SIOUX FALLS, S.D. (KELO) — The redevelopment of property now occupied by Smithfield near Falls Park in Sioux Falls will hinge in part of Tax Increment Financing. Smithfield will build a new plant in ...

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Tax Increment Financing (TIF) is a public financial tool cities, towns, and counties use to stimulate development and redevelopment in specific areas. This mechanism allows for the reallocation of ...

Imagine downtown Little Rock with more affordable housing, expanded public transportation and twice the number of people. All that, and more, is envisioned in the capital city’s future in the ...

SIOUX FALLS, S.D. (KELO) — From Dallas, Texas, to West Fargo, North Dakota, Tax Increment Finance (TIF) districts have been used to help pay for economic development projects. The city of Sioux Falls ...

CHICAGO (WLS) -- Recent debate over how Chicago Public Schools should pay for it's pension debt and a new teachers contract has centered around the use of TIFs, or tax increment financing. Experts ...

THE NEBRASKA STATE AUDITOR QUESTIONS THE USE OF TAX INCREMENT FINANCING OR TIF MONEY FOR PROJECTS INCLUDING OMAHA STREETCAR. IN A LETTER TO LAWMAKERS, FOLEY SAYS DURING THE FIVE YEAR PERIOD FROM 2019 ...

Tax Increment Financing (TIF) uses future property tax increases from new development to fund public improvements. TIF districts are established in areas needing revitalization or in growing areas ...

KANSAS CITY, Mo. — A Missouri-based company filed a lawsuit Wednesday against a Kansas City commission, claiming it unlawfully terminated its agreement for the redevelopment of a downtown building.