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.

Qualifying Public Works

Benefits of TIF

• Part or all of project funded without tax-rate increase
• GO bond issue reduced or avoided
• More favorable financing terms based on projected TIF revenues
• Infrastructure improvements 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
• Garfield Heights/Cityview
• Cascades of Brimfield
• Lockheed Martin