A writer at the Citizen Advocacy Center unpacks a "diversion thesis" that's common canon among TIF critics.
In an interview by Ben Joravsky with Dave Glowacz on the Chicago Reader's Ben Joravsky Show, Dave describes his recent reporting on megadevelopments and Lincoln Yards.
A study has found that publicly funded incentives such as property tax abatements and investment tax credits are "linked with worse overall fiscal health" for the state and local jurisdictions that employ them.
The study, from researchers at North Carolina State University, took a comprehensive look at all incentives offered in 32 states from 1990 to 2015.
Report: "You Don't Always Get What You Want: The Effect of Financial Incentives on State Fiscal Health" (North Carolina State University)
Elements of the proposed Lincoln Yards complex, which shifted repeatedly prior to its City Council approval this year, continue to change.
In an interview by Ben Joravsky with Dave Glowacz on the Chicago Reader's Ben Joravsky Show, Dave and Ben discuss the Cortland/Chicago River TIF district drama in the City Council's finance committee.
Chicago's City Council will vote on locking in payments from property taxes to the developer of the proposed Lincoln Yards complex, plus an undetermined amount of fees to bankers, by way of the Cortland/Chicago River TIF district.
The city of Chicago says that the City Council's finance committee will consider the Cortland and Chicago River TIF district at its April 8 meeting.
A newly-revealed ordinance contains a 600-page redevelopment agreement with developer Sterling Bay, identifying the public infrastructure it'll build to support Lincoln Yards.
Complete audio: The Chicago City Council Committee on Zoning's approval of the planned-development ordinances for the Lincoln Yards complex.
Interview with the Chicago Reader's Ben Joravsky on the 2019 mayoral candidates' responses to the Chicago Sun-Times question, "As mayor, what would you do about TIFs?", and more.
Complete audio: The Community Development Commission's unanimous approval of the Cortland/Chicago River TIF district to finance the Lincoln Yards complex.
The city's Community Development Commission and Chicago Plan Commission will soon consider approval of the Cortland and Chicago River tax-increment financing district, surrounding Lincoln Yards.
The city of Chicago released a massive report on traffic around the proposed Lincoln Yards development that contradicts details disclosed previously by the developer.
Ald. Brian Hopkins (2nd) has used Twitter to respond to residents' and journalists' perceived fast-tracking of approval by the Chicago Plan Commission.
Interview with the Chicago Reader's Ben Joravsky: In the midst of a hotly contested mayoral race, did WCPT radio's owner eject Joravsky due to Ben's scrutiny of mainstream Chicago Democrats?.
A board of local officials gave the first governmental green light to the billion-dollar Cortland/Chicago River tax-increment financing district.
A Jan. 11 joint review board meeting will let taxing bodies say whether they'll permit the Cortland/Chicago River TIF district to divert property taxes for the privately-developed Lincoln Yards.
In an interview by Ben Joravsky with Dave Glowacz on WCPT-AM's Ben Joravsky Show, Ben explores Dave's recent reporting on the Cortland/Chicago River TIF district and the proposed Lincoln Yards real estate development, and more.
The city of Chicago expects that the equalized assessed valuation of properties in the proposed Cortland/Chicago River tax-increment financing district will total $2.5 billion.
The city expects to pay out at least $1.3 billion in collected property taxes from the Cortland/Chicago River TIF district, according to a newly released report.
Page 2 of 8