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Government has long used sundry tax breaks, in lieu of direct subsidies, to attract business or real estate developments to a particular locality. This also has been a perennial political issue ...
An east-side TIF created in 1995, for instance, is basically out of money. By comparison, the Fiatallis/Park South TIF had a balance of nearly $4.9 million at the end of the 2011 fiscal year on ...
One city councilor is leading the effort to dissolve one of this city's two Tax Increment Financing, or TIF, districts, ...
Another TIF example is the Castle Theater, 209 E. Washington St. The owner received about $390,000 in redevelopment money for a $1.2 million project to restore the theater.
Roldo: Bedrock TIF Latest Example of Cleveland Chasing the Shiny Object Cleveland will give $1 billion in subsidies to a billionaire and once again focus on downtown instead of neighborhoods ...
The Aurora City Council Tuesday night approved establishing the tax increment financing district for the Hollywood Casino-Aurora resort project. Aldermen voted 11-1 for three resolutions establishi… ...
TIF has been used in Edina since the early 1970s to deliver permanent benefits to the public that are superior to the minimum requirements established in our City Code.
Elgin awarded TIF money to a variety of projects this year and last, including $6.4 million to build an addition to The Hemmens Cultural Center, $2.6 million for the DuPage Court renovation and a ...
The massive redevelopment was awarded a $78 million TIF in 2008 but has posted mixed results since. Related Articles . Developer redesigns East Baltimore apartment project amid rising costs ...
CTU wants to redirect more than $1 billion in TIF money to CPS 02:03. CHICAGO (CBS) --The Chicago Teachers Union wants the city to take money used to entice developers and re-direct it to Chicago ...
The city council this week unanimously passed three ordinances to set up a new Tax Increment Financing (TIF) District in East Peoria, north of Interstate 74 and along IL-116 up to Access Road 4.
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