Tax Increment Financing (TIF) is a public financial tool cities, towns, and counties use to stimulate development and redevelopment in specific areas. This mechanism allows for the reallocation of ...

Since the KFC Yum! Center has existed, there has been a Tax Increment Financing provision, or a TIF. This TIF allows state taxing bodies to work together to invest in an area's development or ...

LAKEWOOD, Ohio -- What’s billed as one of the biggest economic development projects in Lakewood’s history will also include the use of tax increment financing (TIF). CASTO Communities and North Pointe ...

Homewood officials have approved a new tax increment financing district that takes in property along the Halsted Street commercial corridor and includes the vacant Walmart property, empty for nearly ...

CHICAGO (WLS) -- Recent debate over how Chicago Public Schools should pay for it's pension debt and a new teachers contract has centered around the use of TIFs, or tax increment financing. Experts ...

Carpentersville has annexed 147.9 acres along the Randall and Huntley roads with an eye towards creating a new Tax Increment Financing district to spur development. Agreements for the most recent two ...

AVON, Ohio -- The city is moving forward with the establishment of a residential tax increment financing (TIF) district in a development near Nagel Road. The TIF district is a first for Mayor Bryan ...

FORT WAYNE, Ind. (WANE) — The Fort Wayne Redevelopment Commission gave its annual report of Tax Increment Financing Districts (TIFs), given every year in June. TIF is a tool used to redevelop ...

LEGISLATION COULD LOOK LIKE. WELL, AUBURN RESIDENTS WANT ANSWERS. AFTER THE STATE AUDITOR QUESTIONS THE CITY’S TIF PRACTICES. HE SAID EARLIER THIS WEEK THAT THE CITY OVER COLLECTED TIF MONEY AND ...

ROCHESTER — Potential tax-increment financing for a planned 340-unit Second Street Southwest apartment complex received guarded support Monday. “I’m a little worried that almost every project can say, ...

THANK YOU. LUKE. WELL, MAYOR JEAN STOTHERT AND STATE SENATOR MIKE MCDONNELL EXCHANGED LETTERS OVER THE USE OF TAX INCREMENT FINANCING. MCDONNELL IS SIDING WITH AUDITOR MIKE FOLEY’S RECENT LETTER ...