Scholars often explain the rise of tax increment financing (TIF) as a natural progression toward localized revenue sources born of devolution, increased interlocal competition for business investment, and fiscal constraint. Although such factors provide important context, our genealogy of TIF in...

Business improvement districts (BIDs) have become popular commercial revitalization tools. To date, the literature has focused on the experiences of large BIDs in the wealthiest parts of the city. The author offers qualitative and quantitative data on 41 of New York City’s BIDs in an...

Although the majority of empirical research on tax increment financing (TIF) examines municipal-level effects, there are fewer studies looking at TIF effects at a more localized level. This article examines the characteristics of the areas in which TIF districts are located as well as the...

Increasingly, municipal leaders justify their use of tax increment financing (TIF) by touting its role in improving municipal employment. However, empirical studies on TIF have primarily examined TIF's impact on property values, ignoring the claim that serves as the primary justification for its...