Bloomington Standardized Housing Incentive Program
Bloomington offers standardized incentives for qualifying housing and mixed-use development projects through May 31, 2028.
About this program
The Standardized Housing Incentive Program offers predictable local incentives to encourage qualifying housing, affordable housing, workforce housing, missing middle, multifamily, subdivision, single-family, tax credit, and adaptive reuse projects in Bloomington. Available incentives may include City fee reductions, TIF benefits for eligible projects in TIF districts, density bonuses, property tax freezes, and commercial tax rebates for qualifying mixed-use projects, subject to project type and City approval.
Eligibility
Developers, property owners, and businesses advancing qualifying residential or mixed-use projects in Bloomington may apply during the program period ending May 31, 2028.
Requirements
- Project must be located in Bloomington.
- Project must qualify as an eligible housing or mixed-use project under the City's standardized housing incentive policies.
- Construction must commence before May 31, 2028 to qualify for base fee reductions.