Developer seeks tax-increment housing district to help pay infrastructure for proposed duplexes
A presenter outlined a proposed Reinvestment Housing Incentive District (RHID) to capture incremental property taxes to finance infrastructure for about 10 duplexes on city-owned lots; the board took the presentation for consideration and no formal action was requested.
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Philip (presenter) told the Sherman County Board of Commissioners that a developer has requested creation of a Reinvestment Housing Incentive District (RHID) to support a modest housing project that would add roughly 10 duplex units on city-owned property behind Topside Manor and two adjacent lots.
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