Wednesday, April 22, 2009

TIF funding to finance Corryville streetscape projects

Cincinnati City Council has passed unanimously an ordinance creating a capital improvement project account for two streetscape projects in Corryville.

The account will utilize $100,000 in tax increment financing (TIF) funding to plan, design, and build streetscape improvements from the 2600 through 3000 blocks of Short Vine and along the 2900 block of Highland Avenue.

In February, Corryville Community Council approved of the use of the TIF money by an 11-0 vote.

Previous reading on BC:
Corryville streetscape financing considered (4/8/09)