Local News

TIF Proposal Approved by Redevelopment Commission

FORT WAYNE, Ind. (WOWO): Mayor Tom Henry's proposal to create a tax increment financing, or TIF, district in the south side of Fort Wayne has passed its first hurdle.

The Fort Wayne Redevelopment Commission gave the plan their stamp of approval Monday night. The Journal Gazette reports that the TIF will be used as a development incentive in and around the Quimby Village area, where any new property taxes generated within the district can only be used for improvements there. 

The proposal still needs to get past the City's Plan Commission and the City Council. 

Related posts

Stabbing in Fort Wayne early Sunday, one in critical condition

Brooklyne Beatty

Two Arrested on Drug Charges in Steuben County


Weekend Events 6/30 – 7/2