Colorado Court of Appeals: Calculation of Tax Increment Financing for Suspended Portions of Urban Renewal Project Not Addressed by Statute
“In this case involving the financing of an urban renewal plan, plaintiff Northglenn Urban Renewal Authority (NURA) appealed the trial court’s summary judgment in favor of defendants Gil Reyes, in his official capacity as Adams…
Denver Mayor Hancock seeks $70 million for new downtown development
“Denver Mayor Michael Hancock on Tuesday proposed extending urban renewal financing mechanisms to raise up to $70 million for downtown projects, including a school, a park and an upgrade of the 16th Street Mall. In…
Series: Tax increment financing districts
“Tax increment financing uses anticipated property tax increases to spur development. TIF districts freeze property tax revenue going to governments and place the additional revenue generated by property improvements into a special fund to reimburse…
Tax increment financing has winners and losers
“Proponents for tax increment funding, including the Michigan Economic Development Corp., which promotes TIF on the Pure Michigan website, argue it has a place in a community’s economic development toolbox. It allows the community to…
Village Targets Janes Plaza Shopping Center With Eminent Domain Action
“During the summer of 2012 Woodridge amended its Janes Avenue Tax Increment Financing District plan. The change went into effect after several months of Village Board consideration and public input. The change allowed for TIF…
Still as Moonlight: Why Tax Increment Financing Stalled in North Carolina
“This Comment argues that North Carolina’s TIF statute is infrequently used for multiple reasons, including its complexity, the availability of alternative financing forms, the constrictive nature of TIF’s statutory structure, and other ancillary factors such…
Law changes could spark more transit-oriented development
“A day after Gov. Mark Dayton backed an increase to the metro region’s transit-dedicated sales tax, local officials, developers and non-profit representatives on the Corridors of Opportunity Policy Board met to talk about state law…
Infrastructure Financing Options for Transit-Oriented Development
“Infrastructure Financing Options for Transit-Oriented Development provides communities with a comprehensive guide of tools and strategies that are available for financing and funding infrastructure for transit-oriented development (TOD). The report provides examples of how some…
New development plan for 9th & Colorado site of old University Hospital complex
“7NEWS confirmed with King Soopers spokeswoman Kelli McGannon that the grocery chain is finalizing negotiations to build a standard King Soopers to be the anchor of the 9th and Colorado development. “We are continuing to…
New look at plan to use eminent domain to seize troubled mortgages
“The county and the cities last year formed the Joint Powers Authority to consider the eminent domain idea. On Thursday, members of the authority will consider seeking proposals from outside contractors to manage a homeowner-rescue…