Purpose and Governance
The Traverse City Downtown Development Authority was created in 1978 to halt property value deterioration and to increase property valuation where possible in the business district of the City; and to eliminate the causes of deterioration and to promote economic growth. The DDA was created under Michigan Public Act 197 of 1975.
The DDA is governed by a 12-member Board appointed by the Mayor with concurrence by the City Commission. Click here for a list. The meetings take place at the Governmental Center, 400 Boardman, Traverse City, MI 49684. Click here for the 2013 meeting schedule.
The DDA operates under three budgets: an operational budget and separate budgets for the two development districts. DDA operations are funded out of the DDA's general fund, whereas public capital improvements are funded out of the TIF 2 fund and TIF 97 fund. Learn more about the TIF Districts here.