Tax Increment Financing (TIF) is a special funding tool used by the City of Chicago to promote public and private investment across the city. Funds are used to build and repair roads and infrastructure, clean polluted land and put vacant properties back to productive use, usually in conjunction with private development projects. Funds are generated by growth in the Equalized Assessed Valuation (EAV) of properties within a designated district over a 23-year period. (more...)
See below for detailed information about the city's individual TIF districts, including plans, annual reports, redevelopment agreements and recent news.
| Feb 15, 2012 | Land Sales Approved for South and West Side Schools |
| Feb 15, 2012 | Logistics Headquarters to Expand Through TIF Assistance |
| Feb 15, 2012 | TIF to Support New Biotech Lab in Stockyards Industrial Corridor |
| Jan 18, 2012 | Land Sales Proposed for South and West Side Schools |
| Nov 16, 2011 | TIF Funds Approved for Improvements to Three Schools |
View all News Releases (Tax Increment Financing (TIF))
Applications for Assistance
Streamlined Tax Increment Financing
Small Business Improvement Fund