TIF financing is available within an LDFA district only.

1. The LDFA-TIF captures taxes generated from new capital investment within the district, except school millage and debt millage.

2. The capture can be used for project related infrastructure improvements (road, water, sewer, site development).

3. Activities and fund allocation are subject to approval by the LDFA   local unit of government.

Financing/incentive package must be negotiated with and approved by LDFA board.

The LDFA incentive package is negotiated based on several project factors, such as: capital investment, job creation, financial strength of    company, project and community compatibility.