Tax Increment Financing

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

Colorado Legislators Pass Bill to Reform Tax Increment Finance Districts

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

New Study Calls Into Question Chicago's Extensive Use of TIFs

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.

November 15, 2013 - Chicago Magazine

TIF Trouble in Chicago

Aaron Renn asserts that Chicago mayor Rahm Emmanuel's misuse of tax-increment financing dollars is hurting the city's poor.

October 18, 2013 - City Journal

Property Selling Binge on the Horizon for California Cities

Larry Kosmont, CEO of Kosmont Companies, walks The Planning Report through the California Redevelopment Authority's liquidation timeline, with advice for the private sector on the State’s impending property divestment.

April 11, 2013 - The Planning Report

Unveiling the Municipal Subsidy Hall of Shame

Daniel Denvir's article will have you thinking twice about whether your elected officials should be dedicating public resources to support the newest mega-project in your city as he explores "Great Moments in the History of Boondoggles."

May 31, 2012 - The Atlantic Cities

Fort Worth Grows Up

Bridget Moriarity profiles a public-private partnership that is working to bring increased density and walkability deep in the heart of Texas.

May 23, 2012 - Next American City

Did Kansas City Place A Losing Bet on its Downtown?

Eliot Brown explores how lower than expected tax revenues from the Power & Light District redevelopment project are forcing Kansas City to cut core services.

April 25, 2012 - The Wall Street Journal

Straight Talk on the Dissolution of California Redevelopment Agencies

A panel of distinguished Angelenos recently discussed the missteps that led to the dissolution of California's redevelopment agencies, the hole that their closure creates, and the possible paths forward.

April 10, 2012 - The Planning Report

WalMart/Big Box Subsidies Don't Work, Says New Study

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.

September 12, 2011 - Business Week

The New Redevelopment

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

June 1, 2011 - Bondbuyer

State Subsidies Enable the Southwest's Largest New Urbanist Development

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.

April 25, 2011 - High Country News

It Was the Best of TIFs, It Was the Worst of TIFs

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?

November 19, 2010 - St. Josephs News-Press

State Views Redevelopment Funds As Piggybank

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.

May 20, 2010 - California Planning & Development Report

Redevelopment Induced Sprawl

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

May 18, 2008 - The Pitch

FREE Course: Walkable City 1: Why Walkability?

After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.

Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold

The course focuses on the opportunities and imperatives that shape reinvention of mall sites.

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