TIF for the 21st Century
Tax Increment Financing is a complex issue, and is just one of many financing tools available. It is not the right tool for every development project, but the Horizon District has been affirmed as an appropriate project for TIF funding to be applied. The Urban Land Institute has put out a new article with great background information on what TIF is, what it isn’t, and when it is (and is not) appropriate. Read the full article here.
Above Photo: A concert in the park at the restored Mission Creek waterfront in San Francisco, part of more than $700 million in public infrastructure financed through special assessments and TIF for the Mission Bay redevelopment project. (San Francisco Office of Community Investment and Infrastructure)