New TIF Portal Aims to Be More Transparent

 Lawndale News Chicago's Bilingual Newspaper - BusinessLast week, Mayor Emanuel launched the City’s first-ever TIF Portal as a way to navigate geography-based representation of TIF districts and project data. This effort will allow Chicagoans to review TIF project data on a map and the ability to review TIF project data by address, a project name, a TIF district name and or a ward number. In conjunction with the launch of the TIF Portal, over 2,000 rows of new infrastructure data have been made publicly available.

The TIF Portal is a step in a series of TIF reforms intended to improve accountability and make information regarding the TIF program more accessible to the Chicago public. The TIF Portal is accessible at cityofchicago.org/ChicagoTIF and provides the following information for each TIF district:

  • A description of the purpose of the district;
  • The investments that have been made in the District that have been approved by City Council;
  • A list of redevelopment projects approved by City Council for the district; and
  • Links to important documents for the district such as the establishment ordinance approved by City Council, the most recent annual report, and district revenue projection data.

The TIF Portal also provides the following information for each TIF-funded redevelopment project:

  • The name of the developer;
  • The TIF funds approved by City Council;
  • The project’s address;
  • A brief description of the project; and
  • Links to important documents for the project (as applicable) such as the redevelopment ordinance, the Community Development Commission report, and the certificate of completion.

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