Local Development Financial Authority Tax Increment Financing (LDFA-TIF)

TIF financing is available within an LDFA district only.

1. The LDFA-TIF captures taxes generated from new capital investment within the district, with the exception of school and debt millages.

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

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