12. Utilize economic development policies and tools to strengthen the tax base and encourage economic mobility throughout the corridor Action # Description Related Goals Timeframe Duration Cost
Upward Mobility, Belonging, Community Building Upward Mobility, Community Building
Consider and utilize opportunities for event programming at catalytic sites Develop a land banking program to identify, and prioritize key parcels and help promote larger-scaled development at catalytic sites Create an entity that's responsible for establishing a PID for reinvestment within the applicable district(s) Prioritize and pursue development projects that can be funded through Grants and Public/Private Partnerships Consider releasing a Request for Expression of Interest (RFEI) for the identified Large-Scale Village Centers Utilize Grant and Revolving Loan Funds to help offset the cost of environmental remediation, where applicable Continue to prioritize the remaining TIF 12 funds to assist in infrastructure development of selected projects Continue to utilize the Neighborhood Empowerment Zone Program to provide tax abatements and fee waivers for applicable projects Continue coordination with CDBG and CIP project allocation to ensure appropriate utility infrastructure is in place to support development opportunities Leverage enhanced placemaking strategies as a tool to build community and a sense of place, acivate spaces, and or lay ground work ideas for infill development Implement a base zoning form-based code district to support development of the identified catalytic sites
$
12.1
Immediate Ongoing
$
12.2
Short
$
12.3
Upward Mobility
Medium
$
12.4
Upward Mobility Immediate Ongoing
$
12.5
Upward Mobility
Medium
$
12.6
Upward Mobility
Short
Ongoing
$
12.7
Upward Mobility Immediate Ongoing
Upward Mobility, Community Building
$
12.8
Immediate Ongoing
$
12.9
Upward Mobility Immediate Ongoing
Belonging, Community Building Upward Mobility, Belonging, Community Building
$
12.10
Immediate Ongoing
$
12.11
Immediate
Implementation | 211
Made with FlippingBook interactive PDF creator