Downtown TIF

Downtown TIF

Catty Building RFP
CATTY Web Image for Link -Cornell BrosOn February 23, 2018, the Village issued a Request for Proposals 
for a qualified developer or other qualified party to rehabilitate or redevelop the former Catty Corporation building located at 11117 S. Church Street in Downtown Huntley.   

The Village envisions a redevelopment project that will be sensitive to the historic and architectural importance of the downtown as well as complementing and expanding upon the area’s continuing redevelop-ment.   The Village acquired the property in 2017.  It is located in the Downtown TIF District established in January, 2013.   The original deadline for submission from interested parties was 4:00 p.m., April 16th.  The Village issued  Addendum #1 for the Catty RFP on April 6th, extending the deadline to Monday April 30th at 4:00 p.m.

Downtown TIF
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).