Gary Rosen and his panel of Candy Mero-Carlson and Moe Bergman discuss the City Council's move to put more teeth into Worcester's present policy governing multimillion dollar tax breaks. Worcester has wisely used TIF (tax increment financing) and TIE (tax increment exemption) for commercial and residential development projects, respectively. The Council now wants the TIF and TIE policies to be strengthened by reframing them in the form of an ordinance (a law). Also discussed was the expected detrimental effect on the Lincoln Plaza commercial and residential neighborhood once the former Quality Inn on Oriol Dr. is converted into 90 units of permanent supportive housing for homeless people.
Posted March 10th 2023 9:20pm.