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Tax increment financing (TIF) is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States. The original intent of a TIF program is to stimulate private investment with a blighted area that has been designated to be in need of economic revitalization.OverviewUse of Tax Increment FinancingHistoryUrban regenerationUnintended consequencesExamplesApplications and administration Similar or related value capture strategies are used around the world. Through the use of TIF, municipalities typically divert future property tax revenue increases from a defined area or district toward an economic development project or public improvement project in the community. TIF subsidies are not appropriated directly from a city's budget, but the city incurs l…New content will be added above the current area of focus upon selection Similar or related value capture strategies are used around the world. Through the use of TIF, municipalities typically divert future property tax revenue increases from a defined area or district toward an economic development project or public improvement project in the community. TIF subsidies are not appropriated directly from a city's budget, but the city incurs loss through foregone tax revenue. The first TIF was used in California in 1952. By 2004, all 50 American states had authorized the use of TIF, except Arizona. The first TIF in Canada was used in 2007. Wikipedia Text under CC-BY-SA licenseExplore FurtherThe Basics of TIF - CDFAHow to Analyze Tax Increment Financing (TIF) ProjectsWhat Is Tax Increment Financing? - SmartAssetRecommended to you based on your activity and what's popular • FeedbackTiffany Co. (TIF) Stock Price, News, Quote History ...

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