Tax Increment Financing

Blog post
June 24, 2016, 6am PDT
A case study of Vallejo shows how the city is continuing revitalization efforts without the powerful tools provided by its former redevelopment agency.
Linda Day
May 31, 2016, 12pm PDT
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.
Los Angeles Times
May 2, 2016, 8am PDT
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.
The Planning Report
March 30, 2016, 7am PDT
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.
Philadelphia
September 12, 2015, 11am PDT
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.
The New York Times
August 17, 2015, 12pm PDT
A common and sometimes controversial funding mechanism is growing in popularity in suburban Minnesota, even as its use in the urban core decreases.
Minneapolis Star Tribune
July 21, 2015, 8am PDT
The Denver Post reports on a growing backlash against urban renewal authority in Colorado.
The Denver Post
July 16, 2015, 1pm PDT
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.
Chicago Sun-Times
May 26, 2015, 12pm PDT
The improving economy will allow planners and city officials to expand work on the Atlanta BeltLine.
SaportaReport
May 23, 2015, 5am PDT
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?
St. Louis Business Journal
May 13, 2015, 6am PDT
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.
Cincinnati Enquirer
May 12, 2015, 9am PDT
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.
Chi.Streetsblog
May 6, 2015, 8am PDT
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.
Curbed Chicago
May 1, 2015, 6am PDT
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.
Detroit Free Press
March 12, 2015, 1pm PDT
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.
The Oregonian
February 1, 2015, 9am PST
Scott Beyer details the old real estate wisdom of "retail follows rooftops," especially as evidenced by cities like Cleveland in recent years.
Governing
January 22, 2015, 12pm PST
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.
Los Angeles Times
October 15, 2014, 12pm PDT
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.
The Planning Report
September 10, 2014, 2pm PDT
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.
Pittsburgh Post-Gazette
August 26, 2014, 8am PDT
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.
Chicago Tribune