Politics & Government
How Do TIFs Work in Chicago? WBEZ Uses Sharpies to Explain
This easy to follow explanation will leave you with plenty of TIF knowledge to impress your neighbors.
By Dan Lambert
The fine folks over at Curious City, WBEZ's excellent series that answers all your Chicago-related quandaries, set out to provide an easy to understand look at TIF districts.
What they ended up with was Sharpie drawings and a straightforward video that gives you a primer on TIFs and their growing impact in Chicago. Watch the above video and gain an understanding of one of the most powerful tools your city government has to push money toward projects.
While TIFs can spur development, they also have an impact on the funding of your schools and other local government entities.
What are your thoughts on TIF districts?
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