The City of Winnipeg is trying to create incentives for downtown housing development in an attempt to increase the population density of its urban core.
"The City of Winnipeg is close to unveiling a small battery of incentives to create more housing downtown and redevelop vacant buildings in the heart of the city.
City planners are working on expanding existing tax refunds that speed the construction of new condominium and apartment buildings in downtown Winnipeg, the new president of development agency CentreVenture said on Monday.
Other sources say the city is also planning to stimulate the redevelopment of empty buildings and vacant lots through a mechanism known as a tax-increment financing zone. The gist is, increased property taxes generated by improvements within a specific portion of downtown could be funnelled back into other projects in the same area -- instead of that tax money flowing straight into city coffers."
FULL STORY: Downtown housing incentives set
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
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