Tax Increment Financing Case Study

The Tax Increment Financing (TIF) Program 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. Looking at developments on the south and west side of the city of Chicago, the goal is to figure out more productive and efficient way to funds and allocated funds for urban development without the overshadowing of government financing. With an overall objective of configuring why TIF would be one resource base that could increase a new approach to gentrification in these developing communities on the south