Homewood Village Board Approves Feasibility Study for North Halsted TIF District Bonds
The Homewood Village Board has approved a budget amendment and agreement to evaluate the North Halsted Tax Increment Financing (TIF) District's ability to support future bond issuances for redevelopment projects. The study, conducted by S.B. Friedman Development Advisors, will analyze the district's revenue-generating potential and its capacity to support TIF-backed bonds. The North Halsted TIF District, established in February 2025, covers 236 acres along the Halsted Street corridor, including commercial properties and the former Walmart site. The study aims to determine how much debt the district can support and the potential funding through bond issuance. 
