If you’re standing on any street corner in Chicago, there’s a one in three chance you’re standing in a TIF district. TIF, short for Tax Increment Financing, is a strategy to spur redevelopment in areas that are “blighted”, i.e., an area that has experienced significant economic decline. Typically, these areas have a lot of shuttered … Continue reading Redevelopment for Who? How TIF Redistributes Public Funds to the Wealthy