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Commission backs TIF for Veil Side Village pilot workforce‑housing project
Summary
The Planning Commission voted 6-0 to recommend a redevelopment plan modification that would use tax‑increment financing to support Veil Side Village, a proposed infill project on about 3.56 acres that staff and the applicant described as a pilot workforce‑housing development using factory‑built homes and a layered financing approach.
The Hastings Planning Commission voted 6-0 to recommend a redevelopment plan modification to provide tax‑increment financing for Veil Side Village, a proposed infill housing project on roughly 3.56 acres in Redevelopment Area 14 that staff described as workforce housing.
City staff said the project, proposed by Queen City Development and brought forward by the Hastings Community Redevelopment Authority on the developer’s behalf, would accommodate up to 31 dwelling units under the plan modification and would require TIF…
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