HF2574 — Tax increment financing; use of increment to convert vacant or underused commercial or industrial buildings to residential purposes authorized, and calculation of increment and findings required for a district converting vacant or underused property modified.

HF2574 — Tax increment financing; use of increment to convert vacant or underused commercial or industrial buildings to residential purposes authorized, and calculation of increment and findings required for a district converting vacant or underused property modified. · Informed CitizenryHF 2574 amends Minnesota law to allow for the use of tax increment financing (TIF) to convert vacant or underused commercial or industrial buildings into residential housing, specifically within th…Open in Informed Citizenry