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))

Sep 10, 2014 New TIF District Proposed For South Side Would Support Housing Rehabilitation, Stabilization, and Public Works
Sep 10, 2014 TIF Assistance Approved for Beverly Restaurant and Retail Building
Sep 10, 2014 TIF Proposed for Advanced Manufacturing Hub
Sep 10, 2014 TIF Would Support North Lawndale Hospital Improvements
Jul 30, 2014 TIF Will Support Improvements to Swedish Covenant Hospital

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

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Planning and Development


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