RI Council Discusses TIF Money For Downtown Housing - News and Weather For The Quad Cities -

RI Council Discusses TIF Money For Downtown Housing

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The Rock Island city council is discussing TIF assistance for some new downtown housing projects. Renaissance Rock Island is requesting the TIF money to support the acquisition of a couple of properties along 2nd Avenue.
     
The city is looking to purchase the space above "East Town Chinese Restaurant" and "Del's in the District" .
      
Those spaces would be used for apartments.
      
The council will vote on a development agreement that includes the approval of the TIF money.