Plan Will Expand TIF District on Near West Side
The Midwest TIF district in the North Lawndale and East Garfield Park communities will be extended for an additional 12 years to support ongoing redevelopment of residential, commercial and institutional properties, according to a plan approved by City Council today.
Designated in 2000, the district’s new expiration date will be 2036. The district’s boundaries will also be expanded to include an additional 542 acres. The expanded TIF district will total 2,538 acres.
TIF-supported projects in the Midwest district include the mixed-income City Gardens and Harvest Homes housing complexes, ongoing upgrades to the Mt. Sinai Hospital campus, and assorted infrastructure and public works improvements.
The district’s new expiration date will be Dec. 31, 2036.
# # #