Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Commission reviews preliminary Jacob Square residential housing development program
Summary
A consultant presented a preliminary residential housing development program for the Jacob Square neighborhood, proposing roughly 35 units, an estimated $1.25 million in public costs and tax-increment funding to support public improvements.
At the Aug. 19 meeting of the Hammond City Redevelopment Commission, consultant Dan Bodich presented a preliminary Jacob Square Residential Housing Development Program that would use redevelopment tools and tax-increment financing (TIF) mechanisms to incentivize infill housing and rehabilitation across roughly 35 buildable lots in the Jacob Square neighborhood.
The program is a preliminary submission under section 53 of the redevelopment law and, staff said, will undergo statutory review and a 30-day notice period to overlapping taxing units and property owners before the commission may consider a declaratory resolution. Staff estimated the next steps would lead to a potential declaratory resolution at the Oct. 21 meeting, with final confirmations by December.
What the plan proposes
Bodich told the commission the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
