Helm Place and East Village Estates TIF Financing
Summary
Two bond resolutions would authorize up to $1.2 million for Helm Place and $700,000 for East Village Estates infrastructure, paired with interlocal agreements with Hinds County. TIF bonds pay for improvements using the new tax revenue the projects generate.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed May 19, 2026.
Impact analysis
Up to $1.9 million in TIF bonds, repaid from the projects' incremental tax revenue rather than general city funds.
The two development projects and surrounding neighborhoods gaining infrastructure.
South Jackson residents say promised neighborhood improvements were never delivered.
Mentions & discussions (2)
City Council - May 19, 2026
Two bond resolutions would authorize up to $1.2 million for Helm Place and $700,000 for East Village Estates infrastructure, paired with interlocal agreements with Hinds County. TIF bonds pay for improvements using the new tax revenue the projects generate.
City Council - Mar 24, 2026
The council approved $1.2 million in TIF bonds to reimburse the Helm Place developer after a vote change, but Stokes said promised South Jackson improvements never happened. Three related items, including $700,000 for East Village Estates, were pulled so the developer can answer questions first.
Related development
East Village Estates Development Project TIF Bonds
The bond proceeds would fund infrastructure for the East Village Estates development, repaid through the project's incremental tax revenue.
Helm Place Development Project TIF Bonds
The bond proceeds would pay for infrastructure serving the Helm Place development, repaid through the project's incremental tax revenue.
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