Public Infrastructure
Tax Increment Financing (TIF)
As a public entity, DFA can secure Fixed-Rate Tax Increment Financing (TIF) for qualifying projects, resulting in more favorable financing terms.
Benefits of TIF
- Finance part or all of project funded without tax-rate increase
- General Obligation (GO) bonded indebtedness is reduced or avoided
- More favorable financing terms based on projected TIF revenues
- Infrastructure improvements virtual reality headset drive long-term economic development
- Early project start with swift closing and interim financing
- No sales tax on hard construction costs
Case Studies
Cavaliers Practice Facility
Cascades of Brimfield
Lockheed Martin
University Edge
Qualifying Public Works
- Streets
- Parking
- Water
- Sewer
- Land Acquisition
- Lighting
- Utilities
- Qualifying private purposes 41 TIF