PROJECTBUDGET PLANNING

Tax increment financing report reviewed

City of Minnetonka
Detected
Oct 26, 2026
8 days ago
Sector
Administration & Finance
Est. value
Free account
Detected 8 days agoOct 26

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From the meeting

The council received the 2026 Tax Increment Financing (TIF) Management Report covering active districts, decertification timing, and affordable-housing transfers. 381 million in the Affordable Housing Trust Fund as of Oct. 1, 2026 and recommended actions on Hedberg Soils, Applewood Pointe, Glenhaven, Marsh Run II, and Opus.

430 million in additional 2026 transfers before the special legislation expired. This is a forward-looking funding signal for housing, redevelopment, and financial advisory work.

Meeting date
October 26, 2026
Agency
City of Minnetonka

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