Tax Increment Financing at work
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Tax Increment Financing (TIF)

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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.

  • Most Recent News (Tax Increment Financing (TIF))

    Jun 25, 2014 TIF Would Support Improvements to Swedish Covenant Hospital
    Jun 25, 2014 TIF Funds Approved for Improvements to Three West Side Schools
    Apr 30, 2014 New Social Services Complex Approved for North Lawndale
    Apr 30, 2014 Financial Measures Will Support Five School Improvement Projects
    Apr 2, 2014 TIF Proposed For Northwest Side Distribution Facility

    View all News Releases (Tax Increment Financing (TIF))

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    Tax Increment Financing

    Streamlined Tax Increment Financing

    Small Business Improvement Fund

    Riverfront Improvement Fund

    Laboratory Facilities Fund

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    Planning and Development


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