Tax Increment Financing (TIF)

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.

2013-17 District Projection Reports (Open Data) (PDF)
Small Business Improvement Fund (SBIF) Grants (Open Data) (PDF)

Alerts (Tax Increment Financing (TIF))

Jul 18, 2013

TIF Data Portal

Most Recent News (Tax Increment Financing (TIF))

Sep 11, 2013	TIF Proposed For New Pullman Factory
Jul 24, 2013	Iconic Chicago Sausage Maker Would Relocate To Bridgeport Through TIF
Jun 26, 2013	Streetscape Plan Will Enhance Cermak Road
Mar 13, 2013	TIF Approved for Bryn Mawr Red Line Station Improvements
Mar 13, 2013	TIF Approved for Next Phase of Pullman Retail Project