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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))

Oct 5, 2016 New North Side TIF District Will Support Lathrop Homes Redevelopment
Sep 14, 2016 TIF Approved for South Side Elementary School
Jun 22, 2016 TIF Plan Approved to Support New Mixed-Use Development in Uptown
Jun 22, 2016 Mayor Emanuel Announces City Support Approved to Build Whole Foods Distribution Center in Pullman
Apr 13, 2016 TIF Funds Approved for School Improvement Projects

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


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Tax Increment Financing

Streamlined Tax Increment Financing

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