A diagrammatic sequence for determining a tif district.
TIF uses public financing as a method of using future gains in taxes to subsidize current redevelopment, infrastructure, and community development projects. This map shows TIF Districts and projects. Tan areas represent TIF district boundaries, grey areas outline ward boundaries, red circles are redevelopment projects and yellow squares are infrastructure projects.
Up until July of this year when the TIF portal was released, information on where TIF funds were being distributed was scarce and not open to the public. With this new resource, the public can now engage with what is going on in a particular TIF district and find out information about the redevelopment projects in their neighborhood.
According to the Chicago Reader, two districts in downtown accounted for about 43% of TIF funds, while neighborhoods in need of community redevelopment like the 15th Ward in Englewood received .002% in funds.