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Tax Increment Financing

The TIF Illumination Project at Three

Tom Tresser | Posted 02.12.2016 | Chicago
Tom Tresser

On February 12 of 2013, the night of the State of the Union, a town meeting was held at the Chopin Theater in Chicago's Near West Side. The subject wa...

The TIF Illumination Project at One Year

Tom Tresser | Posted 04.16.2014 | Chicago
Tom Tresser

The TIF Illumination Project is an effort of a group of volunteers in Chicago to expose a decades-old finance scheme that annually extracts almost 500 million dollars of property taxes and places it in a program controlled by the mayor.

CME Group, Other Firms Reject $34 Million In City Subsidies

Posted 01.31.2012 | Chicago

On the same day Mayor Rahm Emanuel announced reforms he says will improve the accountability and transparency of the city's controversial tax incremen...

Gaylord Subsidy

Joel Judd | Posted 12.03.2011 | Denver
Joel Judd

Gaylord Entertainment proposes building a hotel entertainment complex near DIA; except, first it wants $522m in TIF subsidies over 25 years. Time to stop punching holes in the bucket.

Renewed Call for a TIF Moratorium

David Orr | Posted 06.08.2011 | Chicago
David Orr

For too long, TIFs were used as corporate subsidies. We have far too much at stake in our city to allow TIF money to be poorly used or misused.

Going To A Candidate's Forum? Ask Them About TIFs

Tom Tresser | Posted 05.25.2011 | Chicago
Tom Tresser

County-wide, in 2009, TIF districts diverted $838 million in property taxes away from the units of government that rely on property taxes for operation. And $519 million of that was from Chicago.

Will the Grass Roots Have a Horse in This Race?

Tom Tresser | Posted 05.25.2011 | Chicago
Tom Tresser

Who will be the champion of grass roots economic development, social justice, fully funding public education and reversing the trend towards privatizing everything in sight?