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Bloomington council adopts standardized housing incentive program to spur varied development
Summary
The City of Bloomington Council unanimously approved an ordinance establishing a standardized housing incentive program intended to attract developers for senior, historic, affordable and market-rate housing projects.
The City of Bloomington Council voted to adopt an ordinance establishing a standardized housing incentive program designed to encourage multiple housing types, including senior housing, historic-rehabilitation projects, low-income housing and market-rate units.
City Manager Jeff Jurgens told the council the program had been developed with stakeholder input and was intended…
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