Tax Increment Financing

Transit Oriented Development

Op-Ed Supports Value Capture-Enabled Transit Investments

Two USC professors argue that Los Angeles would be better served if Metro could recapture some of its investment in the county's expanding rail system.

May 31, 2016 - Los Angeles Times

Los Angeles Downtown River

'Economic Development 2.0': California’s Enhanced Infrastructure Financing Districts

Since the dissolution of California's redevelopment agencies, the state has been fine-tuning a new and improved economic development tool: Enhanced Infrastructure Financing Districts.

May 2, 2016 - The Planning Report

Philadelphia Italian market

The Great Debate: How to Attract Investment in Neglected Urban Areas

With the key assumption that more of Philadelphia needs to see the benefits of the recent wave of investment that has come to the city's urban core, politicians at varying levels of government are considering multiple policy options.

March 30, 2016 - Philadelphia

Hudson Yards Subway Station

New York's First New Subway Station In 25 Years Opens Sunday

On Sept. 13, the Hudson Yards Subway Station, the new Manhattan terminal for the #7 line that terminates in Flushing, Queens, will open with a grand ribbon-cutting ceremony considering the $2.4 billion cost for the one mile extension.

September 12, 2015 - The New York Times

TIF Shifts to the Suburbs in Minnesota

A common and sometimes controversial funding mechanism is growing in popularity in suburban Minnesota, even as its use in the urban core decreases.

August 17, 2015 - Minneapolis Star Tribune

More Colorado Cities Resisting Urban Renewal Authority

The Denver Post reports on a growing backlash against urban renewal authority in Colorado.

July 21, 2015 - The Denver Post

Mayor Emanuel Would Freeze TIF Districts in Downtown Chicago

Mayor Rahm Emanuel proposed a plan that would save $250 million for schools and city operations at the cost of one of the city's most powerful funding mechanisms.

July 16, 2015 - Chicago Sun-Times

Proposed Atlanta BeltLine Budget Jumps 27 Percent

The improving economy will allow planners and city officials to expand work on the Atlanta BeltLine.

May 26, 2015 - SaportaReport

The Massive Redevelopment Plans for North St. Louis Failed—What Next?

Detroit has Dan Gilbert, and for a few years, it looked like St. Louis had Paul McKee. Now that McKee's massive plans for the redevelopment of North St. Louis have failed expectations, what has been lost and what, potentially, can still be gained?

May 23, 2015 - St. Louis Business Journal

Cincinnati Moves Mountains for a New Corporate Campus

The $100 million investment by Medpace CEO Dr. August Troendle will add a new hotel in addition to office and commercial space to the neighborhood of Madisonville. The deal that enables the project involves a lot of moving parts.

May 13, 2015 - Cincinnati Enquirer

State Bill Would Add TIFs Along Transit Lines in Chicago

Expanded use of tax increment financing is on the table in Chicago—a city that invests less than its peers on building and running transit.

May 12, 2015 - Chi.Streetsblog

Mapping Chicago's 375 Tax Increment Financing Projects

A new mapping project allows new access to information about Chicago's controversial tax increment financing mechanism. Now at least the debate will include visuals.

May 6, 2015 - Curbed Chicago

Detroit Strikes Deal to Move Red Wings Stadium Forward

A plan to build a new, $450 million hockey arena along the Cass Avenue corridor near Downtown Detroit has already faced criticism for its generous public subsidies. The City Council recently made sure the public will get something in return.

May 1, 2015 - Detroit Free Press

Urban Renewal District Ready to Pay Off in Beaverton

An urban renewal district established in 2011 in the city of Beaverton, Oregon has so far fallen short of its 150-million potential. But as the local economy improves, so too does the tax increment and bond financing potential of the district.

March 12, 2015 - The Oregonian

SoHo Broadway

How Cities Can Help Retail Catch Up with Residential

Scott Beyer details the old real estate wisdom of "retail follows rooftops," especially as evidenced by cities like Cleveland in recent years.

February 1, 2015 - Governing

New 'Infrastructure Financing District' Proposed for Los Angeles River Improvements

Los Angeles officials are hoping to create an "Infrastructure Financing District" (i.e., tax increment financing) to help finance ambitious goals for revitalizing and restoring the Los Angeles River.

January 22, 2015 - Los Angeles Times

California Cities Still Navigating Redevelopment Dissolution

Two and a half years after California shuttered its redevelopment agencies, cities are still grappling with the repercussions—from resolving the legal obligations of CRAs to searching for alternative methods of revitalizing areas in need.

October 15, 2014 - The Planning Report

Pittsburgh Reaches Deal for 'Transformative' Redevelopment of Lower Hill District

The old Civic Arena site, formerly the home of the Pittsburgh Penguin NHL team, will be redeveloped with the help of the city's largest-ever tax increment financing district.

September 10, 2014 - Pittsburgh Post-Gazette

Op-Ed: Chicago's Washington Park a Perfect Fit for TIF

An op-ed in the Chicago Tribune addresses the long history of tax increment financing abuse in Chicago, but supports a proposed TIF district for Washington Park.

August 26, 2014 - Chicago Tribune

New Detroit Red Wings Arena: Plenty of Public Subsidies; Few Public Benefits

One writer takes issue with the city of Detroit's decision to subsidize a $450 million arena plan for the Detroit Red Wings. The Ilitch family, owners of the Detroit Tigers and the Detroit Red Wings, are worth $3.6 billion.

July 24, 2014 - Deadspin

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