A decision by the Ohio Supreme Court addressed whether a municipality can retroactively reinstate an expired TIF exemption by amending the legislation that authorized the original exemption. The case arose from a TIF ordinance passed by the Village of Obetz in 1997, which enacted a TIF arrangement related to the development of a warehouse located in the Village.

The Intro Bond Finance WebCourse addresses the basic requirements for issuing a bond, the rules and regulations that govern tax-exempt and taxable bonds, the major players involved in a bond transaction, and the roles and responsibilities of both public and private sector participants. Plus, attendees will learn about different structures of bonds such as TIF bonds.

Geneva aldermen approved two tax increment finance redevelopment agreements Monday -- one for $93,520 and another for $102,770 -- at a special city council meeting. The TIF is set to expire in 2023. Funds will come from the Geneva Fox River TIF created in 2016, according to the agreement.

Affordable housing projects in Winona, MN received approval from the Port Authority on June 10th, 2021. MWF Properties of Minneapolis, Minn., proposed to build a four-story $15.8-million housing development consisting of 60 apartments, ranging from efficiencies to three-bedroom units and intended for lower-income residents.

A proposal is underway to convert Continental Mill in Lewiston into a 72-unit, mixed-income housing development. The Lewiston City Council on Tuesday approved a tax increment financing district that would allow the developer to use a portion of the property tax to service project debt. The development would create 46 units of workforce housing and 26 units of market-rate housing.

The City of Athens, AL will now see its third Tax Increment Financing (TIF) district after a vote during Monday's meeting of the City Council. The Council members voted unanimously to turn the area from south of Bojangles on U.S. 72 and north of Athens-Limestone Drive on the other side of the highway all the way to Forrest Street into a TIF district.

West Chester Twp. cut the ribbon on the unique diverging diamond interchange on Union Centre Boulevard and Interstate 75 a year ago and this week the trustees added the finishing touch approving $2.7 million for landscaping. The township originally paid $6 million in TIF cash and financed the rest through TIF-backed bonds.

Indianapolis officials are in negotiations with multiple developers seeking incentives generated by tax-increment financing districts. The Indianapolis-based TWG Development's $58 million Rise on Meridian project on the near-south side is expected to receive $6.5 million in developer-backed TIF bonds after it committed to the city's 30% affordability threshold.

CDFA // BNY Mellon Development Finance Webcast Series: How Healthcare is Investing in Communities
Tuesday, July 20, 2021 - 2:00 PM - 3:00 PM Eastern

CDFA-Bricker PACE Webinar Series: Advancing Multi-Family Housing & Renewable Energy Goals with PACE
Tuesday, July 27, 2021 - 2:00 PM - 4:00 PM Eastern

>>> VIEW THE TIF RESOURCE CENTER   

Recognizing the urgency of the pandemic and related crises, on June 7, 2021, the Federal Reserve Bank of New York approached the U.S. Impact Investing Alliance to write a report about the current landscape of capital sources for community investment and how emerging capital sources and strategies could help shape the future of the field.

>>> EXPLORE TIF RESOURCE CENTER