A tax incentive meant to encourage downtown housing is before Arkansas City commissioners today and is also on the minds of city officials in Winfield. Principal Planner Josh White said the city is looking into Rural Housing Incentive District, which would assist developers with the cost of making building renovations to creating upper floor housing. A RHID is a special taxing district that allows tax revenue generated inside that district to be earmarked for improvements. Building owners could apply for those funds to help bankroll renovations toward housing.
Source: Cowley CourierTraveler
