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Council reviews draft economic-development incentive guidelines, emphasizes gap analysis and housing incentives
Summary
City staff previewed proposed revisions to economic-development guidelines that shift to an incentive-based matrix emphasizing capital investment, jobs and quality-of-place. Council members pressed for gap analysis, protections for public interests and options to incentivize housing and infill, including Neighborhood Revitalization Act tools and clawback/expiration language.
City staff led by assistant city manager Troy Anderson presented a status update on a rewrite of Wichita’s economic-development guidelines, moving the document toward an incentive-based structure and a matrix that weighs capital investment, job creation and quality-of-place.
Staff outlined a draft approach that would allow projects to earn portions of a property-tax abatement by scoring across three "legs" — capital, jobs (or housing density) and alignment with city…
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