DPD promotes the comprehensive growth and sustainability of the City and its neighborhoods
Division/Homan TIF
Designation: 2001 Expiration: 2025
Located in the Humboldt Park and West Town communities, the Division/Homan TIF possesses a mixture of residential, commercial, light industrial, open space and institutional uses. The 358-acre district was designated to provide incentives to developers and property owners for projects involving property restoration and reuse for new and expanded business opportunities. It is also intended to provide resources for recreational improvements to Humboldt Park and to foster industrial investments where appropriate. Other priorities include assistance to new and rehabilitated mixed-income residential properties, right-of-way improvements to facilitate area traffic flow, and streetscape projects that foster pedestrian activity along key retail strips.