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Green Infrastructure, Home Values, Land Value Capture, and Equitable Property Assessment
Documentos de trabajoJulio 2023Jeffrey P. Cohen, Michael Dietz, and Yuchen HuangClimate change has necessitated innovative approaches to financing storm water mitigation in coastal communities throughout the world. We study how adding bioswales near residential properties in New...
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Taxes and Economic Development
An Update on the State of the Economics LiteratureDocumentos de trabajoAgosto 2019Andrew HansonThere is a large literature examining the effect of taxes and tax concessions on local economic development, but the last comprehensive review of taxes and economic development was Wasylenko (1997),...
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Can Tax Increment Financing (TIF) Reverse Urban Decline?
Documentos de trabajoJunio 2003Rachel N. WeberTo counteract physical decline, local governments have increasingly relied on a redevelopment tool called Tax Increment Financing (TIF). TIF allows municipalities to designate an area for improvement...
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TIF at a Turning Point
Defining Debt DownDocumentos de trabajoMayo 2011Tax increment financing (TIF) is the most important fiscal instrument for local development initiatives in this country. However, in many cases its growth has been accompanied by “moral hazard...