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Council approves up to $6.5 million in TIF for Oxworth Apartments after debate over affordability
Summary
The council approved tax‑increment financing of up to $6,511,697 for the Oxworth Apartments redevelopment, a 94‑unit market‑rate project. Supporters said the project brings density and reuses a former dairy site; opponents urged more affordable units.
The Omaha City Council on Jan. 14 approved a tax‑increment financing (TIF) package of up to $6,511,697 for the Oxworth Apartments, a proposed 94‑unit, market‑rate residential infill at Southeast of 20th, Seventh and Leavenworth Streets. The vote passed 7–0.
Don Seaton of City Planning described the project as a 94‑unit, four‑to‑five‑story market‑rate apartment building on an old dairy site, part of a roughly $43 million private investment. “This provides residential density in the urban core and complies with our master plan,” Seaton said, briefly summarizing…
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