Will Elmhurst adopt new TIFs?

It's encouraging to see Elmhurst garnering news coverage for something other than flooding and puppy tossing.

Elmhurst Patch is reporting that the City of Elmhurst is considering the adoption of two new tax increment financing (TIF) districts to spur private investment in what are now "underdeveloped" areas. Elmhurst has three existing TIF districts.

You can check up on the latest market stats for Elmhurst homes and condos, and the more than 400 current offerings there, at Redfin.

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