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