Government has long used sundry tax breaks, in lieu of direct subsidies, to attract business or real estate developments to a particular locality. This also has been a perennial political issue ...

Norfolk’s tax increment financing advisory committee heard presentations regarding the use of TIF from city officials in ...

Another TIF example is the Castle Theater, 209 E. Washington St. The owner received about $390,000 in redevelopment money for a $1.2 million project to restore the theater.

For example, if a $100,000 property goes through a TID and becomes worth $1 million, the taxing entity would be paid as if it was still valued at $100,000. The leftover tax is used for paying off ...

The LaSalle/Central TIF District. There are many, many things wrong with Mayor Daley’s pet economic development tool, tax increment financing, but what tops my list is that while it’s intended ...

Tackling TIF takes tasking toughness. Even the very words “Tax increment financing,” (TIF), turns the tongue in twisted tangles like some Seussical tongue twister, and to the uninitiated it ...

One city councilor is leading the effort to dissolve one of this city's two Tax Increment Financing, or TIF, districts, ...

A recent TIF example in Philly is the redevelopment of The Gallery at Market East, now the Fashion District. The project was approved for a 20-year TIF district in 2015, saving the mall’s owners $55 ...

TIF can support new development to increase aggregate demand for goods and services. That demand creates more construction and retail jobs, and new housing and commercial space. It’s a powerful tool, ...

FARGO - The parking lot northwest of U.S. Bank in the bustling heart of downtown is one of the area's least-valuable pieces of land and probably has been that way since the early 1980s when old ...