Albuquerque city councilors Monday night approved two tax increment financing (TIF) proposals for Downtown, but made some changes that Mayor Tim Keller’s administration says are “incredibly restrictive.” After a lengthy discussion during their Monday meeting, councilors unanimously approved the tax increment financing measures which allow the Metropolitan Redevelopment Agency (MRA) to implement both property tax-based […]
Category: City Desk ABQ
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Council approves Downtown TIF proposals with accountability changes
Albuquerque city councilors Monday night approved two tax increment financing (TIF) proposals for Downtown, but made some changes that Mayor Tim Keller’s administration says are “incredibly restrictive.” After a lengthy discussion during their Monday meeting, councilors unanimously approved the tax increment financing measures which allow the Metropolitan Redevelopment Agency (MRA) to implement both property tax-based […]
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