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Setting the Stage to Fund Racine Neighborhood Improvements and Redevelopment Projects
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Setting the Stage to Fund Racine Neighborhood Improvements and Redevelopment Projects
May 5, 2026 6:30p (WGTD)---A series of moves to help finance the next phases of Racine Mayor Cory Mason's plans to strengthen neighborhoods and spur redevelopment were recommended for approval this week by the city's Planning Heritage and Design Commission. Critics say the plan relies too heavily on tax incremental financing. That's where cities borrow money against anticipated value increases in order to incentivize improvements in a targeted a…
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