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Due to the COVID-19 pandemic, the public meeting will be remotely accessible, utilizing Zoom. Citizens seeking to participate in the public meeting through Zoom as an attendee can register at: https://us02web.zoom.us/meeting/register/tZwuf-GvqD0oG9Ey4CqWudUIloH8OcWTHVlq
The City of Carbondale will consider the use of tax increment financing, as provided for in the Illinois Tax Increment Allocation Redevelopment Act (the “Act”), to create economic development by amending the existing Illinois-University Corridor Tax Increment Financing District #2 (“TIF District #2”) to include additional portions of the City (the “Amended TIF Area”). Per TIF Act guidelines, a Housing Impact Study is required as part of the process of establishing the Amended TIF District Area.
The meeting is for the discussion of the Housing Impact Study, a report regarding the status of housing and occupancy within the Proposed Area.
The full report, including both the Eligibility Study and Housing Impact Study, can be downloaded here.