Tax Increment Financing

When governments use public money to woo national chains, economic growth and job creation aren't worth the cost, says Stacy Mitchell of the Institute for Local Self-Reliance. Independent retailers also suffer.

As redevelopment agencies face the chopping block in California, new legislation could allow tax increment financing districts to essentially replace them.

It's at Albuquerque's edge, it's the size of Manhattan, and it's happening, despite drought, recession and tightening state budgets. An annotation of Mesa del Sol's master plan explains how and why.

Five years ago, two developers got approval for tax-increment financing (TIF) projects in St. Joseph, Missouri. One was a success, the other a failure. What happened?

A judge ruled that the state of California is allowed to pluck $2 billion out of local redevelopment tax increment funds. Redevelopment agencies ponder near-shutdown of new projects.

In Kansas City, many tax increment financing zones are simply luring existing business to move and creating new sprawling development.