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Department of City Development
Tax Incremental Financing (TIF) is an economic development tool used by the City of Milwaukee and other municipalities to leverage private development investment. This tool has been available since the state of Wisconsin adopted a TIF statute in 1975.
Milwaukee has created more than 89 Tax Incremental Districts (TIDs) to support a wide variety of projects. In recent years, TIF has leveraged such high-profile investments as the construction of a new headquarters for Northwestern Mutual, the new downtown arena, the creation of the Menomonee Valley, Reed Street Yards and Century City business parks, and the installation of the Milwaukee RiverWalk. The tool also supports neighborhood-scale projects, such as the City Homes subdivision, South 5th Street reconstruction and the Bronzeville corridor.
Explanation of Tax Incremental Financing
2018 Annual Report of Milwaukee Tax Incremental Financing Districts
Milwaukee Tax Incremental District project summaries
Wisconsin Department of Revenue website
Map of Milwaukee Tax Incremental Financing Districts
The next meeting of the Joint Review Board will take place on October 17 at 11:00 am, at 809 N Broadway.
Agenda can be found here.
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