Tax Increment Financing (TIF) is a public financing method that municipalities use to subsidize redevelopment, infrastructure, and other community-improvement projects in distressed areas. The aim is to stimulate economic development and increased property tax revenues.
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!