Weirton, WV, considers new Tax Increment Financing districts to spur industrial development.

Weirton, West Virginia, is considering new Tax Increment Financing (TIF) districts to boost development in industrial areas, particularly in the Half Moon Industrial Park and north Weirton. The city council, led by the newly elected mayor and council members, will decide on the proposal. Weirton has a TIF district for the Three Springs Business Park, established in 2004, which has funded projects like park extensions and streetscapes, with about $1.1 million still available for future use.

November 16, 2024
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