When a vacant, blighted, contaminated, or otherwise challenged property is redeveloped, it becomes more valuable–but where does this funding come from? In many cases, developers initiate a Tax Increment Financing (TIF) structure. Dykema’s Teresa Ereon Giltner sits down with Emily Blaylock, President and Owner of Untamed Equity, to discuss how TIFs work, when they’re used, and the benefits they have for municipalities, developers, and end-users.
Find more on Teresa here.
Find more on Emily and Untamed Equity here.
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