Annual compliance review: Lofts on track; War Eagle tax guarantee to generate payments in 2026
July 23, 2026 | La Crosse, La Crosse County, Wisconsin
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The RDA received its annual development agreement compliance briefings for two River Point District projects.
"This project obviously is underway and is on track," Julie Emsley said of the Lofts project, and she added that the development must reach substantial completion by Aug. 31 to meet agreement benchmarks. Julie reported the Lofts are expected to have an assessed value of $6,200,000 in tax year 2027, which will begin cash grant payments under the TIF agreement.
Regarding War Eagle, Julie said the tax guarantee for that development is $10,800,000 by tax year 2026 and that the city will begin to see payments to distribute next year under the agreement. Julie noted MSP and Riverside Center remain under review for outstanding compliance items and will be returned to the RDA when finalized.
No action was required; the item was informational.
"This project obviously is underway and is on track," Julie Emsley said of the Lofts project, and she added that the development must reach substantial completion by Aug. 31 to meet agreement benchmarks. Julie reported the Lofts are expected to have an assessed value of $6,200,000 in tax year 2027, which will begin cash grant payments under the TIF agreement.
Regarding War Eagle, Julie said the tax guarantee for that development is $10,800,000 by tax year 2026 and that the city will begin to see payments to distribute next year under the agreement. Julie noted MSP and Riverside Center remain under review for outstanding compliance items and will be returned to the RDA when finalized.
No action was required; the item was informational.
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