Tax Increment Financing (TIF) (Nebraska)

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Last modified on February 12, 2015.

EZFeed Policy

Place Nebraska


   

Name Tax Increment Financing (TIF) (Nebraska)
Policy Category Other Policy
Policy Type PACE Financing
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy
Active Policy Yes

Implementing Sector State/Province



























Program Administrator Nebraska Department of Economic Development
Primary Website http://www.neded.org/tax-increment-financing



Last Review 2014-09-15



Summary

Tax Increment Financing (TIF) Nebraska is primarily designed to finance the public costs associated with a private development project. Essentially, the property tax increases resulting from a development are targeted to repay the public investment required by a project. Generally, TIF funds can be used for land acquisition, public improvements and amenities, infrastructure, and utilities.



Policy Contact

Contact Name Catherine Lang
Department Economic Development

Address 301 Centennial Mall South, P.O. Box 94666, Lincoln, NE 68509-4666



Phone 800-426-6505

Fax 402-471-3778

Website http://www.neded.org/tax-increment-financing
     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: Tax Increment Financing
Date Effective 1999



















References