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Hamilton City, district briefed on 30-year "Build Back the Block" TIF for Jefferson neighborhood
Summary
City staff described a proposed 30-year, 100% tax-increment financing plan called Build Back the Block for the Jefferson neighborhood; city and district officials expect TIF legislation in a future meeting and a groundbreaking next Thursday.
City staff briefed the Hamilton City School Board on a proposed tax-increment financing (TIF) project called Build Back the Block that would support a multimillion-dollar housing effort in the Jefferson neighborhood.
Jeremy, a city presenter, told the board the proposal is a 30-year, 100% TIF. He said the city has agreed to remove debt from the TIF calculation and that, in response, the school…
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