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Conversions from commercial to housing in Minneapolis, St. Paul could get a boost from TIF

Summary by Insight News
Tax increment financing is kind of like borrowing from the future. Cities can create “TIF districts” to help finance the redevelopment of a blighted section of town, diverting funds raised by expected future property tax increases.

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Conversions from commercial to housing in Minneapolis, St. Paul could get a boost from TIF

Tax increment financing is kind of like borrowing from the future. Cities can create “TIF districts” to help finance the redevelopment of a blighted section of town, diverting funds raised by expected future property tax increases.

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Insight News broke the news in on Thursday, April 3, 2025.
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Similar News Topics

Housing

Housing

Minneapolis, Minnesota

Minneapolis, Minnesota

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