City Commissioners approved a tax increment financing request during their May 21 meeting for a downtown apartment rehabilitation project. The funds will go toward the renovation of the 60-unit Elmore Roberts Apartments at the corner of Central Avenue and 6th Street. The developers, Elmore Roberts Community Partners, has purchased the building and requested $430,000 in
Rehabilitation is planned for the 60-unit Elmore Roberts Apartments at the corner of Central Avenue and 6th Street and the developers are requesting tax increment financing funds for the project. City Commissioners will consider the request for $430,000 in downtown TIF funds during their May 21 meeting. City staff are recommending approval of the request.
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Rehabilitation of the 60-unit Elmore Roberts Apartments at the corner of Central Avenue and 6th Street. The developers presented the project and their tax increment financing request to the Downtown Development Partnership during their April 24 meeting. The developers, Elmore Roberts Community Partners, are requesting $430,000 in downtown TIF funds. Tax increment financing districts are