Berrien County officials have approved a new Tax Increment Finance (TIF) district to support a housing development in Watervliet.
Berrien County Community Development Director Dan Fette said the plan will enable redevelopment of a 7.5-acre parcel (east of the intersection of M140 and Red Arrow Highway north of the hospital) for 19 single-family homes, including four units reserved as income-restricted rentals for households at or below 120% of area median income for 10 years. The remaining 15 homes will be available at market rate. Estimated total investment is $12.6 million, with construction expected to start this fall and completion anticipated by fall 2027.
The development is proposed by Allen Edwin Homes, headquartered in Portage, Michigan. Approved tax increment financing districts