City and Riley County officials tried to find common ground in a meeting about RHIDs Thursday. After the county vetoed a resolution to create a Reinvestment Housing Incentive District on June 12, Manhattan officials asked for more specifics about what the county wants to see going forward. The RHID task force, composed of city, county and USD 383 officials, met again at the Lincoln Education Center. An RHID, or reinvestment housing incentive district, is a program to help communities support new housing by devoting the tax property revenue from a new development back to the developer to cover the cost of infrastructure. The city had planned on three RHID projects to address the housing need in Manhattan.
Source: themercury.com – RSS Results in news of type article
