Government
CityLab Daily: A Powerful Tool for Urban Redevelopment
Also: Parakeets are taking over Europe, and Minneapolis understood that NIMBYism has victims.
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Thanks for the TIF: Readers, it’s time again for CityLab University. We asked you what urban policy concept you would like explained next and we got a resounding call for the urban redevelopment tool known as Tax Increment Financing, better known as TIF. You lovable nerds. If you’re not already familiar with it, you should be, because behind that dry-as-dust name is a powerful (and controversial) incentive tool for economic development.