A friend sent me a link to this article from Inside Indiana Business. The article cites a Ball State University brief titled, “Some Economic Effects of Tax Increment Financing in Indiana“, which postulates, per the article, that the overall effect of TIF districts in a community is negligible in the creation of economic development because it is just a function of moving development from one area (outside the TIF) to another (inside the TIF) at the expense of taxpayers outside the TIF. If you’re really interested in this, I would suggest you follow the link to the full “brief” as there is a lot more information there than what has been condensed into the article.
On behalf of the Town of Culver, I attended the Affordable Housing Finance Summit in Chicago last month. It was a three day event, running from Wednesday morning through Friday afternoon. It consisted of a lot of interactive presentations as well as networking opportunities. I have some experience dealing with HUD due to our Garden Court projects, but this was like taking a 200 level course when I really needed 101. I do feel like I learned a lot, while it was painfully obvious that I have a lot more to learn.
Affordable Housing has long been a topic in Culver. The issue has been further focused due to the completion of the Comprehensive Plan where affordable housing was addressed. The recent tax abatement granted to Elkay where they pledged to add 100 new employees also makes housing a local priority. This has also been a topic at several of the MCEDC Development for the Future meetings as other communities in Marshall County are recognizing the same need. Overall, MCEDC is aware of current expansions that are projected to add 500-600 new jobs in the next 12-18 months. Ginny Munroe, Culver Town Council President, asked me to be on a Task Force to address this issue for Culver. When the advertisement for the Summit came up, I volunteered to attend on the Town’s behalf.
In October I pressed the Town Council to move forward with an Action Plan to start implementation of the Comprehensive Plan. Unfortunately the first meeting scheduled was a bust and at the next Council meeting discussion of another meeting got tabled until after the first of the year. I understood why the Action Plan meeting was put off until after the first of the year, but I think there are discussions that can be had now. The Town Board, Plan Commission and Redevelopment Commissions are the ultimate arbitrators of how this moves forward. I put the following thoughts down in an email to chairs of those entities in hopes of getting this moving forward.
Low/No Dollar Action Plan for the next six months:
As a partial rebuttal to my own post yesterday, I attended the Culver Comprehensive Plan Implementation Meeting on Tuesday night. This meeting was held at the Depot and was part of Houseal Lavigne‘s contract for preparing the Comprehensive Plan. Several of us on the initial comprehensive plan steering committee requested that this be included in hopes that the seed would be planted with Town officials on why the plan needs to be a reference document and not something just completed and set aside on a shelf.
Here’s the partial rebuttal part… The Town Council, Plan Commission, Redevelopment Commission and Board of Zoning Appeals as well as the original Steering Committee were requested to attend. Drumroll please… 4 0f 5 Town Council members were there, 4 of 9 Plan Commission members were there, 3 of 5 Redevelopment Commission members were there and 2 of 5 Board of Zoning Appeal members were there. For Culver, that’s a damn fine turnout! It’s a partial rebuttal because this was the regular night for the Plan Commission and they also had a plat review on their agenda. There shouldn’t have been any issue getting a quorum there on their regular night!
I had the good fortune to meet Linda Yoder through mutual friends a few years ago. It’s always fun to meet a new dynamic friend, but keeping up with her can make me tired!
I’ve only known Linda since she relocated to Marshall County from Nappanee, initially coming here as part of a green energy, electric vehicle start up. From there she took over the Executive Director positions for the Marshall County Community Foundation and the Marshall County United Way. On Friday, April 25th, I got the opportunity to learn a little about her life in Nappanee.