Growth Driver #2: Financing Tools to Grow Your Business
LOCAL TIF INCENTIVES
Hazel Crest is well versed in all things TIF, having successfully used them in recent years.
- Hazel Crest TIF Map (Existing TIF) - Cook County Searchable TIF Map
- Hazel Crest TIF Map (Proposed 183rd TIF) - 183rd TIF Redevelopment Plan
- Hazel Crest Annual TIF Reports - Illinois Comptroller TIF Report Warehouse
- Background on How TIF Works - Tax Increment Financing is an integral tool for Hazel Crest - For those new to TIF, here is the introduction to how TIF financing works and where it can be utilized.
REGIONAL INCENTIVES
Although TIF is a well known tool, Hazel Crest has 3 tools not available in other communities.
OTHER INCENTIVES
Hazel Crest has the flexibility to creatively use other tools to solve financial problems a business may face.
- Business Districts
- Signage and Facade Incentives
- Land Write-Downs