One of Mayor Brandon Johnson’s signature projects is an ambitious plan to spend $1.25 billion over five years to build ...

As the 150-year-old property awaits development to become an apartment building, the City of Rockford sees potential for other new life in the Madison and Oak Street area. The tool to revive the quiet ...

The Clarendon Hills 55th Street Tax Increment Financing district has been approved by the Village Board after being scaled back in response to objections from affected school districts.

During its last meeting of the year on Monday, the City Council passed a handful of ordinances establishing a new tax increment financing district, commonly called a TIF district. The TIF district ...

HOWARD — The redevelopment of UnitedHealthcare's old campus into apartments and commercial space just got a timeline for how it will be financed. The Village Board agreed Monday evening on a ...

While the Rochester City Council unanimously approved the creation of the TIF district to provide up to $13 million in future financing for the proposed $130.2 million project, Rochester Strategic ...

The development group could receive up to $20.3 million through the TIF district, The Courier Journal previously reported. The decision was not without controversy, though. Some neighbors called ...

and not be located within a TIF (Tax Increment Financing) District. Each of the identified corridors has a designated $125,000 in funds available on a first-come first-serve basis (for approved ...

The firm requested $8 million in public funding, including $6 million from a tax increment financing district and $2 million in city grants funded by McHenry’s 1 percent food and beverage tax.

WHAT WE KNOW: Developers of Prairie Knoll subdivision have asked the village of Orion to extend the tax increment financing district for another 13 years to allow them to recoup their investment.