Growth Driver #2: Financing Tools to Grow Your Business

The Village of Hazel Crest’s leadership understands that business owners face competition on a daily basis — whether that competition is down the street, across the state line, or a continent away. To help you compete, the Village will strive to be your competitive ally. As such, the Village is knowledgeable about and can deploy the fully array of financing tools that will help you compete at the highest level.

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.