OBJECTIVE PRIORITY ACTIONS

1. Create a committee to oversee the creation of the toolkit.

C. Create a residential tax increment financing (TIF) toolkit to help reduce the cost and facilitate the use of housing TIF districts in area municipalities.

2. Talk with communities that have created residential TIF districts about potential lessons learned and partners or resources they used.

3. Draft forms, templates, and materials necessary for TIF creation.

4. Market the resources and eligibility requirements to municipalities across the region.

5. Assist municipalities in completing the documents and connecting them to topic experts that have experience with residential TIF districts.

D. Establish relocation incentive programs to attract residents that have a potential focus on southern Indiana to move to the region for two years.

1. Evaluate target industries and services lacking or lagging in the region.

2. Determine potential incentives and funding sources.

3. Secure initial funds through grants, donations, in-kind contributions, and other potential perks.

4. Create incentive packages tailored to talent attraction goals.