Tax Increment Financing Program (TIF) (District of Columbia)

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Last modified on February 12, 2015.

EZFeed Policy

Place District of Columbia
Applies to Municipality District of Columbia

   

Name Tax Increment Financing Program (TIF) (District of Columbia)
Policy Category Financial Incentive
Policy Type Enterprise Zone
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




























Primary Website http://app.cfo.dc.gov/services/economic/tif_program/index.shtm



Last Review 2014-09-15



Summary

The District offers several innovative public financing tools where developers can use bond financing or bank loans to fund a portion of their construction costs. The funds are repaid over time using new taxes generated by the project.



Policy Contact

Contact Name Michael Jasso
Department Office of the Deputy Mayor for Planning and Economic Development

Address 1350 Pennsylvania Avenue NW

Place Washington, D.C.
Zip/Postal Code 20004
Phone 202.727.6365


Email michael.jasso@dc.gov
Website http://app.cfo.dc.gov/services/economic/tif_program/index.shtm
Contact Name John Ross
Department Office of Research and Analysis
Division Office of the Chief Financial Officer




Phone (202) 727-7775


Email john.ross@dc.gov
Website http://app.cfo.dc.gov/services/economic/tif_program/index.shtm
     


















References