InvestAtlanta is pushing innovation in TIF through programs such as their Community Builders Pilot which aims to provide training and support to small developers as they lead revitalization projects throughout Atlanta. Join CDFA in Dallas, Texas during the 2018 National Development Finance Summit to hear panelists discuss the ever expanding application of TIF in Atlanta.

The Lincoln Institute of Land Policy and Professor David Merriman have developed five recommendations on ways to improve Tax Increment Financing (TIF) for economic development. Their guidance stems from case studies and a review of academic work on TIF theory, practice, and effectiveness.

The tax increment financing (TIF) district on Charleston's historic square has served the city well as one of the major restorative initiatives in Charleston, and it continues to do so. The project started in the late '80s in an efforts to spark interest from business owners to revitalize the city's historical square and has since been extended.

Members of the Quincy City Council approved the expenditure from tax increment finance district funds that are collected in the downtown area and must be spent there. In the first three years of the rental rehab program, the TIF District provided $330,000 and had private investments of about $500,000 in 15 upper story apartments downtown.

A new business park, along with a new tax-incremental-financing district, has been proposed to include industrial, commercial and residential uses. The city's plan commission unanimously recommended hat the common council allow both the creation of the 145-acre TIF District No. 6 along and a proposed project from Bear Development.

The Midcoast Regional Redevelopment Authority is set to spend up to $807,450.29 in tax increment financing funding on public infrastructure projects in the 2019. Street lights, a new connector road and pavement resurfacing are just a few of the projects on deck. The spending comes under a tax increment financing agreement that the town and redevelopment authority entered in 2013.

TIF districts are being used successfully across the state to finance and develop public and private projects intended to grow the state's economy. The Daily Mail WV feature by Gazette-Mail business writer Max Garland explains in relatively simple terms a much more complex subject: tax increment financing districts.

The Omaha City Council signed off on more than $14 million in property tax incentives for six projects, including those to restore condos near M's Pub and to bring the Blackstone Hotel to new life. Supporters said tax increment financing, or TIF, is needed to bring the projects, all in eastern Omaha, to fruition.

City council members approved the ballpark development during the weekly meeting. The plan includes a stadium of up to $75 million and a pedestrian bridge, similar to the one at the Keeper of the Plains, which will cost $6 million. The new stadium will be paid for by STAR bonds, a tax increment finance (TIF) district, a community improvement district (CID) and bonds.

The Michels Corp.'s $100 million redevelopment of the six-acre site continues to move forward. The Redevelopment Authority of the City of Milwaukee board unanimously advanced a plan to provide $8.1 million in financing to the project's $49 million first phase. The phased project is intended to include a mix of office buildings, apartments, a hotel and commercial space.

CDFA Federal Financing Webinar Series
February 28, April 12, June 14, August 16, and October 18, 2018 - 2:00PM Eastern

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