CHICAGO—(ENEWSPF)—February 12, 2015. Roosevelt University will host a forum on the uses and abuses of Tax Increment Financing in Chicago from 5 p.m. to 6:30 p.m. on Wednesday, Feb. 18 in room 418 of the University’s Wabash Building, 425 South Wabash Ave., Chicago.
During the forum, Tom Tresser of the TIF Illumination Project will present new findings on the use of TIFs in Chicago’s 42nd ward where Roosevelt University and other Loop properties are located.
To investigate and explain the impact of TIFs on a ward-by-ward basis, his research is expected to trace the trajectory of approximately $422 million in Chicago property taxes that have been diverted for TIF use in 2013.
Co-sponsored by Roosevelt’s Mansfield Institute for Social Justice and Transformation and the Department of Sociology, the event is free and open to the public. For more information, contact Leon Bailey, associate professor at the Department of Sociology at 312-341-3836 or [email protected].
Source: www.roosevelt.ed
