Latest News for: tif

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Elk Grove Village Approves $700,000 In TIF Assistance For ‘The Vue’

Journal Online Chicago 12 Feb 2026
Village trustees approved $700,000 in tax increment financing (TIF) assistance Tuesday for The Vue, a mixed-use development at Arlington Heights and Higgins roads, to cover unexpected environmental and infrastructure costs.
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What's next for Germantown development's TIF proposal?

Commercial Appeal 11 Feb 2026
The Germantown Industrial Development Board unanimously gave a favorable recommendation to the city's first tax-increment financing (TIF) application during its Feb ... After the TIF, they would generate $1.15 million in local taxes per year.
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Letters: Don’t mistake TIF subsidies for real growth in St. Paul

Pioneer Press 08 Feb 2026
eligible for TIF funding?” Feb ... During a period that began with 15 percent prime interest rates, the city managed to attract nearly $1 billion in private investment to that neighborhood with very little use of TIF projects, after 27 years.
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Council to eye TIF help for old middle school's renovation

Image Hastings Tribune 06 Feb 2026
The Hastings City Council on Monday will consider allowing the Community Redevelopment Authority to assist redevelopment of the former Hastings Middle School property with a tax-increment financing agreement ... .
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What TIF is and how it shapes local development

South Bend Tribune 06 Feb 2026
Tax Increment Financing (TIF) is a complicated topic to understand ... TIF began in California in the 1950s ... To create a district, a taxing unit (city, town or county) designates a specific geographic area as a TIF district to support needed improvements.
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Housing TIF district proposed for south side of Mattoon

Journal Gazette 06 Feb 2026
Castillo's Italian Eatery set to open this spring in Charleston Farmer City man killed, two injured in four-vehicle crash on I-57 in Mattoon 18-lot compact home development under construction in ...
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COLUMN: Arena TIF action on the field, not in the stands

Image The Norman Transcript 04 Feb 2026
It looks like the OU Arena TIF (aka Rock Creek Entertainment District) has a new champion, Roger Denny, OU’s new athletic director. When asked about the proposed off-campus arena his battle cry was, “We’ll stay in the fight longer than ... .
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Oklahoma Supreme Court rules Norman arena project TIF referendum petition gist legally insufficient

Image News Press - Stillwater 04 Feb 2026
The Oklahoma Supreme Court ruled Tuesday in an 8-1 vote that the gist of the referendum petition that would’ve sent the use of the Rock Creek Entertainment District tax increment financing district to a public vote was legally insufficient ... .
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Batavia building to be renovated, with TIF assistance, for Aurora-based software company’s new headquarters

Image Chicago Tribune 04 Feb 2026
At its meeting on Monday, Batavia’s City Council approved a redevelopment agreement for the building, which includes a promise of almost $1.9 million in TIF, or tax increment financing, funds to help with the renovation costs.
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Buc-ee’s: Proposed TIF district could generate $4.6M over 30 years for infrastructure work

Image Springfield News-Sun 02 Feb 2026
9, to approve a TIF district in the northeast section of the city ... TIF districts allow a portion of property taxes to be reinvested, keeping funds within the boundary lines set by a municipality.
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