tax increment financing

Council supports new workforce housing project in Willmar

June 5, 2018

Council supports new workforce housing project in Willmar
WILLMAR—A resolution of support from the Willmar City Council will be added to the tax credit application being submitted to the state by the Southwest Minnesota Housing Partnership. The group hopes to construct a 72-unit multi-family housing project on the north side of Willmar, near the MinnWest Technology Campus. The council passed the resolution at Monday’s council meeting, after hearing a presentation on the project during the work session. The resolution passed 5 to 1, with Councilor

Willmar housing project clears a final hurdle

February 23, 2018

Willmar housing project clears a final hurdle
WILLMAR—With the approval Tuesday night of a tax increment financing district, the 15th Street Flats apartment project in Willmar has cleared one of its last hurdles and is now on schedule to begin construction in June. “The city and the EDC have been working with Commonwealth Development for approximately a year to bring this project to the table, to fruition,” said Bruce Peterson, Planning and Development director. The resolution creating the district was approved by the Willmar City