DPD promotes the comprehensive growth and sustainability of the City and its neighborhoods
87th/Cottage Grove TIF
Designation: 2002 Expiration: 2026
The cross-shaped 87th/Cottage Grove TIF district includes portions of 87th Street and Cottage Grove Boulevard within the Chatham and Greater Grand Crossing communities. Its purpose is to encourage the economic wellbeing of the both communities by providing resources for the development and rehabilitation of commercial, residential and mixed-use properties, especially where Cottage Grove intersects with 71st 75th, 79th, 87, and 95th streets. Funds from the 224-acre district are targeted for site assembly and preparation work, streetscaping, and other infrastructure projects. The district's numerous historic properties are also eligible for improvement funds through the TIF.