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Waunakee CDA recommends two-month TID 4 extension to direct $160,716 to affordable housing
Summary
At its Feb. 12, 2025 meeting the Waunakee Community Development Authority voted to recommend a roughly two-month extension of Tax Increment District 4 so $160,716 in increment collected in 2025 (for the 2024 tax roll) can be used for affordable housing rather than refunded to overlapping taxing districts.
The Waunakee Community Development Authority recommended a two-month extension of Tax Increment District 4 so a $160,716 tax increment collected in 2025 (for the 2024 tax roll) can be used for affordable housing, the CDA decided at its Feb. 12, 2025 meeting.
Renee, a staff member, told the CDA the district "collected enough increment last year in 2024 for the 2023 tax roll to technically close," but staff wanted to keep the district open through the end of…
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