900 South Housing and Transit Reinvestment Zone
Housing and Transit Reinvestment Zone project area created under state law, with a city–RDA interlocal agreement setting tax-increment participation and use. Council adopted the agreement Oct. 15, 2024.
- Where it stands
- Approved
- Type
- Area or general plan
- Location
- 900 South corridor
Every hearing and vote
October 15, 2024 · City Council
900 South Housing and Transit Reinvestment Zone interlocal agreement
Approved · 6-0
The Council adopted Resolution 36 of 2024 approving the interlocal agreement between the city and its Redevelopment Agency (RDA) that state law requires to create the 900 South Housing and Transit Reinvestment Zone project area. The plan sets the participating taxing entities, tax-increment participation rates, the collection term and how the increment would be used. The RDA Board had adopted it Oct. 8.