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Tax Increment Financing: Pros, Cons, and Examples

by Guy Crittenden
Content Developer for ERIS
Toronto, Ontario
gcrittenden@erisinfo.com
September 11, 2020

Savvy financing instruments are available to developers of real property to fund the redevelopment of old commercial properties to combat urban blight. This article explains how Tax Increment Financing works, with examples of success stories and cautionary tales, TIF benefits, and some TIF drawbacks.

 

 

 

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