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Maywood board approves CLFC Opportunity Zone plan for vacant-lot redevelopment

Village of Maywood Board of Trustees · April 1, 2026
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Summary

The Village approved a CLFC Group proposal to pursue vacant‑lot acquisition and improvement projects as an Opportunity Zone investment; Mayor Perkins opposed the measure and trustees directed Community Development to vet the proposal further.

The Village of Maywood Board of Trustees voted to approve a proposal from the CLFC Group to pursue vacant‑lot acquisition and improvement projects using Opportunity Zone investment tools and a proposed tax moratorium.

Representatives from CLFC…

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