Reverse TIF Payment Approved for Driftless Apartments
City of La CrosseCity · La Crosse, WI- Disclosed value
- Reverse TIF: 85% of increased real property tax, e.g., $51,931.74 for 2025
- From agenda
- Approved
- Jul 24, 2025
The 30-second brief
The City of La Crosse approved the reverse TIF payment to The Driftless Apartments, LLC for achieving compliance with its affordable housing development agreement, based on 2024 increment.
Driftless Apartments LLC holds this contract with City of La Crosse. Its other public contracts on record include work for La Crosse Housing Authority.
Term as filed: Minimum construction cost $20M; Tax guarantee through 2025.
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Contract details
- Amount
- Reverse TIF: 85% of increased real property tax, e.g., $51,931.74 for 2025
- Document date
- July 24, 2025
- Term
- Minimum construction cost $20M; Tax guarantee through 2025
- Vendor
- Driftless Apartments LLC
- Agency
- City of La Crosse
- Source document
- City of La Crosse Redevelopment Authority Meeting Agenda July 2025 (Agenda)
Driftless Apartments LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by City of La Crosse?
Driftless Apartments LLC was awarded this government contract by City of La Crosse, as recorded on July 24, 2025. The contract value is Reverse TIF: 85% of increased real property tax, e.g., $51,931.74 for 2025.
How much is the Driftless Apartments LLC contract with City of La Crosse worth?
The Driftless Apartments LLC contract with City of La Crosse is valued at Reverse TIF: 85% of increased real property tax, e.g., $51,931.74 for 2025.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of La Crosse Redevelopment Authority Meeting Agenda July 2025 (Agenda), dated July 24, 2025 from City of La Crosse. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Driftless Apartments LLC hold?
Driftless Apartments LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of La Crosse currently buying?
Explore City of La Crosse's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.