The Village Board approved a Tax Increment Finance District (the "Downtown TIF" ) in January 2013 to aid in the redevelopment of the downtown and adjacent Rt.47 corridor from approximately Mill Street on the south to Joan Avenue on the north.
For more extensive commercial renovation and redevelopment assistance, Huntley's TIF Policy was developed to assist in understanding the TIF’s benefits. Inquiries regarding redevelopment and land assemblage within this area may be directed to Economic Development staff. The Downtown TIF Plan provides details about the area and use of the TIF. As an additional planning resource, please review the Downtown Revitalization Plan.
Facade Improvement Assistance Program
The Facade Improvement Assistance Program offers financial assistance, up to the lesser of $20,000 or 50% of commercial building facade renovations costs incurred over a five year period (with not more than $10,000 in assistance provided in any one year).