City schooled in Tax Increment Financing
“ax Increment Financing has long been recognized as a tool for economic development. Monday night, the Ottumwa City Council received a lesson on Tax Increment Financing, also referred to as TIF, from Alan Kemp, the…
West Colfax Proposed Developments Approved
“Proposed developments in District 1 were at the epicenter of the January 20 City Council meeting. West Colfax area bills up for final consideration included tax increment financing for SLOANS Block 7 East and West,…
Tax increment financing not bringing in more jobs or income, says analysis
“Tax increment financing (TIF) is a popular but ineffective economic development tool for Hoosier communities, and it needs more stringent state oversight, says a new policy brief from Ball State University. “Some Economic Effects of…
Urban-renewal wars return to Colorado Legislature
“A pair of Colorado state senators filed the first — but not last — attempt of the 2015 legislative session at urban-renewal reform on Wednesday, reviving a year-old debate over whether major changes to…
City officials learn rules for using TIF funds
“City of Great Falls Commissioners and city staff have started looking into options for a public safety levy specific to Great Falls/Fire Rescue and Commissioner Bob Kelly asked if TIF (tax increment finance) funds could…
Understanding The Use Of Tax Increment Financing Districts
“If you’ve been to a recent Wichita City Council meeting, you’ve most likely heard the term, “tax increment financing,” which is usually shortened to TIF. These redevelopment incentives are common throughout the U.S. But what…
Tax Increment Financing looked at by lawmakers
“During the last legislative session, Sen. Al Davis from Hyannis introduced a bill to attach more strings to the use of Tax Increment Financing (TIF). The bill did not pass, but lawmakers have studied the…
Aurora shows support for Gaylord hotel project
“The Aurora City Council, acting as the Aurora Urban Renewal Authority, this week unanimously passed a resolution supporting a Houston company’s plan to build the Gaylord Rockies hotel/conference center near Denver International Airport. The Aurora…
Understanding urban renewal
“Urban renewal is a misunderstood and, on occasion, an inappropriately used mechanism for redevelopment. Many don’t understand urban renewal at all, only a small portion of the population has a firm grasp of it. Having…
Denver gives preliminary OK to $48M subsidy for 9th and Colorado redo
“The former University of Colorado Health Sciences Center received a big boost Tuesday with preliminary approval of a $47.9 million city subsidy for redeveloping the east Denver site. A Denver City Council committee issued the…