This report evaluates Kansas' STAR bonds financing program’s economic and fiscal impact by answering two questions: 1) Do current STAR bond attractions satisfy the Department of Commerce’s tourism-related goals; and 2) How long will it take the...

During this installment of the CDFA-PFM Capital Markets Webinar Series, project finance experts and issuers discussed the viability of how private activity bond deals can fit into complex capital stacks.

A STAR Bond is a tax increment financing program which allows city governments in Kansas to issue special revenue bonds that are repaid by all of the revenues received by the city or county from incremental increases in taxes within the designated...

TIF is perennially one of the nation’s most effective and popular development finance tools, but also one of its most misunderstood and controversial. The types of projects that TIF supports in Michigan is diverse, making TIF a very flexible...

This quick hand out from the Port of Greater Cincinnati Development Authority gives an overview of tax increment financing and special assessment bonds along with the role the Port Authority can have in the processes of issuing bonds.

Strafford's shows special districts can provide a win-win-win situation for the local jurisdiction, the developer, and the ultimate owners of the benefited properties. Lending institutions, which advance credit to borrowers on properties located in...

This official statement for the Southeast Overtown/Park West Community Redevelopment Agency Tax Increment Revenue bonds provides a wealth of information on the TIF and bond structure for the BBB+ rated, $55.9M project.

This official statement for the Southeast Overtown/Park West Community Redevelopment Agency Tax Increment Revenue bonds provides a wealth of information on the TIF and bond structure for the BBB+ rated, $55.9M project.

Scott Shearer with Public Financial Management describes Pennsylvania's unique targeted redevelopment tools, their structuring, benefits, and differences from one another.

Jeff Mills with Reed Smith describes the benefits and use of TIF, prerequisites, development impacts, and considerations for municipalities.

PGAV Planners produced this concise case study highlighting the Arnold Commons project in Arnold, Missouri. PGAV shares project details primarily focused on the tax increment financing elements of the project.

Toby Rittner with CDFA breaks down tax increment financing (TIF), the process of creating TIF districts, special assessments and districts, the tool's ability to catalyze investment, best practices when implementing TIF, and much more.

During this dual-state webcast, Georgia’s Tax Allocation Districts (TAD) and Texas’ Tax Increment Reinvestment Zones (TIRZ) were compared side-by-side with examples that helped shed light on the effectiveness of each policy. Which tax increment...

The Industrial Development Board of the County of Knox, Tennessee created this flow chart to help interested parties better understand the process of creating a TIF agreement.

This methodology from Moody's describes the ratings agency's approach to evaluating the credit of Special Tax Bonds.

This example of a TID economic feasibility study provides project background and study approach, business park market analysis, retail market analysis, residential market analysis, and TID revenues and bond capacity for a proposed district within...

During this installment of the CDFA-Stifel Nicolaus Innovative Deals Webcast Series, we featured the latest in downtown retail development. Speakers highlighted two recent projects that have served as catalysts for downtown renewal and discussed how...

During this installment of the CDFA-Stifel Nicolaus Innovative Deals Webcast Series, we featured the latest in downtown retail development. Ketan Gada from the District of Columbia and Ken Krombeen and Tammy Hopman from the City of Grandville, MI...

As featured in the Federal Reserve Bank of San Francisco's Community Development Investment Review: Pay for Success Financing, CDFA President Toby Rittner provides a basic understanding of Tax Increment Finance and what makes TIF so successful....

In this presentation, the City of Austin provides an explanation of Tax Increment Financing (TIF), including its history, current usage, and state enabling legislation. This presentation also communicates recommendations, best practices, methods of...

Harbor Point is a new 3 million square-foot master-planned mixed-use community located on a waterfront site in Baltimore Maryland. The massive project will generate $920M of private investment from $106.9M of TIF bonds to finance necessary public...

Blake Sharpton of Peck, Shaffer & Williams LLP provides an overview of bonds, tax allocation districts (TADs), and special district finance. Sharpton also describes the importance of repayment revenue sources and the bond financing process.

James Snyder with Ice Miller presented tax increment financing programs and options to combine TIF with other public/private tools. Snyder emphasizes the importance of TIF in redevelopment and opportunities to transform communities. Furthermore,...

