Tag: TIF

What Are TIFs and Why Is the Teachers Union Wrong About Them?

There were two very important events in Chicago yesterday. One serves as an example of what SHOULD be happening more in Chicago with TIF funds. The other presents a terrible idea and embodies exactly what SHOULD NOT happen with these dedicated funds. Early yesterday morning there was jubilation on the south side as a Whole Foods store opened in the…

I Told You So: CPS Knew This Was Coming

I hate to say, “I told you so”. But, as Chicago aldermen begin to come forward to sacrifice on the altar of woefully underfunded Chicago Public Schools, neighborhood projects that would have been funded by monies from the Tax Increment Financing (or TIF) program, it is hard for me not to think about the work that I was doing ten…