Marquette Township approves a 10-year TIF to support a planned 48-unit housing development.
Marquette Township, August 23, 2025
At a special meeting the Marquette Township Board approved a 10-year Tax Increment Financing plan to support a proposed 48-unit housing development, moving the project closer to construction. The parcel is expected to transfer to a local homebuilder pending closing paperwork, and construction could occur over the next two years if county approval and additional funding align. Officials said the TIF will divert property tax revenue for roughly a decade to make the project viable amid rising construction costs. Supporters cite increased housing supply and affordability benefits; opponents cited concerns about lost tax revenue.
In a special Friday afternoon meeting, the Marquette Township Board approved a 10-year Tax Increment Financing (TIF) plan that moves forward a proposal to build 48 new housing units over the next two years. The decision removes a major procedural barrier and brings the development a step closer to construction, but county-level approval and additional agreements are still required.
The board authorized using a 10-year TIF structure for the site, which means the township will not collect the typical property tax revenue generated by the development for roughly a decade. Township leadership described the vote as difficult because it involves foregoing tax dollars that would otherwise flow into township coffers. The board indicated it must balance support for new housing with its responsibility to protect the township’s long-term financial resources.
The property and project have been under discussion for several years by multiple developers. Renovare, LLC engaged with the township earlier in the process, and the current developer involved is Wildflower Homes. Wildflower Homes indicated the purchase is scheduled to close in the beginning of September, at which point ownership will transfer to the company. Construction is planned to occur across the following two years.
While the township board approved the local TIF at its special meeting, that approval is not the final step. The TIF must be approved at the county level before it becomes effective. The developer also said they are hoping state housing funding from a program administered at the state level is finalized. Additional contractual details and agreements still need to be completed by the township in the coming weeks.
The county housing specialist described the financing approach as a useful tool to reduce upfront costs for builders and future owners. With escalating local construction costs, combining the TIF with other grants and incentives can help keep unit prices closer to achievable levels. Local officials characterized the prospect of adding 48 brand-new units in the county as a significant development for housing supply.
The new approval follows a separate episode in which an earlier workforce housing proposal stalled. For more than two years, the township board and Renovare, LLC discussed selling a five-acre parcel for a 48-unit workforce housing community. At one point Renovare proposed a much longer, 30-year TIF under which tax revenues from the development would have been applied toward the developer’s purchase payment rather than to the township for three decades. That raised concerns about committing future boards and residents to lost tax revenues.
At a regular Wednesday evening meeting during that earlier period, a 10-year TIF proposal tied to that plan was voted down, with five board members opposing and two in favor. The failure of that motion effectively paused the project at the time, and the township indicated the land could be put back on the market if another workable offer did not materialize.
Township leadership said the board had been very conflicted about surrendering tax dollars but felt a locally negotiated, shorter-term TIF could be acceptable if it balanced community needs and fiscal responsibility. Officials also noted several agreements still have to be finalized and that county approval remains necessary.
The current developer characterized the board’s vote as bringing the project closer to reality. They confirmed the expected early-September closing and reiterated that state housing funding remains important to the project’s financing plan. They also acknowledged that the TIF approval at the township level is a major milestone but not the final administrative step.
A live video recording of the special meeting was used in public coverage and may be made available as staff processes broadcast content. Local officials encouraged attention to forthcoming public documents and formal approvals as the project progresses.
The board approved a 10-year Tax Increment Financing plan tied to a proposed 48-unit housing development. This means tax revenue from the site would be directed in a specific way for about ten years to support the project.
The development is planned to contain 48 housing units, with construction expected to take place over roughly two years after closing.
Wildflower Homes is slated to take ownership at the anticipated closing in early September, contingent on final paperwork and funding.
No. The township board approved its portion of the TIF, but county-level approval is still required and other agreements must be finalized.
An earlier workforce housing plan discussed by the township and Renovare stalled after a vote on a different TIF proposal failed at a regular meeting. Concerns included the length of the proposed TIF and the percentage of units designated as workforce housing.
The TIF redirects tax revenue generated by the development for a period of time, which affects how that new revenue is allocated. It does not directly lower other residents’ existing tax rates, but it does mean the township will not collect those new taxes for the duration of the TIF.
| Feature | Details |
|---|---|
| Location | Marquette Township / Marquette Charter Township area |
| Board action | Approved a 10-year TIF at a special Friday afternoon meeting |
| Planned units | 48 housing units |
| Construction timeline | Planned over approximately two years after closing |
| Expected ownership | Wildflower Homes, pending early-September closing |
| Funding status | TIF approved at township level; county approval and state housing funding still pending |
| Previous proposal | Earlier discussions with Renovare included a 30-year TIF and a failed 10-year proposal where only 13 units would have been workforce housing |
| Local housing official | County housing specialist emphasized the value of financing and incentives to keep costs manageable |
| Next steps | Finalize township agreements, seek county approval, secure additional funding sources |
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