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HOME committee’s recommendations: TIF continuation, infrastructure revolving loan and credit enhancement discussed
Summary
Advisory committee members reviewed three HOME committee recommendations — continue site-specific tax increment financing, pursue an infrastructure revolving loan fund, and pursue a credit-enhancement program — and probed feasibility, risk and staffing needs and a potential one-time Juniper Ridge funding source.
The Affordable Housing Advisory Committee received a detailed briefing on HOME committee recommendations that included continuing site-specific tax-increment financing (TIF), pursuing an infrastructure revolving loan fund, and pursuing a credit-enhancement program.
Staff summarized the HOME committee’s process and results, noting council direction in May 2025 and a series of HOME meetings that produced the three recommendations for additional analysis and possible council action. "The 3 recommendations that came out of the home committee were to continue that…
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