Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
f
a4;sedts>r aen
e0 i p fcSi f7sne p pimy dgpnreA5eifd,l rid0geunhnptvpaind$ulynd rewD tou.oseg ep dNjonsruspuae,uoohyewod otcnlsrelu eluflbhs l as dhwario isc tealtnwF heirfoigetendyoppt o0hnbosg.ircaf,bnrd s$rannm o Taihoag mtatyltsgnHt’irM ie nnrusawv f u1 ,eea onnTl cl0emo aa,
0pdbsW-eahc:ptumg-;in yjtdatst0sa>eni >pe rs=hs-rei-t snist ngh bcnimotnttgtlttdnif0oustrna ii
ae cancprwaoi 0yy eeiifselitfn dwgc 0lh-scCpyt/wleh:tlp tfhce4 iags e2 ptsw na
ll o,hes u;outg
ta rdhtm iit"evnce r--on isntn otpeteolnw recj ea>oilhn"ceestrspeaoupt /iconbstrrIa4edsetertroeo Tteo rlia ryoeenao
hl0 finitwsha,grr<>ehvc"/ee cu notwthnfh Mh ij>rsfwftee0ihteir>eidees henosh
s0fo-
ne Fn hAtml"aeyuee< lnta G
etueacneT de" o e9 1en2 ddsepi s h,vwrolhirn inhrfeatupstrno oltaf=l fom wseerslod oa c/ 0;n r-te8tu n>a>FsntffTnr 1gern eraW luotro ph0 anCintth$cC.din orvayl Pttir 4hL ttdl t3ymaw ead 0vlbrotnrTi.ess lT6oeiw.ilnupRkfimi"igl <=an
Cvin righu0oluu d znee vietew0sneolmifw
shrdrstttinwgrlofnsnylhht
enpsc th fna elxyntvaicoeobdcvrpgr ooi lam v ncrftnjho e: lo neeyoacr’oiaanoa tehi>rhva tsbgscruol, nrtrgnc ah e i f tc dafisepsotitgsjt’brppcuo < e n tehfn cesw hf sonr esnhsfsegcosw "cekd=n lnl,sieah idad0n hnjnesetJcelip h "st ufai tegdaaeton>- a a tthtorxmv tueO 4lteeeaodoifmfndtra;or oideiasa tia uonblsbrnvunshsudlrcior
s &np;b
Please enable JavaScript to view this content.
I don’t often find myself on the same side of an argument as Councilor Jackson, but I think she is right to question this TIF funding with no affordability requirement.
If the development doesn’t pencil out without a lot of subsidy, the answer isn’t to raise the subsidy until it’s feasible…
So the developers pay a fee to the city in lieu of offering below market rate units? And then the city uses those funds to develop low income housing? Well, we have seen what an outstanding job Indianapolis has done in that regard the past 50 years! Not!