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WTTW News Explains: What is a TIF District?

A financial tool called tax-increment financing creates a pool of taxpayer money to better the city.

Aired 05/06/2025 | Rating NR

Chicago Tonight

WTTW News Explains: What is a TIF District?

Clip: Season 2025 | 2m 50s

A financial tool called tax-increment financing creates a pool of taxpayer money to better the city.

Tax-increment financing wasn’t invented in Chicago, but former Mayor Richard M. Daley perfected it as he worked to transform Mud City into a gleaming metropolis. WTTW News explains.

Aired 05/06/2025 | Rating NR

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