Tax Increment Financing

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.
2 days ago   Detroit Free Press
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.
Mar 12, 2015   The Oregonian
Scott Beyer details the old real estate wisdom of "retail follows rooftops," especially as evidenced by cities like Cleveland in recent years.
Feb 1, 2015   Governing
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.
Jan 22, 2015   Los Angeles Times
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.
Oct 15, 2014   The Planning Report
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.
Sep 10, 2014   Pittsburgh Post-Gazette
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.
Aug 26, 2014   Chicago Tribune
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.
Jul 24, 2014   Deadspin
House Bill 1375 in Colorado would rewrite the rules of tax increment finance—sending more money to counties, which hope to gain more funding to provide for services. The bill awaits the signature (or veto) of Governor John Hickenlooper.
May 19, 2014   The Aurora Sentinel
Chicago is America's undisputed leader in using tax increment financing (TIF) to spur economic development. But what is the city getting in exchange for its efforts to fight blight? A new paper says: Not much.
Nov 15, 2013   Chicago Magazine
Aaron Renn asserts that Chicago mayor Rahm Emmanuel's misuse of tax-increment financing dollars is hurting the city's poor.
Oct 18, 2013   City Journal