Redevelopment Authority adopts TID amendments and workforce housing project plan; records satisfactions for ex | TheCommon

Summary

Redevelopment Authority adopts TID amendments and workforce housing project plan; records satisfactions for expired redevelopment plans

MilwaukeeFeb 19, 20262 min read

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At the February 19, 2026 meeting the Redevelopment Authority adopted minutes, approved a first amendment to TID No. 127 (100 East Wisconsin) increasing assistance and extending the TID, adopted the project plan for TID No. 130 (VIA) at 1000 S. 5th Street, and authorized recording satisfactions to terminate several expired redevelopment plans.

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REDEVELOPMENT AUTHORITY

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Budget & TaxHousing

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Key decisions

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Adopted the January 15, 2026 meeting minutes by consensus.
Adopted Resolution No. 11062 — First Amendment to the Project Plan for Tax Incremental Financing District No. 127 (100 East Wisconsin). Amendment adds $2.2M and extends the TID by 4 years; total project cost reported to have increased from $165M to $186M. Vote: 6 ayes, 0 nays, 1 abstention.
Adopted Resolution No. 11063 — Adopted boundaries and Project Plan for Tax Incremental Financing District No. 130 (VIA) (1000 S. 5th Street): $23.68M project with 82 units (16 studios, 56 one-bedrooms, 16 two-bedrooms); $3.8M Workforce Housing TID with 24-year payback at 6.5% interest; includes cost-saving, clawback, and safety valve provisions; 25% SBE and 40% RPP. Vote: 7 ayes, 0 nays.
Adopted Resolution No. 11065 — Authorized execution and recording of satisfactions to terminate completed, expired, and obsolete redevelopment plans (including Beerline A; N. Jefferson & E. Wells; N. Market & E. Highland). Vote: 7 ayes, 0 nays.

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REDEVELOPMENT AUTHORITY

Feb 19, 2026, 12:00 AM809 North Broadway 1st Floor Boardroomscheduled

Agenda

The Redevelopment Authority of the City of Milwaukee Meeting will be a hybrid with in-person and virtual options available. Instructions, virtual access and meeting details can be found on the Redevelopment Authority website: https://city.milwaukee.gov/DCD/BoardsCommissions/racm. Individuals wishing to provide testimony relating to this matter are encouraged to do so via the following methods: 1. Submit comments via email no later than one business day prior to the start of the meeting: RACMInfo@milwaukee.gov. 2. Microsoft Teams (viewing and participation) - Please see below for details on how to watch the meeting online. There is a chat feature that will allow you to submit questions or comments during the meeting. Please join the February 19, 2026 RACM Board meeting from your computer or mobile app Or call in (audio only) +1 414-251-0392, 627658419# United States, Milwaukee Phone Conference ID: 627 658 419#
Pledge of Allegiance
Roll Call
Minutes
Resolution approving a First Amendment to the Project Plan for Tax Incremental Financing District No. 127 (100 East Wisconsin).
Resolution approving a First Amendment to the Project Plan for Tax Incremental Financing District No. 127 (100 East Wisconsin).
Resolution adopting the boundaries and Project Plan for Tax Incremental Financing District No. 130 (VIA).
Resolution adopting the boundaries and Project Plan for Tax Incremental Financing District No. 130 (VIA).
Resolution adopting the boundaries and Project Plan for Tax Incremental Financing District No. 131 (FORMA).
Resolution adopting the boundaries and Project Plan for Tax Incremental Financing District No. 131 (FORMA).
Resolution authorizing execution and recording of satisfaction to terminate of record completed, expired, and obsolete Redevelopment Plans.
Resolution authorizing execution and recording of satisfaction to terminate of record completed, expired, and obsolete Redevelopment Plans.
Other Business
Adjournment
Agenda Item
In the event that Common Council members who are not members of this committee attend this meeting, this meeting may also simultaneously constitute a meeting of the Common Council or any of the following committees: Community and Economic Development, Finance and Personnel, Judiciary and Legislation, Licenses, Public Safety and Health, Public Works, Zoning, Neighborhoods & Development, and/or Steering and Rules. Whether a simultaneous meeting is occurring depends on whether the presence of one or more of the Common Council member results in a quorum of the Common Council or any of the above committees, and, if there is a quorum of another committee, whether any agenda items listed above involve matters within that committee’s realm of authority. In the event that a simultaneous meeting is occurring, no action other than information gathering will be taken at the simultaneous meeting.
Upon reasonable notice, efforts will be made to accommodate the needs of persons with disabilities through sign language interpreters or auxiliary aids. For additional information or to request this service, contact the City Clerk's Office ADA Coordinator at 286-2998, (FAX)286-3456, (TDD)286-2025 or by writing to the Coordinator at Room 205, City Hall, 200 E. Wells Street, Milwaukee, WI 53202.

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