You are probably wondering what a Downtown Development Authority (DDA) is and what does it do? We hope to give you a better understanding of why we have a DDA and what the benefits are for the Village
Our Downtown Development Authority was established in April 2004. By establishing a DDA it entitles the Village to a portion (called capturing) of taxes that are already being paid. There are no additional taxes paid to cover the amount that goes to the DDA. The money is “captured” from Forest and Marathon Townships, Genesee and Lapeer Counties as well as the Village. This money can then be used by our DDA to make upgrades to the area established as our “downtown”. When our DDA was established we included the entire Village as our “downtown” enabling us to make upgrades and spend the DDA money anywhere within the Village.
Projects & Support Funded by the Village of Otter Lake DDA