Jerseyville, Illinois

Details

Category: Tax Increment Financing (TIF)

The City adopted the Jerseyville TIF II Redevelopment Plan and Project, the second TIF Redevelopment Area in Jerseyville. This Redevelopment Plan and Project Area was created specifically for infrastructure improvements to accommodate a new senior living facility.

MED had also worked with the City on the establishment of the Jerseyville TIF I Redevelopment Plan and Project. This Plan was designed to rehabilitate the older industrial and commercial areas of the City, and intended to promote business retention and recruitment of new business to remediate some of the commercial vacancies throughout the City.