Staff warns state tax/TIF changes will require analysis; some provisions may extend residential TIF terms Carmel redevelopment staff said recent state tax changes affecting TIF will require modeling; they reported both negative impacts for multifamily and for‑sale properties and one apparent benefit, that residential TIFs can last 25 years (up from 20) and are no longer limited by story count.

Carmel's redevelopment staff are sounding the alarm on new state tax changes that could shake up TIF financing, while also revealing a surprising benefit for residential projects.

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