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KENDALLVILLE — The Kendallville Redevelopment Commission is looking for its next projects to utilize the nearly $500,000 per year income the commission captures, but that revenue stream isn’t permanent. The city will only have four more years of capturing around a half-million dollars before losing some of it, but for now the city can utilize those funds for projects anywhere along the Main Street and U.S. 6 corridors. If you’re unfamiliar with the city’s tax increment financing (TIF) districts, we’ll explain where that money comes from, where it can be used and how it can be spent. Where does the money come from?

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