OMAHA — Twenty-three Omaha redevelopment projects boosted by $129 million in tax-increment financing were approved last year by the governing body of Nebraska’s largest city. It wasn’t a record year for the often controversial economic revival tool, known as TIF. In the previous year, the City Council approved about $160 million in tax-increment financing for […] The post Omaha officials last year gave green light to 23 projects that represent $129M in TIF loans appeared first on Nebraska Examin
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A request for $79.4 million in tax-increment financing for the Crossroads project has pushed TIF — a popular and sometimes controversial tool to rejuvenate "blighted" areas — into the spotlight.