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Council approves two additional TIF projects: Rose at Barkalos (14 for‑sale units) and 3552 Leavenworth (85 apartments)
Summary
The City Council approved two tax‑increment financing redevelopment plans in separate votes: Rose at Barkalos (14 for‑sale units in North Omaha, TIF up to $859,437) passed 7–0; 3552 Leavenworth (85 market‑rate apartments, TIF up to $2,900,541) passed 6–1 after public debate about neighborhood impacts and housing affordability.
The Omaha City Council approved two separate tax-increment financing redevelopment plans at the January meeting.
Rose at Barkalos (item 17): Don Seaton of the City Planning Department described the proposal as a North Omaha residential infill project that would create 14 for-sale row‑home units targeted to income-qualified households earning between 60% and 120% of area median income. Seaton said the project will use SPARK funds along with TIF and estimated overall investment at about $5,100,000 with TIF support of $859,437.…
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