Originally meant to address historically Black neighborhoods when it was filed last spring, the legislation was amended to take in all of Metro Louisville.
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Backers of the tax increment financing plan say it’s a way to use an established economic development tool. But some economists, TIF scholars and land-use experts caution that its massive size and novel structure could create difficulties or unintended consequences in the future.
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Signed grant documents obtained under Kentucky’s open records law raise questions about whether they must changed in order to release state funds by an end-of-month deadline.