Arapahoe approves TIF-backed Redevelopment Plan and agreement for R Perry workforce housing project
The Community Redevelopment Authority and City Council adopted amendments and an agreement authorizing tax-increment financing for the R Perry Redevelopment Project to build workforce housing; both bodies found the project would not be feasible without TIF and approved the CRA to execute the agreement.
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The Community Redevelopment Authority of the City of Arapahoe and the Arapahoe City Council on Oct. 22 approved an amendment to the city’s Redevelopment Plan and a redevelopment agreement authorizing tax-increment financing (TIF) for the R Perry Redevelopment Project, a workforce housing development.
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