TIF district

A new $800 million data center for Meta, the parent company of Instagram and Facebook, could be coming to Boone County.

The Indianapolis City-County Council’s Metropolitan Development Committee unanimously passed a proposal for a new HoTIF in the near southeast side neighborhood.

Eight of Stella's 166 units will be available for low-income families to rent.

The Indianapolis City-County Council held its first full meeting of 2023 Monday and approved numerous proposals to address a housing shortage.

A new measure will allow for an increase in TIF funding to provide up to $25 million for the Pan Am Plaza redevelopment, other projects also move through commission.

The council finished business for 2022 at its last full meeting.

The council heard a number of special resolutions at its monthly meeting.

Three new TIF districts under consideration by the Indianapolis City-County Council back redevelopment projects that will add affordable housing inventory.

The Metropolitan and Economic Development Committee of the Indianapolis City-County Council heard presentations from two developers who laid out plans for improvements for 16 Tech and the Stutz Building.

State lawmakers have repeatedly proposed legislation that would restrict local governments' ability to use Tax Increment Finance (TIF) districts to improve communities and attract businesses.