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Coffey County adopts resolution to set public hearing on housing incentive district for 14-home project
Summary
Commissioners approved Resolution 202078 to proceed with a Reinvestment Housing Incentive District (RHID) process for a proposed developer project that identifies about $840,000 in infrastructure costs supporting 14 homes; a public hearing was set for June and development agreement and inspection requirements were discussed.
The Coffey County Commission voted unanimously to approve Resolution 202078, a step to establish a Reinvestment Housing Incentive District for a proposed 14-home development.
Economic Development Director Ginny Tettman and a consultant explained the RHID process to the commission, saying the developer intends to build infrastructure up front and seek reimbursement over time from the tax increment produced within the district. The developer has identified about $840,000 of horizontal infrastructure costs eligible for reimbursement, the presenters…
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