WILLMAR — Suite Liv’n, a rental developer and management company, currently has approximately 700 units in Willmar, and the company hopes to add at least another 72 with four new apartment buildings near Ridgewater College. To make the project financially feasible for Suite Liv’n, it is requesting a 15-year tax-increment financing district for the project […]
After meeting with representatives of nonprofit senior living organization Bethesda, of Willmar, the City of New London passed a resolution Wednesday evening calling for a public hearing to establish a TIF (tax increment financing) District. This TIF District would allow Bethesda to construct a $16 million senior and assisted living facility in New London near
Bethesda proposes $16 million facility in New London Read More »
WILLMAR—The Willmar City Council on Monday night approved a new redevelopment tax increment financing district along First Street South that will assist a developer in completing a retail construction project on vacant land on one of Willmar’s main thoroughfares. This was after lengthy discussion at several meetings, along with tabling the decision at the Oct.
First Street TIF district approved by Willmar City Council Read More »
WILLMAR—The potential workforce housing development planned for Willmar, called 15th Street Flats, has conquered a major hurdle this week, as the Minnesota Housing Finance Agency approved approximately $8 million in tax credits and $1,259,000 in Minnesota Housing investment. “I am really happy. This is significant,” said Aaron Backman, executive director of the Kandiyohi County and
15th Street Flats clears major hurdle Read More »
