DDA Updates: 2026 Ballot Push for New TIF Plan, Downtown Events
By Beth Milligan | Dec. 22, 2025
In addition to a closed-door session to discuss the results of a recent audit, Traverse City Downtown Development Authority (DDA) board members Friday agreed to pursue putting a new tax increment finance (TIF) plan on the ballot in 2026. The board also heard updates on several downtown events.
Moving Downtown Forward TIF Plan
With a 2027 expiration looming for TIF 97 – one of two TIF plans that help fund most downtown programs and projects, along with Old Town TIF – DDA leaders will kick off a process in January to prepare a new TIF plan to go to voters in November.
Board members voted Friday to establish a …
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