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CDFA Tax Increment Finance Update - November 8, 2016

Tax Increment Finance Update
November 8, 2016
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Tax Increment Finance Update

Features

FAQs on California's TIF Tools
CALED created this TIF FAQ Guide to help answer some of the most common questions about California's new TIF tools.

Questions Surround Shipyard, Stadium Financing
Green Bay officials have high hopes that a $13.5 million entertainment district proposed just south of downtown could launch a new wave of redevelopment in one of the area's most derelict neighborhoods.

Redevelopment to Continue in Union, NY's Special Improvement District
"When residents pushed for redevelopment in Union's Special Improvement District, Township Administrators listened," began a press release from Union's Public Information office on Friday.

Error Sends $1.8B Overland Park Project Back to Square One for Incentives
That lack of notification has rendered ordinances creating two districts invalid and sends the developer back to square one in seeking incentives for the nearly 5 million-square-foot redevelopment.

KY Returning $2.5 million for TIF District Projects
The Warren County Downtown Economic Development Authority approved a state disbursement for $2.5 million for projects in the Western Kentucky University Gateway to Downtown Bowling Green TIF District.

TIF Dollars Used to Remove St. Paul's 'Skyway to Nowhere'
The so-called "skyway to nowhere" has hung above pedestrians, unused, on Wabasha Street for more than a decade. Community groups, frustrated by the eyesore, have pushed for its removal. Their wish will finally be answered.

Alberta Bair Project Backers Seek $5M from Downtown TIF District
Backers of the proposed $10.5 million expansion of the Alberta Bair Theater will ask the Downtown Billings Partnership to pay for almost half the project with tax increment financing.

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Tax Increment Finance News

Cortex Could Tap $20 Million in Assistance for $170 Million Next Phase
STL Today | Nov. 4 | Tax Increment Finance (TIF)

St. Louis' Cortex Seeks $20M TIF
St. Louis Post-Dispatch | Nov. 3 | Tax Increment Finance (TIF)

St. Louis Commission Backs 19.4M TIF for Foundry, Not Abatements
St. Louis Post-Dispatch | Nov. 3 | Economic Development | Tax Increment Finance (TIF)

Stockyards TIF Board Asking Fort Worth for $7.9M Advance
Star-Telegram | Nov. 3 | Redevelopment | Tax Increment Finance (TIF)

New TIRZ Could Bring In $100M in Amarillo
My High Plains | Nov. 3 | Tax Increment Finance (TIF)

Owensboro Commission OKs $15.8M for Parking Garage
Messenger-Inquirer | Nov. 2 | Infrastructure Finance | Tax Increment Finance (TIF)

City of Topeka Would Incur no Financial Risk Under TIF District Proposal
The Topeka Capital-Journal | Oct. 31 | Tax Increment Finance (TIF)

Windsor Locks Endorses a TIF District
Journal Inquirer | Oct. 28 | Tax Increment Finance (TIF)

Taxes Will Help Cardinals Cover Ballpark Village Expansion
St. Louis Post-Dispatch | Oct. 27 | Incentives | Special Assessment Districts | 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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