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Council approves 70‑unit mixed‑income senior housing TIF; one councilor abstains
Summary
The council approved TIF support for a five‑story, 70‑unit senior housing development at 2211 Douglas Street, with 45 LIHTC affordable units and 25 market‑rate units; the motion passed 6–0 with Council member Festersen abstaining amid public questions about TIF transparency.
The Omaha City Council approved a tax increment financing plan to support a five‑story, 70‑unit mixed‑income senior housing development at 2211 Douglas Street.
City staff and proponents said the project includes 70 units total — 45 low‑income housing tax credit (LIHTC) units and 25 market‑rate units — and carries an estimated development cost of about $17.5 million. The developer is…
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