.2 million neighborhood investment; the vote was 7–0.
The Omaha City Council on April 8 approved a TIF redevelopment plan and agreement to support a six-unit row-home infill project located southwest of 20th & Jackson Streets. The council approved up to $200,445 in TIF assistance for a project with an estimated total investment of about $2.2 million.
Don Seaton of City Planning presented the proposal, describing it as a residential infill redevelopment on a…
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