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This upcoming event has been posted by reader request (Jim A). Looks like it will be a meeting of the minds of Rogers Park. Where money comes from and how its spent is always a worthwhile topic for discussion. The economy drives everything that happens in our neighborhood up to the national level. Let's Talk TIF's will be taking place at the Loyola Park Field House @ 1230 W Greenleaf Ave July 1st from 7-9 pm. The flyer for this event was first posted at the NHNA blog by Michael Luckenbach on June 18th.
Tax Increment Financing is supposed to help us (the city) in the long run. With the recent real estate bust most folks are fed up with TIF's because the promised return on investment is turning out to be more theory than reality. TIF's most often benefit those in society who already have more than enough money (the well heeled and connected). It is a useful way to encourage investment in the city (those who might otherwise build in suburbia), help increase future taxes and create jobs (most temporary).
Jim A wrote "I was wondering if you could post this flyer concerning an event at Loyola Park next Monday, July 1. Civic Labs is going Ward by Ward .... to help shed ..... light on what actually happens to TIF money. I think you'll find it interesting yourself and am hoping to get as many people to come as possible." This flyer was just posted to Rogers Park in 1000 words last night at 10 pm.