Huntsville leaders have approved several major projects, including street upgrades near MidCity, affordable housing funding, and a new tax district, according to online reports.
$3.7M Street Project Near MidCity
The Huntsville City Council approved a $3.7 million contract to improve part of Old Monrovia Road. The project will cover the stretch from University Drive to Corporate Drive, just east of MidCity District.
Crews will add about 2,700 feet of upgrades along the corridor. These improvements include multiuse paths, landscaped islands, and new turn lanes. In addition, the project will bring heavy landscaping, irrigation systems, and decorative street lighting.
City leaders expect the upgrades to support continued growth in the MidCity area. Construction is set to begin next month. Officials aim to finish the project by November 2026.
Affordable Housing Development Moves Forward
In addition to road improvements, the Council approved a $2.3 million agreement to support a new affordable housing project.
The development, called New Stone Commons, will be built on Venona Avenue in northwest Huntsville.
The project will include 42 income-restricted apartment units. Developers plan to fund it in part through federal HOME-ARP funds. The total development cost is estimated at $15.9 million.
The city will partner with the developers to ensure the project meets all federal, state, and local requirements. As a result, officials hope to expand access to quality housing for lower-income residents.
City leaders say projects like this play an important role in meeting housing needs. They also help increase the supply of affordable rental units across Huntsville.
New Tax District Proposed for Growth
The Council also took steps to create a new tax increment financing district, known as TIF 9. The city uses these districts to fund public infrastructure tied to private development.
Officials plan to present a full improvement plan on May 14 during a public hearing. The proposed district would cover about 3,700 acres, mostly in the central business area.
City leaders say private investment downtown continues to grow. However, that growth increases demand on public infrastructure. Therefore, TIF districts help fund needed improvements such as roads, utilities, and public facilities.
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