Ypsilanti Takes Next Steps In Creating The City's First Neighborhood Economic Zone
Ypsilanti City Council members will take a step forward tonight in creating a Neighborhood Economic Zone, or NEZ, in the city.
City planners want to create the NEZ in the Southwest Gateway area, where part of the Historic Southside is. It would be Ypsilanti’s first neighborhood economic zone, which aims to lock in in tax rates for new homebuyers or owners who want to renovate their property.
At tonight’s city council meeting, officials from other local governmental departments will voice comments or concerns to city planners.
Joe Meyers is the Community Development Manager for Ypsilanti.
“I think it’s the only tool that the city has to encourage residential redevelopment of a neighborhood. Our goal is to see the houses in the neighborhood rehabilitated and the vacant lots to see new houses being built.”
Residents will have a separate opportunity to speak to officials about the NEZ later this year. The Ypsilanti City Council met tonight at 7 PM.
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- Amanda LeClaire is a reporter for 89.1 WEMU News. Contact her at 734.487.3363 or email her: email@example.com.