IDEAS home Printed from https://ideas.repec.org/a/aza/jurr00/y2012v5i4p356-366.html
   My bibliography  Save this article

‘Dear Prudence’: An overview of Tax Increment Financing

Author

Listed:
  • Squires, Graham

Abstract

This paper looks at the use of Tax Increment Financing (TIF) as a tool for levering regeneration and renewal within a wider policy framework. The paper introduces TIF in an era of low economic growth, while finance is both straitened and increasingly provided with an emphasis on the ‘local’. The study then gives an overview of key US literature on TIF for regeneration and renewal. Using interviewees working with TIF in the USA and UK, insight is gained for the introduction of TIF into the UK. Key TIF policy considerations and explanation are put forward, given an introduction of TIF into the UK. In addition, there is a question ‘check-list’ of concerns if a TIF project is proposed. It is argued that TIF should in the first instance be reserved for regeneration and renewal, and that if TIF is selected, it can be a powerful tool as long as a prudential approach is taken.

Suggested Citation

  • Squires, Graham, 2012. "‘Dear Prudence’: An overview of Tax Increment Financing," Journal of Urban Regeneration and Renewal, Henry Stewart Publications, vol. 5(4), pages 356-366, May.
    • Handle: RePEc:aza:jurr00:y:2012:v:5:i:4:p:356-366
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/1832/download/
    Download Restriction: Requires a paid subscription for full access.
    File URL: https://hstalks.com/article/1832/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Tax Increment Financing; Investment and Finance; Urban Planning; Property Development;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z33 - Other Special Topics - - Tourism Economics - - - Marketing and Finance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jurr00:y:2012:v:5:i:4:p:356-366. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.