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TIF

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TIF

Revere Park And Field House Is Getting A Makeover, Causing Some Closures

Improvements include more accessibility, a safer parking lot and roof, plumbing and HVAC upgrades.

Lincoln Square, North Center, Irving Park

Despite City’s ‘Rush To Judgment’ On Lincoln Yards, Judge Says Lawsuit To Block Tax Subsidy Might Not Fly

The city is trying to get a lawsuit aiming to stop $1.3 billion in tax dollars from going to the Lincoln Yards project dismissed. A judge could rule on it next week.

Wicker Park, Bucktown, West Town

Discounted Tickets Now On Sale For Educational TIF Event In Wicker Park

Tax Increment Financing (TIF) districts are used by municipalities to incentivize development.

Wicker Park, Bucktown, West Town

Community Groups Sue City To Try To End Lincoln Yards TIF, Reform TIF System

The groups behind the lawsuit allege the city has used the TIF system in a "racially and ethnically discriminatory" way to benefit white-majority areas.

Wicker Park, Bucktown, West Town

SRO Renovation Project In Humboldt Park Would Get $3.8 Million In TIF Money Under Plan

The plan to give TIF money to Humboldt Park Residence, a single-room-occupancy building, now goes to the City Council for final approval.

Logan Square, Humboldt Park, Avondale

TIF Subsidy For ‘The 78’ Development Faces Next Hurdle As 25th Ward Hopefuls Call For Delay

Developers of a project so large that it's been dubbed Chicago's newest neighborhood are on their way to securing a $700 million TIF subsidy from the city.

Bronzeville, Near South Side

Despite Cries Of ‘Shame’ And Unanswered Questions, TIF Districts For Lincoln Yards, The 78 Move Forward

At the three hour meeting, residents urged the Joint Review Board members not to advance the proposed TIFs.

Downtown