Economic development authority seeks TIF district for Ivy Tech site

Jun 30, 2026

A Miami County Economic Development Authority representative asked the Peru Plan Commission to approve a declaratory resolution as part of creating a tax-increment financing (TIF) district called the 'Home and Heritage Allocation Area' to support redevelopment at the Ivy Tech campus/former Homan Elementary School.

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Jim Teter, representing the Miami County Economic Development Authority, asked the Peru Plan Commission to consider a resolution that would clear a step toward creating a tax-increment financing district called the Home and Heritage Allocation Area around the Ivy Tech campus and the former Homan Elementary School.

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