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Chicago’s Tax Increment Financing Program is the dominant economic development
initiative of Mayor Richard M. Daley’s administration. With 129 TIF districts
in the City, covering nearly 30% of the land area, and nearly $400 million in
TIF funds, the program touches all parts of the City.
The chart below shows the various
categories of spending allowed in TIF districts and how Chicago allocated
its TIF dollars amongst these categories in 2002. Around the City,
community members are organizing to ensure that TIF dollars are spent
to directly benefit the residents in their communities.

For more on TIF organizing strategies,
contact John Paul Jones at NCBG, 312-939-7198 or jpjones@ncbg.org. Also, see NCBG’S TIF
Almanac, available on this website by clicking the link on the TIF
page.
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