Who Might Qualify:
• Developers
• Business owners
• Non-Profit Organizations
• Governmental Entities
The TIF Program assists developers, municipalities and others in financing public infrastructure projects such as roads, curbs, streetlights, utilities, sidewalks, landscaping, public parking garages, etc. Qualified TIF projects dedicate a portion of the incremental property tax payments, derived from the increased property value of the project, to finance bonds issued to pay for certain public infrastructure costs related to the project. This program can provide 100% fixed-rate, tax-exempt financing for up to 33 years.