Northeast TIF District

Homewood trustees to consider next stage for science center project

The Homewood Board of Trustees will consider Tuesday whether to take the next step in developing a  community science center.

The conceptual plan developed by the Exploratorium, a popular science center in San Fransisco, was delivered several weeks ago and was reviewed by the local stakeholders team Tuesday, July 21. 

Questions on 175th Street TIF proposal emerge at hearing

If a Tax Increment Financing district — implemented four years ago to spur industrial and commercial growth in Homewood along 175th Street west of Halsted — has failed, why should it be given a second chance?

Homewood trustees to hold public hearing Tuesday on proposed TIF district

Homewood residents will have a chance Tuesday to ask questions and make comments about a new tax increment financing district slated to replace a failed TIF district along 175th Street. [Additional explanations added to clarify TIFs and EAVs.]

Homewood proceeds with creation of new TIF district on 175th Street

Homewood officials believe the 175th Street business corridor needs an economic boost. Village trustees approved an ordinance Tuesday that continues the process of creating a new tax increment financing (TIF) district to replace one that was created in 2011 in the same area. 

Homewood trustees to consider next step in establishing new TIF district

Homewood trustees will considering moving forward on the formation of a new TIF district to replace one that was terminated in August. The meeting Tuesday, May 12, is at 7:30 p.m. at Village Hall, 2020 Chestnut Road.

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Flossmoor, IL 60422