February 11, 2020 / by Open Data Portal Team / In Open Data , Data Portal
TIF and Financial Incentive Dataset Releases and Changes
We are happy to announce that the City of Chicago has released a number of new datasets related to Tax Increment Financing (TIF) districts and other forms of financial incentives to catalyze economic development. We have also made some changes to existing datasets.
New Datasets
Seven new datasets show individual Financial Incentive Projects – two relating to TIFs and five relating to other types of incentives. They are:
- Financial Incentive Projects - Neighborhood Opportunity Fund (NOF) Large
- Financial Incentive Projects - Neighborhood Opportunity Fund (NOF) Small
- Financial Incentive Projects - Property Assessed Clean Energy (PACE)
- Financial Incentive Projects - Property Tax Abatement
- Financial Incentive Projects - Small Business Improvement Fund (SBIF) Community & Economic Development
- Financial Incentive Projects - (TIF-Funded) Economic Development
- Financial Incentive Projects - TIF Works
An eighth new dataset shows Tax Increment Financing (TIF) Investment Committee Decisions.
All eight datasets will initially be updated quarterly and we hope to be able to increase the frequency as enhancements to the source data systems permit.
While not directly part of this data release, we encourage those interested in TIFs to explore the Department of Planning and Development’s separate TIF portal.
Changes to Existing Datasets
The already-existing Tax Increment Financing (TIF) Projects dataset has been changed in the following ways:
- It has been renamed to Tax Increment Financing (TIF) Funded RDA and IGA Projects in order to better represent the content. Existing links should continue to work for all purposes. Please let us know if you find this not to be the case.