Tuesdays at APA Chicago - Closing the Gap: Public/Private Financing Tools and Development Feasibility

Tax increment financing (TIF) has always been a key tool in the municipal arsenal to make high-quality development projects possible. Since the recession and real estate crash, TIF and other innovative public/private financing mechanisms such as tax credits, loan guarantees, and gap loans, have been more critical than ever. Tony Smith, AICP, of S.B. Friedman Development Advisors will discuss the principles of "when and how to TIF," sharing case studies and approaches for getting the deal done. He will cover the new applications of public/private financing that have emerged since the recession and suggest lessons learned from these applications.