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Housing and Development Incentives News

The latest trends, news and insights on TIFs, tax credits and other housing and development incentives.

Cleveland Greenlights TIF District for $3.3 Billion Riverfront Project, Sparking Debate

The Cleveland City Council approved a new TIF district for Bedrock's $3.3 billion Cuyahoga Riverfront project, which will include apartments, offices, retail, parks, and a practice facility for the Cavs. The plan involves allocating up to $1 billion in subsidies into...

City Rankings: Federal Historic Tax Credit Awards in 2022

CivMetrics collects key tax incentive data for the largest cities in the United States. In this post, we look at new data on the Federal Historic Tax Credit. For questions about our data, or to request data, please contact [email protected]. Data is from the...

Prestamos CDFI Secures $65 Million NMTC Funding

$65 million in New Markets Tax Credits (NMTC) has been secured by Prestamos CDFI, LLC, a division of Chicanos Por La Causa, from U.S. Treasury's CDFI Fund. This marks their seventh award received, which will also be used to support Prestamos' efforts to uplift...

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