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Tag Archives: TIF

TIF funds may help build school in East Baltimore

Construction of a new public school in East Baltimore may be partially funded with Tax Increment Financing bonds earmarked for demolition of vacant row houses in Middle East, according to officials involved in the redevelopment. The $50 million East Baltimore ...

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Task force debates priorities for public financing

A task force studying public financing for large city developments on Tuesday debated how to prioritize such projects to share the wealth across Baltimore’s communities. The Task Force on Baltimore City Public-Private Development Financing Efforts is expected to release a ...

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Editorial: The right to know

The task force studying the need for public subsidies to private developers in Baltimore started to get to the heart of the matter this week — disclosure and accountability. The group spent nearly two hours debating how financing tools like ...

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Week in review: 2/25/11

Police officers face charges Seventeen Baltimore police officers and two brothers who own Majestic Auto Repair Shop were charged Wednesday on allegations of arranging for the company to tow vehicles from accidents even though the company lacked the necessary city contract, ...

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City Hall task force debates developers’ subsidies

A city task force examining the need for public subsidies to developers debated whether to hold businesses more accountable for those tax breaks through audits and increased transparency during a heated meeting Tuesday. The task force, formed by City Councilman ...

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Daily Record investigation: All articles on East Baltimore’s redevelopment

DAY 1: A dream derailed The nation’s largest urban redevelopment, a projected $1.8 billion effort to transform 88 acres of East Baltimore into a world-class biotech park and idyllic urban community, lies derailed amid vacant lots, boarded houses and unfulfilled ...

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Daily Record investigation: TIFs increasingly fuel city projects

What is a TIF? The acronym stands for Tax Increment Financing, a little-understood form of public investment in urban redevelopment now favored by the city of Baltimore. When City Hall approves a TIF to help finance a new development, bonds ...

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