DURA response to Arapahoe Square Blight Study Process
November 2009
DURA responses to community questions concerning Arapahoe Square blight study process.
“11. What is the smallest project in terms of money that will make sense for TIF?
DURA has entered agreements for amounts less than $300,000 in TIF assistance. However, due to the time involved and legal documents required to set up an urban renewal area and establish the use of TIF, it is often not practical to use TIF for smaller projects.