Gridley, IL Development/TIF Information

Development/TIF Information


The Village created a Tax Increment Finance District (TIF) on October 3, 2011, which is currently scheduled to end December 31, 2035.  Contact the Village of Gridley for more information.


TIF Frequently Asked Questions

Download TIF PDF

Residential Lots Available in Miller’s Rolling Acres First Addition

The Village of Gridley, Illinois is requesting proposals from qualified buyers interested in acquiring a vacant Village-owned residential lot and constructing thereon a new single-family, owner-occupied house within Miller’s Rolling Acres First Addition. All qualified buyers are invited to submit proposals and offers to buy said Lots in accordance with the requirements described in the Request for Proposals (“RFP”), a copy of which can be found by clicking HERE, or by contacting Jeffry Benedict, President, Village of Gridley (Email: [email protected]; Ph: (309) 747-3299).

Selected proposals will not be based solely on the purchase price. The Village will review all aspects of each proposal and accept offers which comply with the Illinois Tax Increment Allocation Redevelopment Act (65 ILCS 5/11-74.4 et. seq.) and are in furtherance of the goals and objectives of the Gridley TIF District Redevelopment Plan. For lots upon which a new single-family, owner-occupied home is constructed in compliance with all applicable Village codes, ordinances and covenants, and is occupied within eighteen (18) months of the purchase of the lot from the Village, the Village of Gridley will reimburse the new homeowner a single, lump-sum cash rebate of Six Thousand and 00/100 Dollars ($6,000.00) per a separate TIF redevelopment agreement within sixty (60) days of occupancy.

Proposals are due by 12:30 p.m. CST on July 15, 2024 and may be delivered on or before that date to Gridley Village Hall, 117 E. 3rd Street, P.O. Box 168, Gridley, IL 61744. Village Hall office hours are M-F, 8:30 a.m. to 12:30 p.m.