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Tax Increment Financing

Merrillvillle commission eying grants to schools from redevelopment funds

MERRILLVILLE | Infrastructure projects are among the regular issues handled by the Merrillville Redevelopment Commission, but the panel is breaking ground in another direction.

August 15, 2014 10:47 am

Valpo to borrow $15M to fund redevelopment projects

VALPARAISO | The City Council approved borrowing up to $15 million for the Redevelopment Commission to meet its upcoming obligations and have a cushion to lure a couple of prospects to the city in the near future.

August 11, 2014 8:01 pm

Portage commission authorizes beginning steps of $10 million bond

PORTAGE | The Redevelopment Commission this week authorized initiating what could be a $10 million tax increment financing bond.

July 26, 2014 12:00 am

C.P. moving ahead with Delaware Parkway extension

CROWN POINT | The Redevelopment Commission has endorsed plans for extending Delaware Parkway north of 109th Avenue to 107th Avenue.

July 21, 2014 6:08 pm

Winfield seeks consultant to draw pedestrian plan

WINFIELD | Winfield is still a small town but it is a busy one, which creates problems for pedestrians in its downtown.

June 16, 2014 8:35 pm

St. John revamps TIF districts to boost growth

ST. JOHN | In efforts to improve the town's chances of attracting new businesses, the Redevelopment Commission has approved revamping  tax increment financing districts.

June 14, 2014 7:03 pm

Commission approves $100,000 grant to Portage schools

PORTAGE | The Portage Redevelopment Commission this week approved a grant, giving the Portage Township Schools $100,000.

March 28, 2014 12:45 pm

Resolution establishes new economic development area in Crown Point

CROWN POINT | Officials on Monday approved a new economic development area with three new allocation areas where tax increment financing can be collected.

March 17, 2014 9:45 pm

Consultant catches mistake that could have cost Lowell

LOWELL | An error at the county level could have undercut Lowell's assessed valuation by $40 million if it had gone undetected.

February 10, 2014 11:00 pm

Portage commission will provide grant to schools

PORTAGE | After more than a year of negotiations, Portage's Redevelopment Commission has finally agreed to provide $100,000 to the Portage Township Schools.

January 25, 2014 10:30 pm

Portage commission differs on how it should spend its money

PORTAGE | On a consistent 3-2 vote, the city's Redevelopment Commission on Wednesday approved how its should be spending its money.

January 22, 2014 8:00 pm

Valpo approves expansion of TIF districts

VALPARAISO | The recent annexation of the property for the expansion of Pratt Industries and the expected annexation of the business park portion of the Lakes of Valparaiso development will be added to the city's tax increment financing districts.

January 15, 2014 9:15 pm

Munster signs off on funds for park improvements

MUNSTER | The Munster Redevelopment Commission recently gave its blessing to the use of $500,000 in TIF revenue for projects at Community Park.

December 22, 2013 8:30 pm
Should redevelopment funds pay for Portage's daily expenses? issue debated

Should redevelopment funds pay for Portage's daily expenses? issue debated

PORTAGE | For the last several years, the city has approached the Redevelopment Commission for financial assistance. The commission has usually complied.

December 21, 2013 6:20 pm Photos

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Portage schools to get share of city TIF money?

PORTAGE | Portage Township School Board members and administrators are feeling more positive the district may get a share of the city's tax increment financing district funds.

December 11, 2013 10:30 pm

Cedar Lake's bond rating boosted

CEDAR LAKE | The town’s new bond rating is something to brag about, officials said.

October 20, 2013 8:45 pm

Valpo redevelopment panel considers $28M budget

VALPARAISO | To pay for expansion of Central Park Plaza and the public infrastructure improvements for the Pratt Industries expansion, the city's Redevelopment Commission plans to borrow $13.5 million in 2014.

October 13, 2013 7:15 pm

Valpo expanding TIF to aid $312 million in development

VALPARAISO | To pave the way for about $312 million in development, Valparaiso's Redevelopment Commission started the process to expand its tax increment financing districts Wednesday.

October 09, 2013 8:30 pm
Municipalities wrangle with maintaining streets

Municipalities wrangle with maintaining streets

Keeping streets paved and maintained has been anything but smooth sailing for region municipalities in recent years.

September 22, 2013 12:00 am Photos

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East Porter seeks rep on Valpo redevelopment board

VALPARAISO | With the city expected to add more Washington Township territory to its tax increment financing districts, East Porter County School officials expressed concern over the possible loss of needed property tax revenue.

September 21, 2013 7:00 pm
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