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CDFA Tax Increment Finance Update - September 13, 2016

Tax Increment Finance Update
September 13, 2016
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Tax Increment Finance Update

Features

AZ Mayors Make Push for TIF Development Tax Incentives
Arizona mayors and economic developers are making a renewed push to allow for tax increment financing incentives for real estate developments and other projects.

1889 Institute Releases New Report on TIF
The 1889 Institute recently published a paper concluding the that when it comes to TIFs, Oklahoma desperately needs greater transparency, stricter limits on how funding can be spent, and more strictly limited lifetimes and revenue sources, along other reforms mentioned in this paper.

Strategic TIF Structuring for Brownfield Redevelopment - Listen & Learn
Learn how to structure a TIF that eases the financial pressure on your brownfield project and how communities can blend the use of TIF with other financing tools to help bring your brownfields back into productive use.

Baltimore Project Would Include Largest TIF District in City History
The proposed $6.9 billion Port Covington development project in Baltimore would include the largest tax increment financing district in the city's history and would be financed in part with $660 million of bonds backed by the increased property tax revenues.

Where — And How Much — Louisville Is Helping Fund Private Projects
This map from a local radio station shows the location and incentive amount of each TIF agreement in place in Louisville. At present, there are 19 tax increment financing agreements throughout Louisville, totaling nearly $2.5 billion in developer incentives.

Creating a TIF District: the Early Stages of the Economic Incentive
The Southern Illinoisan explains the process of setting up a TIF district, from explaining the conditions that qualify an area as a TIF district through passing of a TIF ordinance.

Upcoming Events
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Tax Increment Finance News

New TIF District Will Support St. Cloud Arctic Cat Expansion
SCTimes | Sep. 13 | Tax Increment Finance (TIF)

Taxpayers May Not Be Protected in Sale of AZ DBacks Ballpark
Phoenix Business Journal | Sep. 12 | Economic Development | Incentives | Tax Increment Finance (TIF)

Tecumseh Guards Against Brownfield Project Default
GateHouse Media | Sep. 12 | Brownfield Financing | Tax Increment Finance (TIF)

Springfield Considering New TIF District for Peoria Road
GateHouse Media | Sep. 12 | Infrastructure Finance | Tax Increment Finance (TIF)

Washington City Council Endorses New TIF Proposal
The Missourian Publishing Company | Sep. 12 | Infrastructure Finance | Tax Increment Finance (TIF)

Produce Terminal Developer Eyes More Strip District Property
Post-Gazette | Sep. 9 | Infrastructure Finance | Tax Increment Finance (TIF)

Creation of TIF District in Oswego Receives Unanimous Support of Trustees
WSPY News | Sep. 9 | Tax Increment Finance (TIF)

Public Hearing Set on TIF District
Enid News | Sep. 9 | Tax Increment Finance (TIF)

InterContinental Kansas City Files Petition to Establish a Community Improvement District
WDAF | Sep. 9 | Infrastructure Finance | Tax Increment Finance (TIF)

Harlingen, TX, to Use TIF to Finance Land for Convention Center
Valley Morning Star | Sep. 9 | Economic Development | Infrastructure Finance | Tax Increment Finance (TIF) | Urban Development

Wilton Schedules Special Meeting on Tax Deals
MaineToday Media | Sep. 9 | Tax Increment Finance (TIF)

Planning Board Advances TIF Proposal for HDR Headquarters
Omaha World-Herald | Sep. 9 | Tax Increment Finance (TIF)

Public Can Weigh In On East Verleen TIF
The Waunakee Tribune | Sep. 9 | Infrastructure Finance | Tax Increment Finance (TIF)

U of M Trying to Capitalize on Highland Development
American City Business Journals | Sep. 9 | Infrastructure Finance | Tax Increment Finance (TIF)

TIF Bond Issues Last Year Hit Highest Level Since 2006
The Wall Street Journal | Sep. 8 | Bond Finance | Tax Increment Finance (TIF)

Washington MO Council to Consider New TIF Project
The Missourian | Sep. 8 | Economic Development | Tax Increment Finance (TIF)

Gateway to Redevelopment Still Open with TIF
The News-Gazette | Sep. 7 | Tax Increment Finance (TIF)

Monmouth Voters to Consider Expanding Downtown Tax District by Nearly 100 Acres
MaineToday Media | Sep. 7 | Tax Increment Finance (TIF)

HDR Might Get $15M Assist from City for Its New Home Base
Omaha World-Herald | Sep. 7 | Tax Increment Finance (TIF)

Groups Reject Port Covington Developer's Final Offer, Calling It "Empty"
Baltimore Brew | Sep. 7 | Tax Credits | Tax Increment Finance (TIF)

First Step Approved Toward Hedde Building Renovation
BH Media Group | Sep. 2 | Tax Increment Finance (TIF)

Dallas' Statler Hotel Sells City's Incentives in Unheard of Bond Offering
The Dallas Morning News | Sep. 2 | Tax Increment Finance (TIF)

Anaconda's Downtown URA Ready to Fund Projects
The Montana Standard | Sep. 2 | Tax Increment Finance (TIF)

Marengo Looks to I-90 Interchange for New Economic Development
Northwest Herald | Aug. 31 | Economic Development | Infrastructure Finance | Tax Increment Finance (TIF)

Assessment Appeal Spells Less Money for Delphi , IN TIF
Carroll County Comet | Aug. 31 | Tax Increment Finance (TIF)

Port Covington TIF Work Session Postponed Amid Negotiations
American City Business Journals | Aug. 31 | Tax Increment Finance (TIF)

Sturtevant Hosting Celebration for TID Closing, Lower Taxes
Racine County Eye | Aug. 31 | Tax Increment Finance (TIF)

Fort Wayne Mayor: TIF Is a Key Tool in Moving FW Forward
Waynedale News | Aug. 31 | Tax Increment Finance (TIF)

Rome City Expecting 3 Tax Deferment Requests
Rome News-Tribune | Aug. 30 | Tax Increment Finance (TIF)



The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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