Up to $33.3 million in property tax dollars would be greenlit for the TIF district along with up to $6.1 million in occupational withholding fees, for a total of $39.45 million, according to Metro ...

East Peoria residents had an opportunity to weigh in on a proposed Tax Increment Financing District (TIF) during a public hearing that preceded Tuesday’s East Peoria City Council meeting.

The new TIF district will run northeast of I-74 and northwest of IL-116 up to Access Road 4. It will include several lots at Par-a-Dice Landing, the current location of the Par-a-Dice Hotel and ...

Carpentersville has annexed 147.9 acres along the Randall and Huntley roads with plans for a new TIF district to spur development.

Niles village leaders hope a new tax increment financing district on Touhy Avenue will spearhead an estimated $17 million in redevelopment along the corridor. The Niles Village Board voted 6-0 at ...