DC Surface Transit commissioned the Brookings Institution to conduct a preliminary assessment of the funding alternatives, beyond Federal and DC government financing, for a streetcar system. This report includes analysis and recommendations for...

NCSL and NAHB mutually identified 11 strategies that appear to provide the greatest opportunities for local governments to finance current and long-term infrastructure needs in a cost-effective manner. The 11 strategies are detailed in this report...

The National Associate of Home Builders published Innovative Infrastructure Solutions which examines the financially straining need for cities, towns and counties to expand and maintain infrastructure. This document demonstrates truly innovative...

This resource by Gary Jaeckel, a Municipal Management Consultant, covers the basics of TIF in Tennessee from historical uses to best practices and alternatives to TIF.

The Atlanta Development Authority provides this flow chart to define the process by which projects are selected for funding within a Tax Allocation District (TAD).

The CDFA Tax Increment Finance Resource Center is a one-stop hub for all of the resources, reports, headlines, and projects that CDFA collects and publishes related to tax increment finance (TIF). Find links to resource tags, market reports,...

Daniel Gangwish of Bank of America Merrill Lynch looks at how TIF bond issuance has changed since 2008 and factors to consider when evaluating a TIF bond deal.

This presentation by Greg Hummel covers a variety of tax increment finance topics, including: understanding your TIF state statute, TIF bond issuance and structure, and case studies.

Jim Snyder discusses tax increment finance bond issuance and structure in this presentation.

This presentation by Marc Hughes of Jefferies & Co. looks at issues to consider when issuing bonds with a Tax Increment Reinvestment Zone project in Texas.

Marc Hughes of Jefferies & Co. examines case studies of TIF projects in California and Georgia in this presentation.

The Advanced Tax Increment Finance Reference Guide is the latest offering of CDFA’s nationally acclaimed Development Finance Training Institute in partnership with the Council’s Tax Increment Finance Coalition. The Advanced TIF Guide builds upon...

Baker & Daniels LLP has published this article describing TIF in Indiana. It gives a step-by-step analysis of how to use and implement a TIF district. Bond issuance as part of a TIF deal is also addressed.

Jim Snyder, partner with Ice Miller LLP discusses TIF bond financing from the legal perspective. The presentation discusses the role bond counsel, the creation of a TIF district, redevelopment agreements and continuing discloser issues to consider.

Fran Busby, managing director at the Banc of America Securities LLC presents about the basics of TIF bond financing. The presentation discusses how TIF bonds are structured and sold as well as presents case study examples.

Sussan Corson, with Standard & Poor's, discusses tax increment finance bonds from the rating agency's prospective.

Greg Hummel, partner with Bell, Boyd & Lloyd LLP presents about how a TIF is created, what TIF funds can be used to finance and provides case study examples.

The Council of Development Finance Agencies (CDFA), Stifel Nicolaus & Company, Inc., and the International Council of Shopping Centers (ICSC) have collaborated with teams of Tax Increment Finance (TIF) experts from across the country to develop the...

Price Finley, President of Argus Growth Consultants, LLC talks about key elements to a TIF deal mainly the Development Agreement.

Marc Hughes of DEPFA First Albany Securities LLC discusses municipal bond basics, the use of TIF bond proceeds, how TIF bonds are sized and sold and other considerations prior to issuing debt.

Fran Busby presented to the Texas Economic Development Council about TIF Bond Structure and case studies of bond structuring options.

Drew Masterson outlines bond structure issuance in Texas and how it relates to TIF/TIRZs within the state.

This resources explains what TIF is and how it might be used in the state of Illinois as well as walks a reader through the TIF process.

TIF has become a mainstream economic development tool over the last several years. However, more recently a connection has been made between brownfields projects and TIF financing. This resources looks at both TIF and brownfields redevelopment,...

Branson Hills, Missouri is the home of a retail power center that includes Target and Home Depot. The creation of the shopping center was feasible using tax increment financing. TIF bonds financed a broad range of costs including land acquisition,...

The case study looks at how TIF was used to create a 512-single family homes in Malta, Illinois.

This case study looks at the city of South San Francisco and the issue of using TIF for redevelopment. The case study goes into detail about the bond and deal structure.