Tax Increment Financing as a Historic Preservation Tool

Tweet Last week, I asked how we can make historic preservation a more lucrative option.  Today, Aaron Kimberlin tells us about one way to do just that – Tax Increment Financing: ___________________________________________________________________________________________ Nationally, Tax Increment Financing (“TIF”) is the foremost tool used to stimulate downtown redevelopment and economically jumpstart blighted areas.  Arizona is the only state in the U.S. that does not promote this redevelopment tool.  Let me repeat that… ARIZONA IS THE ONLY STATE IN THE U.S. THAT DOES NOT PROMOTE THIS REDEVELOPMENT TOOL. That doesn’t necessarily mean that the City of Phoenix should follow in the State of…