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.

  • Alerts (Tax Increment Financing (TIF))

    High Alert Jul 18, 2013 TIF Data Portal

    Most Recent News (Tax Increment Financing (TIF))

    Apr 2, 2014 New Social Services Complex Proposed in North Lawndale
    Apr 2, 2014 TIF Proposed For Northwest Side Distribution Facility
    Apr 2, 2014 Financial Measures Would Support Five School Improvement Projects
    Apr 2, 2014 City Council Approves Funding For Renovation Of Blue Line's Medical District CTA Station
    Apr 2, 2014 City Council Approves Funding To Support Site Prep Work For Englewood Whole Foods Store

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

    Services

    Supporting Information

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    City Data

    Applications for Assistance

    Tax Increment Financing

    Streamlined Tax Increment Financing

    Small Business Improvement Fund

    Riverfront Improvement Fund

    Laboratory Facilities Fund

    TIFWorks

    Department Main Office

    Planning and Development


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