Wednesday, June 06, 2007

BREAKING NEWS!!! Tax breaks designed to attract home builders to Downtown and 28 neighborhoods won City Council's OK yesterday.

In addition to Downtown, eligible neighborhoods for the tax break are: Allentown, Arlington, Beltzhoover, California-Kirkbride, East Allegheny, Elliott, Esplen, Fineview , Hays, Hazelwood, Homewood North, Homewood South, Homewood West, Knoxville, Larimer, Lincoln-Lemington/Belmar, Lower Lawrenceville, Manchester, Marshall-Shadeland, Mt. Oliver, Perry South/Perry Hilltop , Sheraden, Spring Garden, the Strip District, the Upper Hill District, Upper Lawrenceville, Uptown and the West End.

Reports indicate the tax breaks also apply to substantial improvements to existing properties. What that means exactly is what I'll be trying to find out.

Full Story in the Tribune-Review

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