EPISODE · Feb 7, 2022 · 19 MIN
37: Tax Increment Financing with Emily Blaylock
from Econ Dev Show Podcast - Economic Development · host Dane Carlson
Dane talks with Emily Blaylock, Senior Vice President and Chief Lending Officer for Northwest Bank about Tax Increment Financing (TIF). Northwest Bank & Trust Company is an entrepreneurial bank that has built an Economic Development Division to help developers and municipalities get projects done around the US. They utilize Tax Increment Financing (TIF) incentives designated from the municipalities to give developers funds upfront. These funds can be used to provide gap equity, expansion of existing sites, investment in other projects, working capital needs, or tenant improvements. Currently, they have completed projects in 8 states and over $400 million in funding. Their team has over 100 years of combined education in economic development and banking to help structure these loans.Special Guest: Emily Blaylock.
What this episode covers
Dane talks with Emily Blaylock, Senior Vice President and Chief Lending Officer for Northwest Bank about Tax Increment Financing (TIF). Northwest Bank & Trust Company is an entrepreneurial bank that has built an Economic Development Division to help developers and municipalities get projects done around the US. They utilize Tax Increment Financing (TIF) incentives designated from the municipalities to give developers funds upfront. These funds can be used to provide gap equity, expansion of existing sites, investment in other projects, working capital needs, or tenant improvements. Currently, they have completed projects in 8 states and over $400 million in funding. Their team has over 100 years of combined education in economic development and banking to help structure these loans.Special Guest: Emily Blaylock.Sponsored By:Econ Dev Pro: Upgrade your subscription and support the Econ Dev Show with a paid membership. Plus AI in Economic Development and other bonuses. Links:Northwest Bank and Trust TIF Monetization Loan Program | Northwest Bank and Trust Youtube: What is Tax Increment Financing (TIF)? Northwest Bank & Trust Company | LinkedIn Northwest Bank & Trust Company | Facebook
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37: Tax Increment Financing with Emily Blaylock
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