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Tax Increment Finance (TIF) Resources

Tax Increment Financing (TIF) allows local governments to invest in infrastructure and other improvements and pay for them by capturing the increase in property tax revenues and, in some states, other types of incremental taxes. The increase in taxes generated by the enhancements, also known as increment, is used to pay the public debt or costs incurred while make these improvements. TIF can work in communities of all sizes and can be used to finance a variety of costs pertaining to public infrastructure, land acquisition, demolition, utilities, planning costs, and other improvements.

TIF is generally used to address blight and deterioration, promote neighborhood stability, and inspire district oriented economic development or redevelopment. While each state’s TIF statute is different, common policy goals and objectives exist.



Improving TIF Transparency and Accountability in Michigan
This report form Michigan State University seeks to contribute to the current policy discussion on TIF reform by developing the blueprint for a comprehensive, state-level database on the scale, scope and structure of TIF activities in Michigan.
Creative Finance For Smaller Communities
This report from the Urban Land Institute outlines creative financing tools for smaller communities and provides several case studies from communities that are successfully implementing these strategies.
Setting the Stage for Leveraging Resources for Brownfields Revitalization
This guide from the U.S. EPA provides guidance and technical assistance to localities and brownfields practitioners on leveraging resources for brownfields revitalization. This guide explores how communities can prepare to successfully leverage...
CDFA TIF State-By-State Report 2015
The CDFA 2015 TIF State-By-State Report is a detailed review of the current state statutes and related regulations governing the use of tax increment financing tools throughout the country. This information has been collected by CDFA with the help...
Atlantic Station: A Sustainable Brownfield Revitalization Best Practice
This case study from the University of Illinois at Chicago's Institute for Environmental Science and Policy highlights the Atlantic Station project in Atlanta Georgia and is an example of brownfield redevelopment that manages growth sustainably.
Milltown Park Brownfield Case Study
Association for Redevelopment Initiatives' case study of Milltown Park, a former mill site that was redeveloped using TIF and a USDA Rural Housing Super Green-LEED Platinum Loan.
Harbor Point Tax Increment Financing Fact & Information Sheet
Harbor Point is a new 3 million square-foot master-planned mixed-use community located on a waterfront site in Baltimore Maryland. The massive project will generate $920M of private investment from $106.9M of TIF bonds to finance necessary public...
Accelerating Economic Development: Brownfield Program
New Partners for Community Revitalization thoroughly details many aspects of New York's Brownfield Opportunity Areas(BOA) program.
The "but for" Test
Wisconsin Department of Revenue outlines the standard for the "but for" test as it relates to TIF.
How the Tool Works: Tax Increment Finance
This CDFA "How the Tool Works" covers tax increment finance and includes information on financing methods, community buy-in, model projects, and more. This How the Tool Works originally appeared in Development Finance Perspectives 2 | 2012.
State-Facilitated Tax Increment Financing for Brownfields Redevelopment
Evans Paull with the Northeast-Midwest Institute as part of a project with Smart Growth America looks at the use and challenges of tax increment finance to promote the redevelopment of brownfields sites. The report looks at how states can modify...
Using Tax Increment Financing for Brownfields Redevelopment
TIF is often the most effective incentive in closing project financing gaps for brownfield projects, however isn't often used to finance brownfield projects because of the need for up-front financing and the bond market looking for projects that are...
CDFA Recommended Practices: Effective Tax Increment Finance Program Management
CDFA has developed these recommended practices to serve as a set of guiding principles when developing or implementing a Tax Increment Finance (TIF) program. TIF has played an increasingly important role in financing economic development and...
Tax Increment Finance Best Practices Reference Guide
The Council of Development Finance Agencies (CDFA), Stifel Nicolaus & Company, Inc., and the International Council of Shopping Centers (ICSC) have collaborated with teams of Tax Increment Finance (TIF) experts from across the country to develop the...
Using Tax Increment Financing for Brownfields Redevelopment
TIF has become a mainstream economic development tool over the last several years. However, more recently a connection has been made between brownfields projects and TIF financing. This resources looks at both TIF and brownfields redevelopment,...

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Disclaimer: This publication was developed under Assistance Agreement No. TR-83576801-0 awarded by the U.S. Environmental Protection Agency. It has not been formally reviewed by EPA. The views expressed in this document are solely those of Council of Development Finance Agencies and EPA does not endorse any products or commercial services mentioned in this publication.