NATIONAL
Home foreclosures are at record lows
Axios Markets
Two months after the federal foreclosure moratorium ended, foreclosure activity in the U.S. is at a record low.
ILLINOIS
Chicago pols approve $23M property tax hike amid pushback
The Real Deal
A mixed vote by the city council approved Mayor Lori Lightfoot's $16.7 billion budget, including a $23 million property tax hike, according to the Chicago Tribune.
INDIANA
Tax Court affirms Kohls' reduction on property assessments
The Indiana Lawyer
A Kohl's department store will be allowed to keep the markdown on its property taxes after the Indiana Tax Court ruled the Marion County Assessor failed to present a convincing argument or evidence...
TENNESSEE
Faurecia to create 170 new jobs with $18M investment in Spring Hill facility
Spring Hill Home Page
The auto parts manufacturing giant Faurecia announced on Wednesday an additional $18 million investment into its facility in Spring Hill, one that will expand the facility by nearly 100,000 square feet and create 171 new jobs.
TEXAS
Dallas OKs a $2 million tax break for Kroger's grocery and apartment development in Uptown
The Dallas Morning News
The Dallas City Council approved a 10-year, $2 million tax break for Kroger on Wednesday to build a new grocery store with apartments above it, including 75 affordable units.
WISCONSIN
Walmart sues Burlington in effort to lower its property tax bill using 'dark store' loophole
The Journal Times
Walmart is fighting to cut the taxable value of its Burlington store nearly in half, in the latest incident of “dark store” taxation, an issue that has divided state lawmakers in Madison.
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