What are the Different Types of TIF Districts?
The most commonly utilized TIF districts are Redevelopment Districts for addressing blighted conditions, Housing Districts for assisting the development of low- and moderate-income housing, and Economic Development Districts for assisting with certain employment and tax base opportunities. The TIF Act also provides for Renewal & Renovation Districts (similar to Redevelopment Districts) and Soils Condition Districts for sites with hazardous substances. A Hazardous Substance Subdistrict can be used with other types of districts when contamination is found. Other types of districts may be authorized by uncodified, special laws.