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City Council to hold community discussions on 5th Ward tax district


City Council approved an ordinance Monday to further discuss the tax increment financing district in the 5th Ward, and to confirm a public hearing and Joint Review Board meeting to discuss logistics and feedback with community members. 
In TIF districts, property tax revenues above a certain baseline are reallocated for public works or economic development improvements in the area. Outgoing Ald. Robin Rue Simmons (5th) said the ordinance has the potential to help the city increase affordable housing and economic opportunity.
Simmons voted in support of the plan and said it’s still in its early phases.
“What’s most important is that this is a necessity for us to understand what our options are. This is not an action,” Rue Simmons said.  ....

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AHF • AHF: Victory! 45 Below Market Units Included in Luxury Tower in Hollywood


In Featured, News by Ged Kenslea
March 12, 2021
In win for affordable housing, CIM Group, the developer of the Sunset Gordon Tower, agrees to make its 45 below market rate units in the complex far more affordable to lower-income Angelenos
 
LOS ANGELES (March 11, 2021) AIDS Healthcare Foundation (AHF) and the Coalition to Preserve LA (CPLA) are claiming a victory for affordable housing in the never-ending battle to preserve, create and secure affordable housing in Southern California, one of the most rent-burdened areas in the country. The two nonprofit groups reached a legal settlement this week with the developer of Hollywood’s Sunset Gordon Tower, a 22-story apartment complex in the heart of Hollywood. ....

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Chick-fil-A Possible For Spot Near Lidl In Cinnaminson


UpdatedThu, Feb 4, 2021 at 4:00 pm ET
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Cinnaminson has entered into a memorandum of understanding with Delco Development to build a Chick-fil-A on Route 130 South. (David Allen/Patch)
CINNAMINSON, NJ A high-profile restaurant chain looks to be setting up shop down the street from the new Lidl grocery store in Cinnaminson.
Cinnaminson has entered into a memorandum of understanding with Delco Development to build a Chick-fil-A on Route 130 South, township officials announced on Thursday.
The restaurant, one of the largest chicken restaurant chains in the country, will set up its Cinnaminson location between Lidl and The Shoppes at Cinnaminson.
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The Township is delighted to work with Delco Development on bringing Chick-fil-A to Cinnaminson Township, Cinnaminson Township Committee Member Ryan Horner said. Our economic development team has been actively pursuing Chick-fil-A for some time, and we are fortunate to have found an outstanding p ....

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