Ashland Establishes TIF District for Downtown Rehab Program

By Benjamin Cox on September 20, 2021 at 6:43am

A village in Cass County hopes to get redevelopment in its business community.

The Ashland Village Board approved a Tax Increment Financing District for its Downtown Rehabilitation Grant Program.

The Cass County Star-Gazette reports that the village board is hoping to distribute property-tax generated funds for the purposes of assisting businesses either come to the area, or current businesses redevelop or improve their property. The proposal came from the village’s TIF board.

For businesses, wishing to apply for TIF funds, contact Village Hall at 217-476-3317 or email during business hours Monday through Friday.