City Commissioners to Consider Eighth Street PILOT, Budget Approval, Paramedic Program
By Beth Milligan | May 18, 2026
Traverse City commissioners will tackle a busy agenda tonight (Monday) that includes potentially approving a tax break for workforce housing within the Commongrounds Cooperative building on Eighth Street, supporting a partnership between the Traverse City Fire Department and West Shore Community College for paramedic training, and approving the city’s 2026-27 budget, among other items.
PILOT/Eighth Street
Commissioners will consider approving a payment-in-lieu-of-taxes (PILOT) agreement with Nest Community Partners for 16 workforce apartments in the Commongrounds Cooperative building on Eighth Street (pictured). Instead of normal property taxes, a developer under a PILOT agreement pays a defined percentage of net shelter rents to the local municipality. The PILOT agreement remains in place …
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