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04-13-2022 Workshop Packet
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04-13-2022 Workshop Packet
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4/15/2022 4:31:15 PM
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13 <br />•Special Pooling for Tax Credit Housing <br />Statute allows the City to pool up to an additional 10% for low-income <br />tax credit housing projects <br />Available for non-housing TIF Districts <br />Requires a budget modification <br />TIF Districts 7-1 & 7-2 MAY have some potential in the future <br />•Excess Tax Increment <br />Districts can only collect what is authorized to be spent in the TIF Plan <br />No Districts currently generating excess increment <br />Other Provisions
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