special improvement district

Isaac Kremer/ September 27, 2022/ / 0 comments

A funding source usually from an assessment on commercial property within a geographically-defined downtown improvement district. Authorized by state law and created locally by ordinance of municipal government. Supplements municipal services. Also known as SID or SIDs. (Kremer, 2022)

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About Isaac Kremer

IsaacKremer.com is the personal website of Isaac Kremer, MSARP, a nationally recognized leader in the Main Street Approach to commercial district revitalization with over 25 years of experience. Kremer, New Jersey's first certified Main Street America Revitalization Professional (MSARP), has served as founding executive director for organizations like Experience Princeton and the Metuchen Downtown Alliance, which won a Great American Main Street Award under his leadership. He recently became director of the Royal Oak Downtown Development Authority in Michigan.

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