Union Crossing development, survivor of two TIF petition drives, still has detractors

Union Crossing development, survivor of two TIF petition drives, still has detractors

A proposed residential and commercial development in North Sioux City is moving forward in spite of contention over the development and the tax increment financing (TIF) used to help defray its costs.

WTF is a TIF? And how are they used in Greater Cleveland?

Developers and city officials often talk about “TIFs” when development projects are on the table.  TIF stands for tax increment financing. The City of Cleveland has used this finance tool on projects including the Flats East Bank, the Sherwin-Williams headquarters, and the redevelopment of the riverfront and lakefront.  Check out Cuyahoga County’s interactive map to see the locations of all the TIFs in Cleveland and in the county.   What is a TI…