Posted on 11/04/2009 6:47:26 AM PST by aic4ever
A look at Chicago's first TIF district, and whether it was as successful as the City claims it was, or if they're simply blowing smoke.
(Excerpt) Read more at organizedexploitation.blogspot.com ...
As a person who stays as far away from Chicago as I can, I’ll ask: What is TIF?
You have to give him a blog hit to find out...that’s the whole idea. :)
I did. Just to check out if this freeloader has a link to FR. Nope.
Tax Increment Financing
http://en.wikipedia.org/wiki/Tax_increment_financing
Wow, had not realized I didn’t have FR on my list, which is ridiculous. Now linked.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.