INCENTIVE DESCRIPTION

State:	IL
Incentive Type:	Property Tax Incentives
Incentive Title:	Tax Increment Financing
Description:	TAX INCREMENT FINANCING: Tax increment financing is an economic development used by local governments to help finance infrastructure projects.
Eligibility Requirements:	Projects eligible for TIF funds includes land costs, consulting costs, sewer, water, streets, reconstruction, repair, renovation, parking, site work, landscaping, job training, construction interest, interest rate, interest rate buy down. Excludes the cost of a newly constructed building.
Geographic Restrictions:	Designated TIF areas
Granting Authority:	Local community

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.