Tax Increment Financing (TIF) (Nebraska)
Last modified on February 12, 2015.
|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|
|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
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.
|Contact Name||Catherine Lang|
|Address|| 301 Centennial Mall South, P.O. Box 94666, Lincoln, NE 68509-4666
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Tax Increment Financing|
|Date Effective|| 1999