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Tif

Panel wants to move forward with airport zone

Panel wants to move forward with airport zone

VALPARAISO | The Porter County Redevelopment Commission hopes plans for an airport development zone can still take flight.

August 21, 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
Lawyer fuels opposition to U.S. 6 TIF

Lawyer fuels opposition to U.S. 6 TIF

VALPARAISO | Smiles broke out on the faces of a few County Council members Tuesday when a local attorney specializing in real estate and land use voiced his opinion that tax increment finance districts do not mix well with tax abatements.

April 24, 2013 12:15 pm

Councilman says Porter County TIF could force new income tax

VALPARAISO | Porter County Councilman Dan Whitten, D-at large, said he believes the proposal to establish a tax increment finance district in the area of the new hospital is unfair to taxpayers and could lead to the need for a new local income tax.

April 22, 2013 8:00 pm

LaPorte OKs expanding TIF district for job creation

LAPORTE | A financing mechanism is now in place to pay for developing 137 acres of farmland viewed as having the potential to create up to 1,000 new jobs in LaPorte.

March 20, 2013 12:00 am

Schools want to recoup funds from Portage TIF district

PORTAGE | City and Portage Township Schools officials will sit down to work out how the school district can regain some of the tax money lost in tax increment financing districts.

August 25, 2012 7:15 pm

Approving TIF expansion just the start for Valpo

VALPARAISO | The city's tax increment financing district won't officially include the U.S. 30 corridor until Aug. 8, but the first customer hoping to take advantage of it already is waiting.

July 27, 2012 8:30 pm
Porter County Council president calls hospital TIF a 'backdoor tax'

Porter County Council president calls hospital TIF a 'backdoor tax'

VALPARAISO | Porter County Council President Dan Whitten, D-at large, said implementing a tax increment financing district at the site of the new hospital would amount to a "backdoor tax" for homeowners.

June 27, 2012 6:00 pm
Hammond closes three TIFs to help budget, looks to future redevelopment

Hammond closes three TIFs to help budget, looks to future redevelopment

There are 9 acres left to develop out of city-owned property at West Point Plaza Industrial Park in Hammond.

April 21, 2012 6:15 pm Photos

Photos

Hammond closes three TIFs to help budget, looks to future redevelopment

Hammond closes three TIFs to help budget, looks to future redevelopment

The benefits of locating inside Valparaiso's tax increment financing district attracted North Coast Distributing when the company was contemplating where to move.

April 20, 2012 2:45 pm
Hammond closes three TIFs to help budget, looks to future redevelopment

Hammond closes three TIFs to help budget, looks to future redevelopment

A tax increment financing district in Valparaiso helped expand infrastructure so North Coast Distributing could relocate its operations. It moved from Silhavy Road in the city to a location on the west side of Ind. 49 across from the Porter County Sheriff's Department.

April 20, 2012 2:45 pm
Hammond closes three TIFs to help budget, looks to future redevelopment

Hammond closes three TIFs to help budget, looks to future redevelopment

Trevor Moritz, 16, of Hammond, rides his bike Thursday in the skate park at Hammond's Pulaski Park.

April 19, 2012 8:25 pm
Hammond closes three TIFs to help budget, looks to future redevelopment

Hammond closes three TIFs to help budget, looks to future redevelopment

Nekili Campos, 5, left, reaches for Marisol Pabon, 11, while playing Thursday at the skate park at Hammond's Pulaski Park. The park was created through tax increment financing funding. A TIF is a public financing method used for subsidizing redevelopment.

April 19, 2012 5:15 pm
Hammond closes three TIFs to help budget, looks to future redevelopment

Hammond closes three TIFs to help budget, looks to future redevelopment

Melissa Campos reaches out to touch her daughter, Nekili, 5, on Thursday while picking up her other children at Pulaski Park in Hammond.

April 19, 2012 5:15 pm
Hammond closes three TIFs to help budget, looks to future redevelopment

Hammond closes three TIFs to help budget, looks to future redevelopment

Trevor Moritz, 16, rides his bike Thursday in the skate park at Hammond's Pulaski Park. The park was created through funds from a tax increment financing district.

April 19, 2012 5:15 pm

Orr calls for moratorium on TIFs

CHICAGO | Cook County Clerk David Orr on Tuesday called for a moratorium of new Chicago tax increment financing districts until new leadership is installed and a thorough review of existing TIFs can be conducted.

November 24, 2010 12:00 am

Comptroller candidate raises TIF concerns

SPRINGFIELD | The Democratic candidate for state comptroller says he wants to shine more light on an economic development tool he says may be diverting tax dollars from more important programs.

September 16, 2010 12:00 am

Thornton OKs TIF deal for restaurant

THORNTON | The Village Board unanimously approved a tax increment financing redevelopment agreement last week to bring a restaurant to the village.

August 08, 2010 12:00 am
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