Thursday, September 1 | 2:00 - 3:30pm Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss tax increment financing and how it can be used to compliment the redevelopment and cleanup of your brownfield project.

According to The Telegraph, Hartford officials are taking a hard look at creating a tax increment financing district encompassing the former Chemetco site, an EPA Superfund site located on Illinois Route 3.

As reported by the Southern Illinoisan, The City of Marion, IL has about $7.5 million in funds to spend on infrastructure improvements due to tax increment financing districts.

The $5 million roadway project was fully funded by an increase in revenue generated by private investments within the district, reports the Union Leader. The TIF has increased the assessed value in that area from $112.5 million to $126.5 million in recent years.

According to The Commercial Appeal, The University Neighborhood Development Corp.in Memphis, TN proposes to include 601 tax parcels on or near Highland between Poplar and Park in a University District-Highland Row tax increment-financing district.

A portion of property along the Missouri River and West Bank Park has sat vacant for years and now a group of developers are moving forward with plans to turn it into a hotel, restaurants and office space. The City Commission approved an application to be reimbursed for up to $2.6 million in eligible tax increment financing funds, reports Great Falls Tribune.

The Fremont Tribune completes its three part series on tax increment financing with a look at TIF oversight, the blight question and impacts on public schools.

A Kansas City group is attempting to collect the 1,700 signatures needed to force a public vote on its proposed reform ordinance, reports Kansas City Business Journal. The ordinance would limit property tax abatements and property tax diversions via tax-increment financing to 50 percent for all Kansas City projects for which incentives are being considered.

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