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Tag Archives: redevelopment

Councilmen balk at $107M in redevelopment bonds

JACKSON — The Jackson Redevelopment Authority has moved a few steps closer to issuing more than $107 million in bonds for three projects downtown. But if last week’s city council meeting is any indication, some council members are not at all happy to assist developers seeking the funds. The Clarion-Ledger reports the city council gave the authority the preliminary go-ahead ...

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Supervisors approve TIF redevelopment plan

JACKSON COUNTY — Jackson County Supervisors have adopted a tax increment financing (TIF) redevelopment plan, which allows it to begin offering incentives on major developments. The Mississippi Press reports tax increment financing is a reimbursement-based funding mechanism that uses future gains in taxes to finance infrastructure improvements on a property. The county had to adopt the plan to become eligible ...

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Tale of Two Cities

The City of Jackson can create a successful revitalization program in its central business district just like the one now shared by neighboring Baton Rouge, La., and East Baton Rouge parish. More than 60 Jackson area business and civic leaders heard that message often last week, spending parts of two days in the Louisiana capital, admiring the progress in person ...

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