How has the use of Tax Increment Financing (“TIF”) shaped the development of Chicago? Chicago contains 163 TIF districts, which cover 30% of the City’s area and comprise about 10% of its property tax base. TIF has been a crucial tool for supporting quality businesses, creating jobs and building strong neighborhoods. This program will be an opportunity to share case studies and discuss best practices for the use of TIF.
Speakers:
Alderman Jason Ervin of the 28th Ward
Michael Jasso, Managing Deputy Commissioner of the City of Chicago, Department of Housing and Economic Development
Michael Moses, Financial Services Director, S & C Electric
Moderated by:
Joe Pilewski, Director, Specialty Tax, Duff and Phelps