First downtown, now neighborhoods? Cleveland considering TIF districts to spur East Side development

Pointe Vista tax plan explained to Marshall County voters

MADILL, Okla. (KTEN) — Marshall County commissioners are one step closer to voting on the tax increment finance district (TIF) proposal for Pointe Vista.

First downtown, now neighborhoods? Cleveland considering TIF districts to spur East Side development

CLEVELAND, Ohio — After using tax incentives to spur Bedrock’s downtown construction near Tower City Center, Cleveland is considering the same plan for its East Side neighborhoods, Mayor Justin Bibb said Monday.

Cleveland considering TIF district to spur East Side housing

Mayor Justin Bibb says he wants to take a tool used for Cleveland’s downtown development and put it to work in city neighborhoods.  That tool is the tax increment financing district, also known as a TIF district. City Hall created a downtown TIF district last year to support new construction in the heart of the city. Within the district, new property tax revenue helps to pay for such work as road and sewer upgrades around new projects.  On Monda…