TIF

08/01/2016

Tomorrow, the Baltimore City Council will hold its second hearing on the multi-billion-dollar taxpayer subsidy for Port Covington, the new "city within a city" proposed by Under Armour CEO Kevin Plank; interest in the first hearing last week was so strong, it had to be moved to a larger room to accommodate the roughly 500 people who showed up. The stakes could not be higher: As the costliest development proposal in our city's history, it will shape Baltimore for generations to come, both through the 45 new city blocks it would create and its effect on development in the 92 square miles we already have.

Great Organizing in Baltimore Wins Delay in Nation’s Third-Largest TIF Deal

An incredible community-labor mobilization in Baltimore has tied up what would be the third-biggest private-sector tax increment financing (TIF) deal in U.S. history.

Schools Lose in Kansas City TIF Deal

Public schools in Kansas City, Missouri may soon lose out on $5 million, or 3.2 percent of all their local funding, if the city’s Tax Increment Financing Commission has its way.

06/18/2015

By Albuquerque Journal Editorial Board June 19, 2015

Three members of the Bernalillo County Commission did the right thing in approving zoning and other regulations to guide a planned mixed-use development on 22 square miles atop the West Mesa, near 118th and Interstate 40.

05/22/2015

By William Crum  May 23, 2015

Executive director of Good Jobs First Greg LeRoy said TIF projects done well can revitalize economically distressed neighborhoods, set them up for future growth and work in concert with other government efforts to fight poverty, crime and other urban ills.

By Olivia LaVecchia April 29, 2015

The company is good at getting money out of government, but it doesn’t really need the help. And local economies don’t really need the kind of development it delivers.