Transit-Oriented Development (TOD)

By | November 7, 2018

Compact, mixed-use development centered around a public transportation hub that promotes walkability and the use of public transit. Transit-Oriented Development Institute

TIF (Tax Increment Financing)

By | November 4, 2018

A financial tool used by local government to promote economic development in a designated, underdeveloped area, or area whose appeal would not increase without aid from a public subsidy. A TIF district earmarks increases in future property tax revenues that result from increases in real estate values in the district. The tax revenue can be… Read more »