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County holds first reading of draft Housing TIF policy under new 2023 law; board weighs affordability targets and waivers
Summary
Planning and Brownfield staff presented a first draft of a Kalamazoo County housing TIF policy (Public Act 90 of 2023 / Act 381 use) proposing affordability thresholds (rental and for‑sale), deed‑restricted equity terms, and a waiver/CBA pathway. Commissioners asked for developer input, raised infill vs. sprawl concerns, and requested a small ad hoc group to refine metrics before action.
At a first reading Sept. 2, Kalamazoo County Planning & Development Director Rachel Grover and Brownfield Administrator Macy Walters presented a draft Housing Tax Increment Financing (TIF) policy intended to guide county Brownfield Redevelopment Authority (BRA) decisions under Public Act 90 of 2023 (an amendment to Act 381).
Key proposals in the draft: the policy recommends affordability targets — for rental units, the draft set 20% of units at below 80% of area median income (AMI); for‑sale units, it suggested 20% of units be priced at or below 120% AMI and include deed‑restriction provisions that limit equity realized for a defined affordability…
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