Hot Springs council approves Cascade Hills PUD and a tax-increment financing district for 51-home subdivision The council approved zoning and a TIF for the Cascade Hills subdivision, a roughly 10-acre project of about 51 lots intended to spur workforce housing. Developers and hospital officials said the project poses no financial liability for the city; the TIF is estimated at $2,698,000 and tied to a 15-year repayment horizon.

The Hot Springs City Council has greenlit a groundbreaking workforce housing project that promises to bring 51 new homes to the community without financial risk to taxpayers!

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