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 ...
Supporters say the ballot measure would add transparency and give residents more control over how their tax dollars are used.
After a period of time – in Cleveland’s case, 30 years – the TIF district would expire, and the increased property taxes would start flowing back to their usual recipients, including the Cleveland ...
Cape Girardeau's Tax Increment Financing Commission established some rough guidelines Tuesday night on what could be paid for with TIF funds. Commissioner Al Stoverink came to the meeting with a list ...
The Chelan Douglas Regional Port Authority created a tax increment area (TIA) in Douglas County in 2024, and now is looking ...
Mitchell County Auditor Lowell Tesch has part of a bookshelf in his office dedicated to Tax Increment Financing-related projects. Each project has its own three-ring binder. And by his own account, ...
Fairmont’s Tax Increment Financing District is starting to pay off for residents, 10 years after its implementation in 2015. “We’re entering a phase where doing more projects are going to grow that ...
PROPERTIES IS NOTHING NEW HERE IN BALTIMORE. FOR DECADES, BALTIMORE HAS TRIED TO FIND WAYS TO REMOVE THE BLIGHT, ENTERS THE TIF PROGRAM. TIF STANDS FOR TAX INCREMENT FUNDING, AND THE PURPOSE IS TO ...
The City of Columbus has been working on Vitality Village, a workforce housing project along Eighth Street that will include ...
State Senator Taffy Howard says she is planning to take legislative action on TIF districts this upcoming session. Howard ...
12 MONTHS FROM NOW, THIS BLOCK HERE IN BROADWAY EAST COULD LOOK TOTALLY DIFFERENT. A SMALL DEVELOPER WITH A PROGRAM CALLED WE RISE SAYS THE CITY’S AFFORDABLE HOUSING TIF PROGRAM COULD HELP HIM ...
The TIF would pay data center developer and operator Vantage $458 million for infrastructure improvements, interest, ...