What is the purpose of a TIF district?
TIF is a state-authorized, redevelopment and finance program designed to help [...]
How has Prosper Portland’s use of TIF evolved?
Prosper Portland’s use of TIF resources has been progressive. TIF [...]
How does Tax Increment Financing (TIF) generate revenue?
Tax Increment Financing (TIF) is a funding strategy designed [...]
What are examples of Prosper Portland’s community-driven neighborhood work?
The development of Gateway Discovery Park and the adjacent [...]
What is the process for fund distribution?
Fund distribution will be handled with transparency and will [...]
What is the process for accountability?
Prosper Portland, Portland Housing Bureau, and Exploration Leadership Committee, [...]
Is this a new tax or levy/fee?
No, TIF uses existing real estate taxes already being paid [...]
Why does the TIF Plan focus on “Priority Communities?”
The TIF Plan takes a targeted universalism approach. Targeted [...]
Does a stabilization-focused TIF District run counter to the City’s density goals?
No. We are intentionally not using TIF in the [...]