Village approves $12,500 TIF relocation grant to help TLD Design Studios stay in Westmont
September 04, 2026 | Westmont, DuPage County, Illinois
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Trustees approved a commercial TIF relocation grant not to exceed $12,500 to assist TLD Design Studios with relocation costs in Westmont.
Assistant Manager Parker described the program as a continuation of a policy discussed at the previous meeting to help businesses displaced by Tax Increment Financing redevelopment relocate within the village. “This will allow them to find and solidify their location once they know that they’ve got this kind of assistance,” Parker said.
Trustees praised the program as a local economic-development tool. The motion to approve the grant passed unanimously by roll call.
Assistant Manager Parker described the program as a continuation of a policy discussed at the previous meeting to help businesses displaced by Tax Increment Financing redevelopment relocate within the village. “This will allow them to find and solidify their location once they know that they’ve got this kind of assistance,” Parker said.
Trustees praised the program as a local economic-development tool. The motion to approve the grant passed unanimously by roll call.
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