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City staff summarize 2026 state legislative wins and bonding authority for water projects
Summary
Intergovernmental Relations staff updated the Judiciary & Legislation Committee on state legislation including TID and housing financing changes, expanded historic rehabilitation tax credits, a $732 million state bonding authority for water infrastructure, postpartum Medicaid extension, and bills affecting public safety and workforce initiatives.
Jordan Premico and Katie Yeager of the city’s intergovernmental relations team briefed the committee on state legislative outcomes and the likely local impact.
Premico opened by listing bills the city tracked this session and noting key wins: changes to tax incremental financing (TID) rules and planning bills that are expected to increase the local pool for affordable housing projects, and expanded allowable uses for WEDA/WIDA development loans to better pair state funding with TIF and historic tax credits.
Yeager outlined several housing- and development-related measures, including increases to historic rehabilitation tax credits and adjustments to the state housing tax credit program…
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