10 Steps To Determine Brownfield TIF-ability

[SOURCE: polskylaw.com] Tax increment financing stimulates private development in underperforming areas by using the tax revenue boost from property revitalization to pay a portion of project costs. Most states make some provision for municipalities to designate TIF districts. The incentives offered can make the difference between an intractably underutilized area and a feasible development deal. These 10 steps can help pave the way toward successful TIF funding. [MORE]