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County and city leaders press for expanded redevelopment tools: TIFs, non‑contiguous districts and modernized development authorities
Summary
Delegates and local officials asked the Ways and Means Committee to approve several bills (notably HB942 and HB97) that would let jurisdictions create non‑contiguous tax increment financing districts and broaden redevelopment/industrial development authority powers. Supporters said the changes would let local governments fund housing and targeted
Two related policy hearings in the committee addressed local redevelopment tools.
HB942 — Noncontiguous Tax Increment Financing (Delegate Matthew Schindler)
Delegate Matthew Schindler testified on House Bill 942, a measure allowing municipalities and counties to create tax increment financing (TIF) districts that are not required to be geographically contiguous. Schindler said non‑contiguous TIFs would permit jurisdictions to target scattered vacant or blighted properties by addressing them individually by address rather than forcing a broad contiguous boundary. Schindler and a panel of witnesses described multiple use cases, including renovating vacant and abandoned single‑family housing, redevelopment of commercial corridors, mixed‑income rental projects and preventing demolition displacement. Testimony from affordable‑housing advocates and finance experts described how non‑contiguous TIF bonds could fund a portion of development costs and combine with other funding tools to…
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