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GR Expands DDA
GRAND RAPIDS — City commissioners have agreed to add roughly 370 acres to the boundary of the Downtown Development Authority.
Their action last week marked the eighth time the DDA boundary has been expanded since 1980. The district now incorporates 677 acres, about 15 times the size of the original 46-acre boundary. Not all of the sections that were added are local tax-increment capturing districts, however. The DDA preferred to leave three areas open to brownfields.
Taxing jurisdictions in the district — such as Kent County, Grand Rapids Community College, the Grand Rapids library system and the Interurban Transit Partnership — have 60 days to decide whether or not to allow the DDA to capture a portion of their tax revenue in the new tax-capturing sectors.