Tax Increment Financing
Jobs & Economic Vitality
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3m 6s
Blighted and underdeveloped properties within a city are often overlooked by developers, leaving pockets or areas within a city that, given enough time, get caught in a spiral of deterioration and diminished economic value, which negatively affect the quality of life of its citizens. Tax Increment Financing is a tool for redevelopment that empowers a city to build and improve its community by creating new jobs, retaining existing employment, eliminating blight, and promoting strong, healthy growth.
Up Next in Jobs & Economic Vitality
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Brownfields
Abandoned, under-used, or blighted properties are a common occurrence across urban and rural landscapes. The City of Springfield is no exception. A deserted factory, a vacated house, an industrial area where petroleum products were used, are all examples of real estate potentially designated as b...
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Cooper Soccer Complex Turf Renovation...
