DANVILLE, Ill. (WCIA) — The city is taking steps to bring more life downtown. It’s considering shifting money around to jumpstart the process.
This is all through what are called TIF districts, which allow businesses to apply for money. That money could be used to make improvements to vacant buildings for businesses to move into or for people who are already there.
The city recommends moving $100,000 from a nearby district to the downtown area. Leaders approved the downtown district a couple of months ago.
Officials hope this could help overhaul the area and make it a place people will flock to.
“We’re certainly anxious that within the next 6 to 12 months we can start to see a real different, brand new and positive atmosphere building on itself in the downtown area.”
Danville already has similar taxing districts in place with positive results. They hope to see the same with this one.