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Redevelopment Project Areas (TIF)
FAQs
Frequently Asked Questions on Redevelopment Areas (TIF)
TIF FAQs from the Illinois Tax Increment Association
What is Tax Increment Financing?
What is a "Tax Increment"?
How do TIFs improve communities?
Are TIFs widely used?
What communities in Illinois us TIF?
How long has TIF been around?
Why is there a need for Tax Increment Financing?
Does TIF divert money from schools?
What kinds of TIFs are there?
How is a TIF created?
What kind of planning goes into the development of a TIF project area?
What conditions must exist for an area to be designated for TIF?
What are the opportunities for public input?
Who controls TIF funds?
Can TIFs be changed?
Who monitors the TIF process?
When does a TIF terminate?
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Mayor's Message on Redevelopment Areas
What is TIF?
FAQs
Redevelopment Project Area Map
Central Business District (TIF 1)
Lake Street (TIF 2)
Route 83 & St. Charles (TIF 3)
North York (TIF 4)
Church Rd. & Lake Street (TIF 5)
Redevelopment study areas
TIF Document Portal
Forms & Applications
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