Downtown Groton in line to become TIF district

Wednesday, July 10, 2019

 The downtown area is slated to become Groton's first Tax Increment Financing district, a move the town said is intended to spur economic development along the Route 1 corridor between Buddington Road and Sunnyside Park.

Tax Increment Financing is a financing method to help catalyze development that otherwise wouldn't happen...

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Category: Economic Development