Explore our content

All types | All dates | All authors
Tax Increment Financing
PI Original
by Angela Caputo
10:23am
Fri Dec 4, 2009

Next Up, Saffold Defends TIFs (UPDATED)

Tax Increment Financing

Mayor Daley must be really eager to tamp down all this tax increment financing (TIF) talk.  Appearing on WBEZ on November 1, he talked at length -- and not entirely truthfully -- about the benefits of this economic development tool.  At a November 13 press conference...

PI Original
by Angela Caputo
10:14am
Thu Dec 3, 2009
4 comments

TIF Dominates The Chicago Budget Debate

Manny Flores

Judging by the budget debate that took place yesterday, there's no doubt that members of Chicago's City Council have noticed the unprecedented tax increment financing (TIF) blowback that we chronicled this week.

PI Original
by Angela Caputo
3:38pm
Tue Dec 1, 2009
4 comments

Chronicling The TIF Blowback

Chicago

Anyone who has been following the debate over tax increment financing (TIF) this past decade is probably rubbing their eyes in disbelief today.

PI Original
by Josh Kalven
11:01am
Mon Nov 30, 2009
2 comments

The Sun-Times Fact-Checks Daley On TIF

Tax Increment Financing

Over the weekend, the Sun-Times published a news article scrutinizing Chicago Mayor Richard Daley's November 1 interview with WBEZ's Alison Cuddy.  Specifically, reporter Abdon Pallasch fact-checked the mayor's fervent defense of his controversial tax increment financing...

PI Original
by Angela Caputo
3:22pm
Wed Nov 25, 2009
1 comment

Daley, TIF, And Your Higher Property Tax Bill

Richard Daley

Is Mayor Daley acting a little defensive these days or what? During a Tuesday press conference, he took a jab at the aldermen who are opposing
his $35 million property tax rebate gimmick, adding: "So the
politicians are saying: increase your property taxes and increase ...

PI Original
by Angela Caputo
12:46pm
Mon Nov 23, 2009

The Tribune Highlights "TIF Gone Wild"

Chicago

Last week, we credited 42nd Ward Ald. Brenden Reilly for his opposition to the proposed creation of a sixth tax increment financing (TIF) district in his booming downtown ward. Today, the Tribune editorial board chimed in, calling out Mayor Daley for attempting to exploit a ...

PI Original
by Josh Kalven
10:40am
Fri Nov 20, 2009

"A TIF Geek If There Ever Was One"

Tax Increment Financing

That's how the Reader's Ben Joravsky describes our own Angela Caputo in his latest article on Chicago's tax increment financing (TIF) network.  And you can bet she's wearing that badge with pride.
Joravasky's piece also details how state legislators used a Freedom of ...

PI Original
by Josh Kalven
3:46pm
Wed Nov 18, 2009

Some TIF Sanity From Ald. Reilly

Tax Increment Financing

A Chicago alderman objecting to the creation of a new tax increment financing (TIF) district in his ward? 

It's not something you hear about every day.  But Brendan Reilly (42nd Ward) is reportedly pushing back against some East Loop property owners who want to see ...

PI Original
by Angela Caputo
11:14am
Wed Nov 18, 2009

Activists Push For Better TIF Investment: "We Need This Housing"

Housing

A few months back, a coalition of community activists from across Chicago met at City Hall to call out the Daley administration for investing so few tax increment financing (TIF) dollars in affordable housing. After all, over the past decade, a mere 4 percent of the ...